Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

Small Businesses Falling Short In IT, Security

New study says SMBs can't keep up with IT in tough economic times

Times are hard for small businesses -- but they might be even harder if you're responsible for IT and security in a small business, according to a new study published yesterday.

According to the IT Effectiveness Index, a midyear report issued this week, small and midsize businesses (SMBs) are falling further behind in IT as the economy worsens.

Nearly one in four SMBs received a "failing grade" in IT effectiveness, the study says. This failure can be seen in a lack of security, a high level of downtime, and the absence of disaster recovery programs, the ITEI says. About 37 percent of SMBs received a "C" grade, which indicates they are just barely getting by.

Only 30 percent have a fully implemented security program, according to the study. Just 42 percent said they're fully compliant with relevant governmental regulations and policies, such as HIPAA and PCI. Only 26 percent have a fully implemented disaster recovery/continuity plan.

Many SMBs are falling behind because of budget issues, which force them to make do with fewer staff, cancel and/or put IT projects on hold, and slash capital expenditures in their IT budgets, the report says. About one-third of respondents said they are too short-staffed to effectively manage their IT programs.

The report, which is sponsored in part by IT service providers, suggests that SMBs should outsource their IT and security capabilities and focus less on do-it-yourself strategies that require capital expenditure.

Have a comment on this story? Please click "Discuss" below. If you'd like to contact Dark Reading's editors directly, send us a message.

Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
HackerOne Drops Mobile Voting App Vendor Voatz
Dark Reading Staff 3/30/2020
Limited-Time Free Offers to Secure the Enterprise Amid COVID-19
Curtis Franklin Jr., Senior Editor at Dark Reading,  3/31/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
State of Cybersecurity Incident Response
State of Cybersecurity Incident Response
Data breaches and regulations have forced organizations to pay closer attention to the security incident response function. However, security leaders may be overestimating their ability to detect and respond to security incidents. Read this report to find out more.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-11529
PUBLISHED: 2020-04-04
Common/Grav.php in Grav before 1.6.23 has an Open Redirect.
CVE-2020-11527
PUBLISHED: 2020-04-04
In Zoho ManageEngine OpManager before 12.4.181, an unauthenticated remote attacker can send a specially crafted URI to read arbitrary files.
CVE-2020-11528
PUBLISHED: 2020-04-04
bit2spr 1992-06-07 has a stack-based buffer overflow (129-byte write) in conv_bitmap in bit2spr.c via a long line in a bitmap file.
CVE-2020-11518
PUBLISHED: 2020-04-04
Zoho ManageEngine ADSelfService Plus before 5815 allows unauthenticated remote code execution.
CVE-2020-5347
PUBLISHED: 2020-04-04
Dell EMC Isilon OneFS versions 8.2.2 and earlier contain a denial of service vulnerability. SmartConnect had an error condition that may be triggered to loop, using CPU and potentially preventing other SmartConnect DNS responses.