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18 Jan 2023
Datto, a Kaseya company, and a renowned global provider of security and cloud-based software solutions purpose-built for managed service providers (MSPs), has released its 2022 State of Ransomware report, which surveyed nearly 3,000 IT professionals in small to medium-sized businesses across eight countries (the United Kingdom (UK), United States of America (USA), Canada, Germany, the Netherlands, Australia, New Zealand, and Singapore).
The report shows that SMBs are aware of increasing cyber threats and allocating resources and investing in areas such as network and cloud security.
Key takeaways from this year’s survey include:
We’re seeing many businesses take more steps to protect themselves against threat actors”
“We’re seeing many businesses take more steps to protect themselves against threat actors,” said Chris McKie, the Vice President (VP) of Product Marketing for Security and Networking Solutions, adding “Whether they’re investing in new security products or utilising multiple security frameworks, most SMBs realise the very real threat that ransomware poses for their business, and they’re doing what they can to keep themselves safe.”
Only 3 in 10 of SMBs have a best-in-class recovery plan in place, with 52% of them claiming they have a standard recovery plan in place. MSPs can help their clients improve their disaster recovery plan by building out their security and backup offerings or requiring clients to have cyber insurance.
Cyber insurance can offset the risks of potential breaches, something which became increasingly more important when many SMBs accelerated their digital transformation efforts during the COVID-19 pandemic.
Additional insightful findings:
For the past seven years, Datto has surveyed IT professionals worldwide to gain insight into industry trends, so that knowledge can then be shared with the IT community, in order to better understand and service customers.
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