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SMEs risk going out of business unless they improve cybersecurity

86% of respondents said they would consider removing an SME supplier if they were hacked. 94% said cyber security standards are important when awarding contracts to SME suppliers. 70% of procurement managers think SMEs should be doing more to prevent cyber attacks and protect client data. Some SMEs are increasingly being asked to self-fund their own accreditations. Some 60% of small business owners said they are concerned enough to take extra precautions including firewalls, offsite protected servers, multi-factor authentication, encrypted emails and password protection.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/smes-risk-going-out-of-business-unless-they-improve-cybersecurity/

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