Attacks taking place on small and medium enterprises (SME) are becoming more sophisticated, meaning they cannot be easily prevented by traditional endpoint protection mechanisms. The attacks taking place in SMEs can be difficult to prevent, say experts. Spending on cybersecurity in organisations with 50-999 employees is estimated at $267,000, while their counterparts with more than 1,000 employees spend $18.9 million on average. A report from last year, IT security economics in 2019: How businesses are losing money and saving costs amid cyberattacks, shows that, on average, spending on information security equates to around a quarter of an entire IT budget.”]