Gene Marks

According to a recent report from financial services provider Mastercard, 46% of the small and medium-sized businesses they surveyed worldwide reported experiencing at least one cyberattack and nearly one in five of those attacked had to close or declare bankruptcy afterward.

Although the report found that 86% have conducted cybersecurity risk assessments and set up prevention plans, only 23% are very satisfied with their strategies, and just 23% are confident in their ability to detect real threats

Cyber threats come in all forms, including phishing, malware, viruses and social engineering. And their impact is significant. An incursion can potentially shut down a business for weeks — or even permanently. Or it could open up potential liabilities if sensitive data is lost o

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