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WATERLOO, ON, Nov. 7, 2022 /PRNewswire/ — OpenText™ (NASDAQ: OTEX),
(TSX: OTEX), at the moment launched outcomes of the OpenText Safety Options
2022 World Small-Medium Enterprise (SMB) Ransomware Survey. Findings present
rising concern about ransomware assaults, the affect of geopolitical
tensions, and rising inflation charges. Eighty-eight p.c of respondents
famous they’re involved or extraordinarily involved about an assault
impacting their enterprise.
“SMBs are a candy spot for hackers to use as a result of they typically lack
cybersecurity assets, each expertise and safety experience,” stated Prentiss Donohue,
Government Vice President, OpenText Safety Options. “In the present day’s complicated
risk panorama presents an enormous threat to SMBs that do not have
enough cyber resiliency preparation to cease the unfold and get better
rapidly from an assault. With adversaries changing into more and more
refined and relentless, a multi-layered safety technique isn’t any
longer a pleasant to have, it’s a necessity.”
Highlight findings:
SMBs worry tightening safety budgets amid rising concern of elevated ransomware dangers attributable to heightened geopolitical tensions.
Greater than half (57%) of SMBs are apprehensive about their cybersecurity funds shrinking amid rising inflation charges.
Fifty-two p.c of respondents really feel extra liable to struggling a ransomware assault due to heightened geopolitical tensions.
Eighty-four p.c are involved a couple of ransomware assault impacting their enterprise.
There is a regarding lack of understanding amongst SMBs in the case of
figuring out in the event that they’ve suffered a ransomware assault. In the meantime, budgets to
shield in opposition to these dangers are low.
Practically half (46%) of SMBs have skilled a ransomware assault, but
67% nonetheless do not suppose or aren’t certain they’re a ransomware goal.
The bulk (60%) of respondents are usually not assured or solely considerably assured that they will fend off a ransomware assault.
Regardless of many having skilled an assault earlier than, safety budgets are minimal to guard in opposition to ransomware and different threats:
60% spend lower than $50,000 per yr.
50% spend lower than $20,000 per yr.
Solely 10% spend greater than $50,000 per yr.
Managed service suppliers (MSPs) are an interesting safety possibility for SMBs to offset useful resource constraints.
Extra SMBs outsource their safety to an IT supplier or MSP than not, with 58% utilizing exterior safety administration help.
Concurrently, 65% of SMBs that do not at the moment use a MSP would take into account doing so sooner or later.
Survey Assets Now Obtainable:
To be taught extra concerning the findings of the OpenText Safety Options 2022 World SMB Ransomware Survey, view the infographic (PDF) or learn the weblog.
Survey Methodology
OpenText Safety Options polled 1,332 safety and IT
professionals from small and medium-sized companies (SMBs), as much as 1,000
workers, in the US, the UK, and Australia from September 24 to October 10, 2022.
Respondents represented a spread of roles from safety and technical
workers to the C-Suite, and throughout a number of industries together with
expertise, retail, schooling, manufacturing, healthcare and extra.
About OpenText Safety Options
As assault surfaces broaden, OpenText Safety Options assist
organizations of each measurement obtain cyber resilience with Webroot
Safety, Carbonite Knowledge Administration, BrightCloud® Risk Intelligence,
and EnCase Digital Forensics and Risk Response. With a united entrance of
finest practices paired with layered options, we stop, detect, and
restore small, mid-sized and enterprise enterprise operations within the occasion
of a cybersecurity assault.
About OpenTextOpenText, The Data
Firm™, permits organizations to achieve perception by way of market main
info administration options, powered by OpenText Cloud Editions.
For extra details about OpenText (NASDAQ: OTEX, TSX: OTEX) go to opentext.com.Join with us:OpenText CEO Mark Barrenechea’s blogTwitter | LinkedInCertain
statements on this press launch could comprise phrases thought of
forward-looking statements or info beneath relevant securities
legal guidelines. These statements are primarily based on OpenText’s present expectations,
estimates, forecasts and projections concerning the working surroundings,
economies and markets during which the corporate operates. These statements
are topic to necessary assumptions, dangers and uncertainties which are
tough to foretell, and the precise consequence could also be materially
totally different. OpenText’s assumptions, though thought of affordable by the
firm on the date of this press launch, could show to be inaccurate
and consequently its precise outcomes might differ materially from the
expectations set out herein. For extra info with respect to
dangers and different components which might happen, see OpenText’s Annual Report
on Type 10-Okay, Quarterly Stories on Type 10-Q and different securities
filings with the SEC and different securities regulators. Until in any other case
required by relevant securities legal guidelines, OpenText disclaims any intention
or obligations to replace or revise any forward-looking statements,
whether or not on account of new info, future occasions or in any other case.Copyright
© 2022 OpenText. All Rights Reserved. Emblems owned by OpenText. One
or extra patents could cowl this product(s). For extra info, please
go to https://www.opentext.com/patents.
SOURCE: Open Textual content Company
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