It’s an old battle; one that many have almost forgotten as the enemy lies in wait, counting on inattentiveness to bolster their evil plans.
Sounds like an intergalactic war from Star Wars, huh? With the release of Star Wars: The Rise of Skywalker this December, our ongoing fight against cybercrime comes to mind. Many businesses seem to have become complacent in the fight against cybercrime as 48% of SMBs have budgeted $5,000 or less on security for the upcoming year. This is 54% less than what was spent by small- and medium-sized businesses on cybersecurity last year.
You might think this trend indicates a decrease in hacking, phishing and ransomware attacks on SMBs. Nothing is farther from the truth. Symantec reports employees of small organizations receive spam in 55% of their emails, considerably fewer than emails received by employees of larger organizations.