Security News > 2020 > June > The smaller the business, the smaller the focus on cybersecurity

The smaller the business, the smaller the focus on cybersecurity, according to a survey of 400 small business owners, conducted by the Cyber Readiness Institute.

A remote workforce during Covid-19 increased the cybersecurity concerns of just 31% of small business owners with fewer than 10 employees, while 41% of those at companies with more than 10 employees were more apprehensive of possible cyber attacks.

Only 45% of small business owners with fewer than 10 employees have increased time, money or human capital investments as it relates to cybersecurity.

62% of small business owners support tax incentives or federal grants for cybersecurity investments.

25% of small business owners anticipate hiring new cybersecurity staff or consultants over the next six months.

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