Cybersecurity: First World Problems or Existential Threat

Many smaller companies — especially startups — view cybersecurity as a first world problem that pales in comparison to their immediate concerns for staying business. The reality is, it is a much bigger threat.

Based upon recent reports, cybersecurity is an existential threat to small to midsize companies with roughly 60% of them going out of business within 6 months after a cyber attack.

What do you think, first world problem or existential threat?

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