{"id":5143,"date":"2017-10-03T10:00:49","date_gmt":"2017-10-03T14:00:49","guid":{"rendered":"https:\/\/www.thesslstore.com\/blog\/?p=5143"},"modified":"2019-05-08T12:06:40","modified_gmt":"2019-05-08T16:06:40","slug":"study-66-smbs-shut-hit-data-breach","status":"publish","type":"post","link":"https:\/\/www.thesslstore.com\/blog\/study-66-smbs-shut-hit-data-breach\/","title":{"rendered":"Study: 66% of SMBs would shut down if hit by a Data Breach"},"content":{"rendered":"<h2>A new study from Vipre shows two-thirds of SMBs would suffer catastrophic consequences from a breach.<\/h2>\n<p>VIPRE Security <a href=\"http:\/\/www.businesswire.com\/news\/home\/20171002005176\/en\" rel=\"nofollow\">recently commissioned a survey amongst small and medium-sized businesses<\/a> (SMBs) to determine their susceptibility and risk level in relation to data breaches. The study yielded some interesting results, perhaps the most striking of which was that 66% responded that a data breach would cause them to shut down for at least a day or more, if not put them out of business entirely. <span id=\"newline\"><\/span><\/p>\n<p>This meshes with the results of a study by the National Cyber Security Alliance that stated that 60% of SMBs that experience a breach do go out of business.<\/p>\n<p>To conduct its survey, Vipre polled IT managers from 250 SMBs. The study also found that:<\/p>\n<ul>\n<li>23% of respondents experience a cyber attack on a daily basis<\/li>\n<li>68% of IT Managers are tasked with generating security reports<\/li>\n<li>But, only 41% have access to an online security dashboard<\/li>\n<\/ul>\n<p>The point of VIPRE&#8217;s study was to support a new Cloud security product, but it does shine a light on a very relevant topic: SMBs are definitely more vulnerable to cyber attacks.<\/p>\n<p>SMBs are also a prime target. The reason for this is simple, most SMBs can&#8217;t afford to staff a full security team, much less implement a comprehensive security solution. According to Symantec&#8217;s 2016 Threat Report, a whopping 77% of SMBs reported they had been the target of a cyber attack in the past year.<\/p>\n<p>We specialize in SSL and can help you configure your servers to maximize its protection &#8211; but that only secures certain attack vectors. If you&#8217;re running a small or medium-sized business, you need to invest in additional security measures beyond encrypted connections.<\/p>\n<p>At Hashed Out, we enjoy a certain degree of autonomy from our parent company, The SSL Store&#x2122;. Because of that, me &#8211; nor any of our other writers &#8211; are ever going to try to sell you anything. So, this is just some friendly security advice: invest in comprehensive security. There are a number of reputable vendors out there that can secure everything your SSL certificate doesn&#8217;t cover. It would be foolish not to. Almost akin to putting a padlock on your front door but leaving your windows open.<\/p>\n<p>So, let this serve as a reminder to stay on top of your security implementations. Because even one mistake could spell disaster.<\/p>\n<h2>What we Hashed Out (for Skimmers)<\/h2>\n<p>Here&#8217;s what we covered in today&#8217;s discussion:<\/p>\n<ul>\n<li>According to a VIPRE survey, 66% of SMBs would shut down if hit by a data breach<\/li>\n<li>Symantec&#8217;s 2016 Threat Report says 77% of SMBs have experienced an attack in the past year<\/li>\n<li>You need security beyond just SSL, including firewalls, secure CDNs and endpoint security<\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>A new study from Vipre shows two-thirds of SMBs would suffer catastrophic consequences from a breach. VIPRE Security recently commissioned a survey amongst small and medium-sized businesses (SMBs) to determine&#8230;<\/p>\n","protected":false},"author":6,"featured_media":5144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[16],"tags":[4459,4458],"class_list":["post-5143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hashing-out-cyber-security","tag-data-breaches","tag-smbs","post-with-tags"],"views":10365,"jetpack_featured_media_url":"https:\/\/www.thesslstore.com\/blog\/wp-content\/uploads\/2017\/10\/iStock-125142371.jpg","_links":{"self":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts\/5143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/comments?post=5143"}],"version-history":[{"count":0,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/posts\/5143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/media\/5144"}],"wp:attachment":[{"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/media?parent=5143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/categories?post=5143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thesslstore.com\/blog\/wp-json\/wp\/v2\/tags?post=5143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}