Small Business Cybersecurity: 10 Statistics You Can’t Afford to Ignore
When it comes to cybersecurity, small businesses often think, “It won’t happen to me.” But the reality is, cybercriminals don’t discriminate. In fact, small and medium-sized businesses (SMBs) are increasingly becoming the primary targets of cyberattacks. Why? Because they often lack the resources, expertise, and robust defenses that larger organizations have in place.
To help you understand the risks—and why cybersecurity should be a top priority—we’ve compiled 10 eye-opening statistics about small business cybersecurity. These numbers don’t just tell a story; they’re a wake-up call.
1. 43% of Cyberattacks Target Small Businesses
Small businesses are the most common targets of cyberattacks, accounting for nearly half of all incidents. Cybercriminals see SMBs as easy targets because they often have weaker security measures in place.
2. 60% of Small Businesses Go Out of Business Within 6 Months of a Cyberattack
The financial impact of a cyberattack can be devastating. Between downtime, lost revenue, and recovery costs, many small businesses simply can’t recover.
3. Only 14% of SMBs Rate Their Ability to Mitigate Cyber Risks as “Highly Effective”
Despite the growing threat, most small businesses feel unprepared to handle a cyberattack. This lack of confidence highlights the need for better cybersecurity strategies and tools.
4. Phishing Accounts for 90% of Data Breaches
Phishing attacks—where cybercriminals trick employees into revealing sensitive information—are the leading cause of data breaches. And small businesses are particularly vulnerable due to limited employee training.
5. 54% of SMBs Have Experienced a Data Breach in the Past Year
More than half of small businesses have faced a data breach, and the number is rising. Whether it’s ransomware, malware, or stolen credentials, the threat is real and growing.
6. 82% of Ransomware Attacks Target Small Businesses
Ransomware attacks, where hackers encrypt your data and demand payment to unlock it, are increasingly targeting SMBs. The average ransom demand? Around $5,900—but the true cost of downtime can be much higher.
7. Only 28% of Small Businesses Have a Formal Cybersecurity Policy
Without clear policies and procedures, employees are more likely to make mistakes that leave your business vulnerable. A formal cybersecurity policy is essential for reducing risk.
8. 47% of Small Businesses Have No Cybersecurity Budget
Many SMBs don’t allocate any funds for cybersecurity, leaving them exposed to attacks. Investing in cybersecurity isn’t just a cost—it’s a necessity for protecting your business.
9. 88% of SMBs Rely on In-House IT Staff or No IT Support at All
While in-house IT teams can handle day-to-day issues, they often lack the expertise to manage complex cybersecurity threats. Outsourcing to a managed IT services provider can fill this gap.
10. 94% of Malware Is Delivered via Email
Email remains the most common delivery method for malware, including ransomware and spyware. Without proper email security and employee training, your business is at risk.
Conclusion: Don’t Be a Statistic
These statistics paint a clear picture: small businesses are under attack, and the stakes are high. But the good news is, you don’t have to face these threats alone. By investing in cybersecurity training, tools, and support, you can protect your business and reduce your risk of becoming another statistic.
If you’re not sure where to start, we’re here to help. Contact us today to learn more about our cybersecurity solutions and how we can keep your business safe.
