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US SMBs are more likely to experience security breaches/incidents than US SMBs. Canada
San Diego When Toronto, November 10, 2022 /PRNewswire/ — ESET, a global leader in cybersecurity, today released its 2022 SMB Digital Security Sentiment Report. North AmericaAccording to new data, 74% of SMBs are North America When Europe consider themselves more vulnerable to cyberattacks than businesses. While these decision makers are concerned about the potential impact of an attack, particularly data loss, financial impact, and loss of customer trust and confidence, 70% of companies surveyed say they of investments have not kept pace with recent changes. Operational model (that is, hybrid work).
On a more direct note, the top three challenges identified by North American SMBs are:
- Inability to keep up with modern cybersecurity threats (54%)
- Keep up with the latest cybersecurity approaches and technologies (50%)
- Budget constraints/lack of investment in cybersecurity (49%)
Given these challenges, more than half of respondents (51%) North America say they have no or only a little confidence in their cybersecurity resilience over the next 12 months. In their view, the main factors impacting the risk of cyberattacks over the next 12 months were employee cybersecurity awareness, continued hybrid or telecommuting, and the migration of services to the cloud.
“Earlier this month, it was reported that financial institutions had witnessed billion dollars While potential ransomware-related payouts in 2021 are more than double those in 2020, the highest amount ever reported, our research shows that SMBs are the or shows that they are not investing enough in employee awareness. ” Ryan Grant, Vice President of Sales for ESET North America. “Many do not follow basic cybersecurity best practices such as using multi-factor authentication, updating software regularly, and conducting regular cybersecurity audits. , the latest threat data and intelligence, and a comprehensive suite of security solutions to protect your enterprise.”
SMB usa When Canada Even countries facing similar concerns and investment challenges have different cybersecurity landscapes. For example, 56% of Canadian respondents said they had experienced or acted upon a data security incident or strong indication of a breach in the past 12 months, compared to 74% of respondents in the United States. . Additionally, 43% of US respondents said they had multiple incidents during the same time period. For 28% of Canadian respondents..
“The data suggests that Canadian businesses are experiencing fewer data breaches, which may be due to good privacy laws, including cybersecurity requirements. .” Tony Anscombe, Chief Security Evangelist at ESET. “This data clearly shows a disconnect between the cyber threats facing SMBs and the investments they are making in cybersecurity. Cybercriminals may shift their efforts to lower tier targets to monetize their activities – making it imperative for SMBs to improve their cybersecurity posture .”
Key highlights from the 2022 SMB Digital Security Sentiment Report include:
SMB does not take adequate measures to protect against RDP security concerns:
75% of North American respondents believe that Remote Desktop Protocol (RDP) is the biggest factor influencing cyberattack risk in the next 12 months, while 77% say RDP said to continue to use In addition, not enough of these companies have taken basic security measures to enforce the use of remote access tools. Nearly 50% (49%) of respondents did not secure their logins with multi-factor authentication (MFA), and only 52% kept their remote access tools up to date.
Outsourcing vs Insourcing:
Small and medium-sized enterprises usa Prefer different cybersecurity approaches CanadaWhile 42% of US SMBs have cybersecurity management in-house, 25% of Canadian SMBs prefer to outsource to a single cybersecurity provider (35%).
Anscombe said: “Differences in laws, regulations and privacy requirements across countries and continents may be factors motivating his SMBs in Canada to outsource. This is because there is an increase in
Do companies conduct enough audits?
Fewer than 50% of surveyed companies (49%) usa Companies that have conducted a cybersecurity risk audit in the last 12 months compared to 60% of Canadian small businesses.Surprisingly, 7% and 18% of US Canada Respondents admitted that they had never conducted an audit. Of those who conducted audits in the last two years, 53% used an external her IT security firm or MSP, 34% conducted the audits themselves, and 13% used her combination of the two .
Adoption of EDR, XDR and MDR by SMBs:
27% of SMBs North America They say they currently use an EDR, XDR, or MDR solution.If You Haven’t Deployed These Advanced Solutions North America:
- 25% say they don’t know enough to consider using EDR, XDR or MDR.
- 31% plan to use within the next 12 months
- 13% are considering using them in the next two years, and the remaining 4% are not yet considering these solutions
How SMBs choose cybersecurity vendors:
of North America, 41% of small businesses are looking for practical steps on how to improve security rather than listening to fear-based tactics from vendors. 37% of respondents are looking for a company that understands small businesses. 35% are looking for a vendor that provides a single, unified view across multiple tools and attack vectors. Customer service is also important, with 30% ranking this factor as important.
The 2022 SMB Digital Security Sentiment Report conducted by Insight Avenue usa, Canada, England, France, GermanySpain, Italy, Poland, Sweden, Czech Republic, Netherlands, Denmark, Norway When Finland – Focuses on companies with 25 to 500 employees. Of the more than 1,200 respondents, 300 were based in the United States. North America.
A global overview report combining data on the threat landscape is available here.
About ESET
For over 30 years, ESET® has developed industry-leading IT security software and services to protect businesses, critical infrastructures and consumers around the world from increasingly sophisticated digital threats. From endpoint and mobile security, to endpoint detection and response, encryption and multi-factor authentication, ESET’s powerful, easy-to-use solutions discreetly protect and monitor 24/7, updating your defenses in real time. to keep our users safe and our business running. without interruption. Evolving threats require an evolving IT security company that enables the safe use of technology. This is underpinned by ESET’s R&D centers around the world, supporting our shared future.For more information, visit www.eset.com or visit LinkedIn, Facebook, and twitter.
Source ESET
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