Business Association Member tells us it is flawed thinking to believe that only anti-virus software will protect your online business from Cyber-attack. Statistics show that in 2018 small online businesses were victims of cyber-attack to the tune of 47%.
Only 52% of businesses have a cybersecurity strategy plan (Hiscox 2018). There may be a mindset that SMB business are not large enough to attract cybercriminals. The more important factor may be that small to medium businesses lack the technological savvy to understand the total threat cybercrime imposes. Many small or start-up businesses run on tight budgets and feel cybersecurity is too big of an expense out of the box. After all, the news is full of accounts where the mega-giant corporations are hit with cyber-data theft involving millions of customers.