Forbes SMBs Face Contract Losses Due to IT Security Non-Compliance
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- •71% of SMBs in supply chains are non-compliant with IT security requirements.
- •Only 29% of SMBs achieved full compliance, often linked to advanced cybersecurity solutions.
- •54% of non-compliant SMBs had to revise their IT security strategies, incurring additional costs.
A Kaspersky survey reveals that 71% of small and medium-sized businesses (SMBs) in supply chains fail to meet IT security requirements set by partners, leading to significant business repercussions. Only 29% of these organizations achieved full compliance, with advanced cybersecurity solutions correlating with higher compliance rates. The survey indicates that 54% of non-compliant SMBs had to revise their IT security strategies, often requiring additional budget allocations. Furthermore, 42% experienced contract delays, 26% were disqualified from tenders, and 25% lost contracts altogether. The findings highlight the increasing pressure on SMBs to enhance their cybersecurity measures to avoid losing business opportunities.
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