Guardz

In one-third (33%) of cases, the SMB business owner personally handles alerts and incident resolution.

16% of SMBs allocate less than $50 per user on security annually.

43% of SMBs report they experienced a cyberattack in the past 5 years.

58% of SMBs use network firewalls.

52% of SMBs employ email/spam filters.

17% of SMBs significantly increased their cybersecurity spend.

27% of SMBs said they were targeted in the past 12 months.

64% of SMB owners reportedly recovered quickly from a cyber attack.

Half of SMBs reported increasing their cybersecurity budgets.

80% of SMBs with a formal incident response plan in place were able to avoid major damage during an attack.

Only 34% of SMB owners have a formal incident response or continuity plan developed with a cybersecurity professional.

13% of SMBs rely on untrained employees to handle alerts.

The leading motivations for working with a managed service provider (MSP) for SMBs are a fear of cyberattacks (52%) and a sense of responsibility to customers and stakeholders (40%).

31% of SMB owners don't know exactly how much they spend on cybersecurity.

45% of SMBs cite employee negligence as their biggest cybersecurity concern, particularly acute in the education sector.

42% of SMBs are worried about outdated technologies, with healthcare businesses the most concerned.

26% of SMBs do not conduct regular penetration tests or security assessments.

41% of SMBs have endpoint protection.

3% of SMB owners faced severe, lasting damage following a cyber attack.

27% of SMBs lack cyber insurance.