Small and mid-sized businesses account for 90% of companies worldwide, and they employ over 50% of the global population. These businesses play a critical role in the economy, but they can also be prime targets for hackers and cybercriminals. ALM Small Business Adviser Logo. Courtesy photo.Data shows that small to medium-sized businesses were the victims of 71% of ransomware attacks.

These attacks may have occurred because many smaller companies typically spend less on cybersecurity measures than larger corporations, making them easy subjects for hackers.