SMEs at risk of cyber attack according to the Cisco annual security report

Aging infrastructure, a growing industrialisation of hacking, and smaller businesses’ ability to manage their security systems are all contributing to an increasingly fraught cyber security environment, a major report has found.

Companies are less confident in their ability to deal with online security threats yet are increasingly cognisant of their importance of doing so, according to the Cisco annual security report.

Business leaders’ acceptance their investors and regulators expect companies provide greater transparency in relation to the threats they face is counterbalanced by their dwindling confidence in this area.