Cybersecurity for SMBs: Statistics and Threats You Can’t Afford to Ignore

Originally published by VikingCloud.

 

Small and medium-sized businesses (SMBs) play a crucial role in the U.S. economy, making up 99.9% of all businesses and contributing to half of the nation’s GDP. However, these vital economic growth drivers face an escalating threat —cyberattacks that could put them out of business.

Nearly 1 in 5 SMBs would be forced to close their doors following a successful cyberattack. Even more concerning, 55% of SMBs report that a financial loss fro…

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