Small businesses unprepared for cybercrime

More than 4 in 10 small and micro businesses have experienced some form of cybercrime, research by the Association of Accounting Technicians (AAT) has found.

The survey of 1,000 business owners with less than 49 employees reveals that 42% have suffered online security issues.

Of all the businesses surveyed:

  • 23% have had business computers infected by viruses
  • 22% have had personal or sensitive information stolen by 'phishers'
  • 12% have been victims of card fraud.

Despite this, many businesses are not adequately protecting themselves against cybercrime:

  • 38% regularly change their passwords
  • 31% don't update their anti-virus software
  • 34% don't use firewall protection
  • 14% don't have any form of cyber protection.

Mark Farrar, chief executive of the AAT, said:

"Keeping online information secure is vital. A security breach could put you out of action and cost you money, which can be fatal for smaller businesses that have very little time and money to spare. Businesses should always protect every aspect of their online profile."