Many SME IT teams are struggling to defend against cyber-threats due to resource and staffing limitations.
Description
Around half of SME IT teams feel they lack the resources and staffing to defend against cyber-threats [2]. Nearly half have experienced layoffs in the past six months [2], with a third expecting more in the next six months. Any cuts to security budgets are viewed as increasing organizational risk [2]. Almost half of SMEs have been victims of cyber-attacks in the first half of 2024 [2]. Security is considered the biggest IT challenge by 60% of respondents [1] [2], with half of SMEs more concerned about security now than six months ago [1].
Conclusion
The lack of resources and staffing in SME IT teams poses a significant challenge in defending against cyber-threats. Layoffs and budget cuts further exacerbate the risk of cyber-attacks. It is crucial for SMEs to prioritize cybersecurity and invest in adequate resources to mitigate these threats in the future.
References
[1] https://www.digit.fyi/half-of-smes-struggle-to-keep-up-with-security-threats/
[2] https://www.infosecurity-magazine.com/news/smes-unprepared-cyber-threats/