Many SMBs conclude that the best way to gain proper protection is through a managed services approach and more managed service providers (MSPs) rising to the challenge and adding managed security services says Mike Puglia.
SMBs in the UK with operations or supply chain in the EU need to focus their attention on GDPR and security posture; there is a level of scrutiny around data management that many SMBs are unlikely to have experienced before.
Sian John discusses why SMBs should care about having security measures to protect their business since if they fail to comply to with GDPR and other regulations, they can lose a lot of money
On average, a single cyber-security incident now costs large businesses US $861,000 (£652,000). Meanwhile, small and medium businesses (SMBs) pay $86,500 (£65,500).
Every day cyber-criminals are benefiting from Australian SMBs that are uneducated and unwilling to properly protect their data.
Only 37 percent of respondents in small to medium size businesses felt that their organisation was fit to manage IT security, according to a recent survey.