Over the last several years, small businesses have faced an alarming paradox: while cyberattacks are increasing in frequency and severity, they're spending less money on cybersecurity measures.
This paradox poses a considerable risk to businesses as they become more susceptible to cyberthreats. Explore its causes and potential repercussions.
Security investments tend to be costly. Small businesses on tight budgets may find these costs overwhelming and opt to prioritize other aspects of their business over cybersecurity such as customer acquisition or growth.
At the core of this mindset lies an assumption that cyberattacks won't affect them or that their costs associated with an attack are less ...
