When it comes to data protection,   2019 was the most expensive year on report . While this reality has afflicted companies of every size, small plus midsized businesses (SMBs) are in a really precarious position.

A recent report from Hiscox   found that over fifty percent of businesses suffered an information breach in the past year, a significant sum for small businesses as  Accenture found that will   43% of on the internet attacks target these companies. At the same time, just 14% are prepared to defend themselves.

However, timing couldn’ t be even worse. Consumers, fed up by years of constant data breaches, are fleeing businesses that can’ t secure their own data. It’ s estimated that  81% of shoppers would consider abandoning an online system   after a data infringement.

It was once estimated that  60% of SMBs went out of business within 6 months of a data breach . Nevertheless , small businesses today aren’ t helpless to defend themselves. In the year forward, making data security a top concern is a matter of survival.

Listed below are five steps that SMBs may take to make this happen.

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