Huntress Research Survey Pulls Back Curtain on Security Threats to Mid-Sized Businesses
ELLICOTT CITY, Md., March 15, 2023 (GLOBE NEWSWIRE) -- Huntress, the managed security platform for small and mid-market businesses (SMBs), today released the findings of its State of Cybersecurity for Mid-Sized Businesses in 2023 survey, revealing cyber security challenges faced by the mid sized businesses across the United States and Canada that comprise 99% of all businesses.
Aimed to gain insights into organizational structure, resources and cyber security strategies, the results contextualize challenges across core functions including gaps in toolkits, planning, staffing, security awareness training and difficulty to secure cybersecurity insurance. Most notably, Huntress found:
“In some regards, this research tells a virtual ‘Tale of Two Cities’ for mid-size and smaller businesses. Many report solid progress in strengthening their cyber defenses, while others acknowledge they face significant gaps in resources and talent that substantially increases their cyber risk,” commented Kyle Hanslovan, chief executive officer of Huntress. “That’s why we focus on delivering solutions that scale to their specific size and circumstance to close these vulnerability gaps.”
The full report can be found here.
Mid-Sized Businesses Struggle to Implement Security Basics
Beyond lacking necessary security solutions, mid-sized businesses also struggled to implement basic training measures and recruit the necessary staff. In fact, 61% of respondents say they do not have dedicated cybersecurity experts in their organization and only 9% say their workers adhere to security best practices. These gaps create major obstacles when fighting off the cyberattacks in today’s advanced threat landscape as the fewer defenders there are to bolt the door shut, the more paths there are for cybercriminals to get through the defenses. While this challenge permeates throughout businesses of all sizes, mid-sized companies are often strapped for money and resources, making it more difficult to effectively recruit and retain the talent they desperately need.
Poor Security Fundamentals Manifest into Cyber Insurance Difficulties
Founded by former NSA Cyber Operators—and backed by a team of 24/7 threat hunters—our managed security platform defends businesses from persistent footholds, ransomware and other attacks. The company’s solutions include managed endpoint detection and response (EDR), security awareness training, managed antivirus and MacOS security tools.
Huntress has grown to provide its cyber security solutions to more than 3,600 partners serving over 83,000 organizations and 1.8 million endpoints.
Huntress’ mission is to secure the 99% - the small and mid-size businesses that are the backbone of the nation’s economy. Learn more at www.huntress.com and follow us on social @HuntressLabs.