The survey covered 3,100 IT managers in 12 countries, and was commissioned by Sophos.
The report stated: “Despite good intentions and behaviors, threats are getting through. This may be through weaknesses in cybersecurity, or because there are security holes that haven’t been plugged.”
“While an organisation might have been running up-to-date endpoint protection, this doesn’t mean all other devices were secure.”
The biggest area of concern for survey respondents was loss of data, with other concerns being cost implications and damage to the business.
It was also discovered that 26% of IT team’s time is spent on cyber-security, and 86% of respondents say they need greater cybersecurity skills in their business.
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60% of those small businesses will fail within their first five years.
The number of reported breaches is up 54% this year compared to the same period in 2018.