79% of Small Business Owners Unprepared for Cyber Attack

79% of Small Business Owners Unprepared for Cyber Attack

November 10, 2015         Written By Natalie Rutledge

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.

The information contained within this article was accurate as of November 10, 2015. For up-to-date
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About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at natalie@lowcards.com
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