Cybersecurity is an Existential Threat for Small Businesses — But It Doesn’t Have to Be

Cybersecurity used to be an IT problem. Now, it’s a business survival issue — especially for small businesses.

According to VikingCloud’s 2025 SMB Threat Landscape Report, 1 in 3 small businesses experienced a cyberattack in the past year. And 71% of business owners don’t believe their current defenses are strong enough to withstand today’s threats.

Even more concerning:

1. Nearly 20% would go out of business after a single cyberattack

2. 32% say less than a day of downtime would put them at serious risk

3. And over 70% of owners are either self-managing security or relying on untrained friends or family

The Disconnect: Awareness Without Action

It’s not that small business owners don’t care.In fact, 80% of SMBs admit they have known cybersecurity vulnerabilities. And 60% acknowledge they’re prime targets for cybercriminals.

But between:

• Wearing too many hats

• Tight budgets

• Outdated technology

• And not knowing where to start...

…most SMBs are under-protected and overwhelmed.

The Stakes Are Higher Than Ever

Cyberattacks are no longer just about stolen passwords or downtime.

The report shows that SMBs are facing:

• AI-driven phishing attacks

• Deepfake scams impersonating trusted contacts

• Point-of-sale and Wi-Fi disruptions

• Reputation damage and lost customers after a breach

And while the cost of prevention is measurable, the cost of inaction can be devastating:

• Lost revenue

• Lawsuits or fines

• Permanent closure

What You Can Do Right Now — 3 Quick Wins

Here are three low-cost, high-impact steps you can take this week:

1. Require Multi-Factor Authentication (MFA)

Protect logins with more than just a password. It’s simple to set up and blocks most basic attacks.

2. Backup your data in two places

Use a cloud-based backup service and a physical drive. Test them regularly.

3. Train your team on at least phishing awareness

Even a 10-minute training can help prevent someone from clicking the wrong link.

Our Final Thought

Cybersecurity doesn’t need to be overwhelming — and you don’t have to solve it all at once.

But if you run a small business today, cybersecurity isn’t optional. It’s a competitive advantage, a resilience strategy, and a way to earn trust with every client you serve. Stronger businesses start with safer employees and safer technology.

At CYBERRISKED, we help businesses take clear, manageable steps to stay protected — and to stay in business.  Get in Touch with Us → or Explore Our Services →

Learn more:

• VikingCloud's 2025 SMB Threat Landscape Report: Small- and Medium-Sized Businesses, Big Cybersecurity Risks