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State of Cyber Security in Small & Medium Sized Businesses
State of Cyber Security in Small & Medium Sized Businesses
Key Findings
Companies are aware of the threat but believe they are too small to be a target.

Attacks are Proliferating
61% of Small & Medium Businesses were affected by cyber attacks, a 6% increase from 2016

More Data is at Risk
54% of attacks involved data breaches, with an average of 9,350 records stolen

Attacks Are More Sophisticated
81% of malware attacks avoided anti-virus solutions

Email and Personnel are the biggest Threat
65% of all malware is a result of interacting with a phishing/malicious email
The Rise of Ransomware
Ransomware is defined as a sophisticated piece of malware that blocks the victim’s access to company files.
Ransomware is defined as a sophisticated piece of malware that blocks the victim’s access to company files.

Increase in Frequency
Fifty-one percent of respondents say they experienced an attempted ransomware attack within the past year
Increase in Frequency
Fifty-one percent of respondents say they experienced an attempted ransomware attack within the past year

Laptops/Desktops are the Culprit
78% of ransomware attacks were initiated through a compromised desktop or laptop
Laptops/Desktops are the Culprit
78% of ransomware attacks were initiated through a compromised desktop or laptop

Goodbye Bitcoin
60% of companies paid the ransom to regain access to data
Goodbye Bitcoin
60% of companies paid the ransom to regain access to data

Pay to Play
The average ransom to unlock or decrypt data was $2,157
Pay to Play
The average ransom to unlock or decrypt data was $2,157
Cloud Infrastructure, Bring Your Own Device Culture, & Email Exponentially Increase Attack Surface

Cloud Dominance
85% of enterprises utilize a hybrid cloud environment.

The Pourous Cloud
27% of third party applications pose a "high" security risk, 58% pose medium security risk.

The "Secure" Cloud
8.1% of cloud apps meet "strict" data security and privacy requirements for enterprise grade security controls.

Spam is Taking Over
65% of total email traffic is spam.

Propagation of Adware
75% of organizations are found to be infected with some form of adware.
*Data from the 2017 State of Cybersecurity in Small & Medium-Sized Businesses (SMB) - Ponemon Institute
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