79% of Small Business Owners Unprepared for Cyber Attack
Nearly eight in ten (79%) small business owners do not have a cyber attack plan, even though 63% have already been the victims of at least one attack, according to a Nationwide study released today.
Respondents were asked why they had no cyber attack response in place, and 46% said they felt their current software was secure. An additional 40% said they do not think their company will be the victim of a cyber attack.
However, 73% are somewhat concerned about the prospect of a cyber attack, especially since 63% of small business owners have been been victim to at least one of the following:
- Computer virus (44%)
- Phishing (30%)
- Trojan horse (22%)
- Hacking (16%)
- Data breach (11%)
- Issues due to unpatched software (10%)
- Unauthorized access to customer information (9%)
- Unauthorized access to company information (8%)
“The holiday shopping season kicks into high gear this month, with Thanksgiving, Black Friday and Small Business Saturday,” said Mark Berven, president and chief operating officer of Nationwide Property & Casualty, in a statement. “But unfortunately, this is also the time of year when many cyber criminals target shoppers and businesses.
“When it comes to hackers, every small business owner needs a game plan,” Berven said. “That’s why we created a site filled with solutions that can help companies protect their customers this holiday shopping season–and year round.”
Harris Poll, on behalf of Nationwide, conducted the study online between June 8 and June 19. 500 U.S. small business owners, with fewer than 300 employees, were surveyed.