McAfee’s study, “The Security Paradox” examines how small and medium organizations that employ between 51-1,000 workers address IT security and growing cyber threats.
An overarching theme of the report reveals that SMBs around the world (and particularly in North America) believe they are too small and pose too little value to hackers to be worth their time, but recent trends in hacker and cybercrime activity reveal that’s just not the case.
In reality, SMBs’ limited resources, inadequate security, and lack of technical expertise make them more vulnerable to cyber attack, and hackers are taking notice.
Jeff Green, Senior VP of McAfee Avert Labs confirmed, “High profile attacks [on larger enterprises] are becoming less frequent because they are often detected quickly. Attackers are favoring stealth attacks that quietly infiltrate systems [of small and medium businesses].”
To change this trend, small and medium-sized organizations will need to make significant shifts in their fundamental values and budgetary allocations.
