Half of SMBs believe they're immune to cyberattacks

Half of SMBs believe they're immune to cyberattacks

Many small- and medium-sized businesses are now aware of increasing cybersecurity threats, but half incorrectly believe it's mainly a large-business problem.

According to a recent survey by a leading internet security company, 63 percent of SMBs don't secure machines used for online banking, 61 percent don't use antivirus on all computers and 47 percent don't have security software on mail servers.

"Our research shows that SMBs are quite vulnerable to cyberattacks, and it's more important than ever for them to take steps to keep their information safe," said security expert Steve Cullen. "Even with tight budgets and limited resources, simple changes such as education and best practices can significantly strengthen an SMB's security approach to cyberattacks."

Despite many SMBs failing to implement basic security measures, more than half are aware of threats like malware, keystroke logging and mobile device risks, the report said. While recent data revealed 40 percent of targeted attacks are aimed at SMBs, more than half of respondents think small companies are at less risk.

According to a recent Ponemon Institute study, malware accounts for a large proportion of cybercrime damage to SMBs, while larger businesses are at greater risk of malicious insiders, stolen devices and disk operating system attacks.