51% of SMB leaders are convinced their companies are not a target for cybercrime. 76% of them say they haven’t activated multifactor authentication for their enterprise email accounts. A single breach can cost a small business up to $130,000, mostly for legal work, cyber remediation, and reputational damage. President Trump signed the NIST Small Business Cybersecurity Act last week, directing NIST to develop a streamlined version of its Cybersecurity Framework. A Ponemon Institute report in 2016 found that half of the nation’s 30 million small businesses had been breached.”]