The Impact of Fraud and IT Security on SMEs

The impact of fraud and cyber security crimes can be detrimental to businesses of any size. However, research has clearly shown that there is a much bigger threat to small businesses, and they are the most size firm affected year on year. 43% of cyber attacks target small businesses, and only 14% of small businesses believe their ability to mitigate vulnerabilities and cyber risks are highly effective. 60% of small companies also go out of business within 6 months of a cyber attack, clearly reinforcing just how damaging these threats can be to SMEs.

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Date : April 9, 2020 at 11:37AM

Tag(s) : #RGPD ENG