Security: Accelerating Awareness for Small Businesses
As Indian entrepreneurs continue to adopt digital solutions, cybersecurity has also emerged as an area of increased awareness. The survey found that Indian entrepreneurs recognize the importance of having online security protections in place with 91% of small business owners reporting they feel they are appropriately prepared to face a cyberattack, most commonly taking preventative measures such as installing an antivirus software (74%) and regularly backing up data (62%). Additionally, 29% of those who have suffered a cyberattack believe it had a significant impact on their small business.
However, there are still further steps which small business owners can take to help decrease their vulnerability to a cyberattack – with only 35% implementing encryption software (SSLs) and 32% using firewalls. These additional protections can help to further protect a business’ digital assets.
