CYBERSECURITY IN THE CITY: WHERE SMALL BUSINESSES ARE MOST VULNERABLE TO ATTACK

In May 2018, Coronet released a first-of-its-kind report entitled Cybersecurity in the
City: Ranking America’s Most Insecure Metros with the primary purpose being to
help small and medium-sized businesses understand and quantify various cyber
risk factors. The inaugural report, ranked Las Vegas, Memphis and Charlotte as the
top three most insecure and Norfolk-Portsmouth-Newport News; GreensboroWinston Salem and Richmond, VA as the least vulnerable metros.
Since the publication of that report, cyber threats to small businesses have increased
exponentially, with 43% of all cyber incidents now either directly or indirectly impacting
small businesses, according to Verizon’s 2019 Data Breach Report. In total, the
cybersecurity firm 4iQ projected that authentic and new breaches of small businesses
increased by an astounding 425% in 2018 from the previous year. This reality is
devastating for America’s 30.2 million small businesses, 83% of which lack the funds to
deal with the aftermath of a cyberattack, according to InsuranceBee.
In this follow up report entitled Cybersecurity in the City: Where Small Businesses
are Most Vulnerable to Cyberattack, we again rank America’s 50 largest cities from
most cyber insecure to least vulnerable.
The focus of this report, however, is to expose how network, device, cloud apps and
email threats and vulnerabilities, when combined, are impacting small and mid-sized
businesses within specific geographic locations.

https://coro.net/wp-content/uploads/2019/12/Coronet_Americas_Most_Insecure_Cities.pdf?utm_source=media&utm_medium=pitch&utm_campaign=City_Data_Report