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Budgets, staffing hamper cybersecurity for mid-sized businesses



Mid-sized companies with fewer than 2,000 employees have significant cybersecurity vulnerabilities, with many either unprepared, understaffed and/or understaffed, a survey published Wednesday said.

Respondents identified gaps in budgeting, staffing and skill sets as barriers to implementing robust security programs, according to the survey of 256 private companies in the US and Canada.

The survey, conducted in January, was sponsored by Ellicott City, Maryland-based Huntress, a security platform, and conducted by Nashua, New Hampshire-based Virtual Intelligence Briefing.

Among other survey findings, 61% of respondents said they do not have dedicated cybersecurity experts in their organization. A total of 49% said they will budget more for cybersecurity in 2023, 43% will remain at their current level and 7% plan to budget less in the coming year.

The report said 47% of organizations surveyed said they do not have an incident response plan, and more than 40% do not conduct regular formal security training.


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