Why many small and midsized businesses remain vulnerable to cyberattack

General News

Summary

Small and midsized businesses (SMBs) sometimes lack the internal skills and staff to fully handle their cybersecurity, prompting them to outsource their security protection to channel partners. Though such partners are increasingly adding security to the mix of services they offer, businesses can still be vulnerable to cyberattack due to certain internal limitations and barriers. Released on Thursday, Untangles second annual "Voice of the Channel" report cited budget constraints and a lack of knowledge as the top barriers faced by SMBs in tackling cybersecurity. A limited time to research and understand new threats, a lack of people to monitor and manage security, and rogue employees were also mentioned as obstacles. By not supported all card-reading devices with the same type of strong encryption and by not spending the time and resources needed to properly train employees, Landrys opened itself up to further attacks, according to Untangle.

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industries
EduTech - institutions
applications
Accounting and Taxes

AskAI Classifications

Labels
Digital Media Software SaaS

Linked Companies

Untangle
$10M to $25M
Flipboard Inc.
$10M to $25M