2021 Mobile Security Index – SMB Snapshot

2021 Mobile Security Index – SMB Snapshot

Verizon
Published by: Research Desk Released: Oct 14, 2021

Small and medium businesses (SMBs) may lack the resources and IT budgets of large enterprises, but mobile and cloud-based technologies are leveling the playing field.

But if a mobile security breach happens, SMBs can be crippled by the aftermath. They often lack sufficient in-house expertise to react quickly and mitigate the damage. And they can find it difficult to bounce back from the financial losses. Almost two-thirds (65%) of SMBs that responded to the Mobile Security Index (MSI) survey said that they have more to lose from a security breach than larger enterprises.

In this report, we explore some of the specific challenges facing SMBs and how the increase in working from home has affected their security readiness. Unless otherwise stated, data in this report is based on the responses of SMB participants—those working at companies with fewer than 500 employees—in the latest MSI survey.