According to a report by business financing services company Balboa Capital, only 4 percent of small-businesses’ information technology budgets are spent on cybersecurity measures. Here’s more.
60% Small businesses that close within six months of a cyberattack.
36% Small businesses with less than 250 employees that were victims of a cyberattack in 2014.
84% Financial firms that said cybersecurity is one of their top five concerns.
50% Companies with revenues under $10 million that suffered a security breach in 2014.