More than twice as many small businesses are investing in Internet of Things (IoT) technologies than in cybersecurity, according to recent research. And while this may raise some red flags, it is possible that small businesses are spending less on cybersecurity for justifiable reasons.
A poll conducted by Survey Monkey for business network CNBC says 44% of small businesses are planning to invest in IoT while only 20% plan to invest in cybersecurity. Naturally, this raises the very real concern that companies may purchase technology without properly securing it. Doing so, of course, would be a mistake.
As a whole, small businesses are thought to be less prepared to fend off cyber threats than larger companies. This is the conventional wisdom. However, (ISC)2 research has countered this long-held belief, showing small businesses and large enterprises approach cybersecurity in very similar ways.
While the toolsets used by large and small companies may differ, both of them largely follow the same data protection best practices, which include automatic scans with endpoint solutions, firewalls to block access to known malicious IP addresses, and email filters to prevent phishing, according to the Securing the Partner Ecosystem study.
Cybersecurity First
If small businesses already have made the necessary foundational investments in cybersecurity, as the (ISC)2 study indicates, it stands to reason they may not need ..
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