Cybersecurity Remains Considerable Challenge for SMEs Despite Return to Normalcy

With the pandemic now no longer impacting the world quite as severely, many small to medium businesses are returning to standard operating procedures. According to a recent report that was published by Jumpcloud, around 47% SMEs have resumed working from the office, while 33% of the work force is working partly in the office and partly at home whereas 25% are continuing to work remotely full time.

With all of that having been said and now out of the way, it is important to note that cyber security has been a major issue for most SMEs out there. 59% of respondents stated that security was the biggest IT challenge that they faced these past two years. 66% of the people that participated in this survey also stated that if they tried to beef up their security, this might clash with the user experience that their customers are expecting from them.

Last year, 58% of respondents said the same which indicates a growing agreement on this sentiment within the IT security industry. According to 63% of respondents, switching over to passwordless authentication is a big priority for the companies that they are working for. In spite of the fact that this is the case, 53% of IT professionals are not enthusiastic about it due to their assertion that this is just industry jargon that won’t offer a concrete solution to the problem at hand.

When asked what threats they were most concerned about, survey respondents cited 3 main ones with all things having been considered and taken into account. 40% cited network attacks because of the fact that this is the sort of thing that could potentially end up proving to be most damaging. The remaining were split between ransomware and software vulnerability exploits both of which were cited by 30% of respondents apiece.

Only software vulnerability is left over from last year’s top three, and it has fallen from 40% to 30% which indicates that bigger threats have emerged that weren’t all that prominent last year. That reveals the seriousness of the current situation.

Read next: IT leaders believe that passwords are no longer capable of protecting data
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