With investing in technology has remained popular among the small size businesses but more often they invest more on getting technological resources rather than investing in things like cyber security claims the recent reports. As per the recent trends, these businesses are investing more for things like the Internet of Things rather than putting their money in getting security software and apps to safeguard their data. As per reports only 20 percent of their investment in technology goes in the area of security, while rest for getting tech resources. These remain mutually exclusive claims of experts like David Kramer who remains the CEO or President of Domain Consulting Group and Domain Technology Group in Reading, Pennsylvania.
He said people not investing in things like cyber security, they remain hacked or infiltrated. Whether you remain in the category of small business owners or want to procure the IoT devices and not the cyber security resources. The experts also feel that investment in cyber security helps a lot in the growth of the business. Whether you talk about dealing with fixing the issues of HVAC systems or selling out the knives door-to-door, all would help in making your business strategy simply the best. Essentially, more often 100% of the time cyber security is seen coming along with a fancy kind of strategy that is required for the small business.
However, not all the small size businesses remain the key strategy in place, the Verizon 2019 Data Breach Investigation Report claims that more than 43 percent of the cyber attacks remain the small business with 52 percent of the breaches that tend to come along with hacking. One of the key reasons why small business owners remain vulnerable is due to the fact they do not understand why anyone would even target them, which is given that their firms seem to lack the deep pockets found in the big companies. Some of the key risks that come along include that they tend to happen to be and the experts feel that they do not want to attack anyone claims the IT consultant at Domain Tech Group. This has made the hackers feel happy and pleased as they tend to get more opportunities to target the small-time business who are more focusing on getting technological resources rather than getting technology security. The experts feel that the small time business owners fail to understand the concept of the low-hanging fruit.