Data breaches at large corporations are often what we see in the news. However, that does not mean that small businesses do not face the same threats.
As a matter of fact, 44% of small businesses in America were impacted by a data breach in 2017. Small businesses operate on tight margins and have far less cash flow than large corporations, meaning that recovering from a data breach could be devastating for these small organizations.
Even though small businesses are a such a high risk for a data breach, only 33% of small businesses reported purchasing security software according to the 2017 Bank of America Merchant Services Survey.Read More