Survey: SMBs Are Short on Resources to Safeguard from Cyber Attacks

A new study reveals that in most small to medium businesses, IT teams are expected to handle all cyber security management and concerns.

BROOMFIELD, Colo. – Only 37% of small and medium businesses (SMBs) consider their organizations to be fully equipped to handle IT security, according to a new survey by Webroot, a provider of cloud-based, real-time Internet threat detection services.

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The study reveals that in most SMBs, IT teams are expected to handle all cyber security management and concerns. IT employees at almost one in three companies (32%) juggle security along with their other IT responsibilities, which leaves them limited time to cope with security tasks.

Lack of budget is an issue too, with 60% of respondents believing their organization is more vulnerable to attacks because they don’t have the resources to properly defend themselves. Almost half of respondents (48%) think their company is vulnerable to insider threats, from employees for example. In addition, 45% believe they are unprepared for threats from unsecured internal and external networks, such as public Wi-Fi, and 40% for unsecured endpoints, such as computers and mobile devices.

There is evidence that businesses are aware of the problem, 81% of respondents say they plan to increase their annual IT security budget for 2016, by an average of 22%. They’re also very open to other strategies for improvement, with an overwhelming 81% agreeing that outsourcing IT solutions (including cybersecurity) would increase their time available to address other areas of their business.

You can read the full report here.

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