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Cyber insurance can offset the risks of potential breaches

19
Jan
2023
Cyber insurance can offset the risks of potential breaches

image credit: unsplash

SMBs are aware of increasing cyber threats and allocating resources and investing in areas such as network and cloud security, according to Datto.

Key takeaways from this survey include:

  • About a fifth of IT budget is dedicated to security and many are seeing increases in budgets. 47% of SMBs plan to invest in network security in the next year.
  • Over 50% of SMBs have implemented AV and email/spam protection, with network and cloud security as the top areas planned for investment in the next year.

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