Small Businesses Think Cyberattacks Are Biggest Threat, Survey Shows

My latest piece looks at the MetLife & U.S. Chamber of Commerce Small Business Index for Q1 2024 which surveyed respondents about future threats and crisis planning.

Small businesses said cybersecurity attacks are the threat they’re most concerned about—but supply chain disruptions and another pandemic round out the top three perceived threats.

A majority (60%) of small businesses say cybersecurity threats, including phishing, malware, and ransomware, are a top concern. A majority also say supply chain breakdowns (58%) and another pandemic (54%) are top concerns.

Meanwhile, it's the seventh consecutive quarter that over half (52%) of small businesses cite inflation as their top concern outside the realm of disaster response. Small businesses report inflation costs as their top issue regardless of business size, sector, and region...

For more, see the full blog post here.