Increase Cybersecurity Concerns for Half of All Small Business Owners

Increase Cybersecurity Concerns for Half of All Small Business Owners
Insure Covid

The overnight move to a “virtual workplace” has increased cybersecurity concerns for small business owners, but many still have not implemented remote working policies to address cybersecurity threats, according to a new survey by the Cyber Readiness Institute (CRI).

Conducted from March 25-27, the survey* of 412 small business owners found that half of all business owners are concerned that remote working will lead to more cyberattacks. Yet, nearly 40% feel that economic uncertainty will prevent them from making necessary cybersecurity investments.

This is particularly concerning for companies with fewer than 20 employees as the survey showed they were distinctly unprepared for remote working. Only 22% provided additional cybersecurity training prior to enabling remote working and just 33% provided “any cybersecurity training.”

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