Insights from the latest SMB cybersecurity survey report
With around half of all cyberattacks aimed at Small and Medium-sized Businesses (SMBs), these companies are at risk of anything from alienating customers to shuttering their businesses altogether.
In this Telecom Security Trends report, we discuss a recent survey of 450 SMBs worldwide, conducted in partnership with Coleman Parkes, which examined the SMBs’ attitudes toward cybersecurity and the actions they are taking to mitigate cyberthreats on their businesses.
Our findings revealed that SMBs are increasingly aware of their cybersecurity needs and of the benefits of network-native solutions, and they are willing to turn to CSPs for those solutions.
Highlights from our survey:
- 43% of SMBs prioritize cost when selecting cybersecurity solutions
- 65% of SMBs surveyed indicated that they were likely to purchase or upgrade their cybersecurity solution within the coming 12 months
- SMBs spend an average of around $1,400 annually on cybersecurity protection
- Only 1 in 3 SMBs are fully prepared for cybersecurity regulation changes, exposing them to significant compliance risks
Read the full report and survey results now.
You may also be interested in watching our on-demand webinar where our experts discuss the report and survey findings.
