Cyberattacks pose biggest business threat, small companies say

April 17, 2024

Six out of 10 small businesses view a cyberattack such as ransomware, phishing and malware as their biggest threat. Yet, less than half (48%) have trained employees on cybersecurity measures, the U.S. Chamber of Commerce recently said.

Still, 73% of small businesses feel prepared for a cyberattack, with professional services companies and those with 20 to 500 employees most focused on cybersecurity, the Chamber found in a survey conducted with MetLife.

Along with cyberattacks, small businesses identified supply chain breakdowns and another pandemic as top concerns, with 27% of the companies saying they are just one disaster away from shutting down. See more findings.

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