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5016 S 108th St, Omaha, NE 68137

5016 S 108th St, Omaha, NE 68137

10 Vital Stats About Small Business IT Security: Numbers You Need to Know

According to the Small Business Administration, depending on your industry, a small business could be defined as business with a maximum of 250 employees or a maximum of 1,500 employees. They’re privately owned corporations, partnerships, or sole proprietorships that have less revenue than larger businesses.

And right now, small business is big business. SMBs are taking over! The 28 million small businesses in the US account for 54% of all US sales. Small or large, every business depends on technology, but they aren’t always working with the same resources when it comes to IT trends and security.  

As much as we depend on technology to run our small businesses, it’s vital to understand the risk involved if the proper precautions aren’t taken and the right support isn’t accessible…

16% of respondents admitted that they had only reviewed their cybersecurity posture after they were hit by an attack.

If a company has a password policy, 65% of respondents say they do not strictly enforce it.

Small businesses reported that only 38% regularly upgrade software solutions.

 

While many small businesses are concerned about cyber attacks (58%), more than half (51%) are not allocating any budget at all to risk mitigation.

55% of respondents say their companies have experienced a cyber attack in the past 12 months.

50% report they had data breaches involving customer and employee information in the past 12 months

43% of cyber attacks target small business.

Only 14% of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective.

60% of small companies go out of business within six months of a cyber attack.

48% of data security breaches are caused by acts of malicious intent. Human error or system failure account for the rest.

While SMBs have taken a stronghold on the majority of US sales, there is no denying that the resources of an SMB aren’t the same as those of their large, big box counterparts. They will often have on-site support, strong security measures, and heftier cyber security insurance. It’s hard for SMBs to contend with it all. That’s where Friendly PC comes in. We can offer small businesses peace of mind with:

  • Same Day Service
  • Onsite Repair
  • Software Support and Upgrades
  • Server Hardware Support and Setup
  • Remote Support
  • Data Backup and Recovery Solutions
  • Hardware Upgrade Solutions
  • Virus and Spyware Removal
  • Wired and Wireless Networking
  • Custom Built Business-Class Servers, Desktops and Laptops
  • Service Contracts
  • Remote Maintenance and Monitoring Plans
  • Free Network Evaluations

 

When a small business is facing computer repair issues, it can be crippling — basically business comes to a crashing halt. Friendly PC is there when and where you need us. We can offer remote cloud care, we can show up to your office, or you can come into the store anytime. Find out more about our Business Service offerings here.

Source: Cyber Security Statistics from Small Business Trends

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