A cybersecurity survey from Boston-based EiQ revealed a significant drop in business respondents’ confidence in the security technologies they have deployed to protect their organizations from data breaches and asset theft.

The survey from EiQ Networks, which specializes in hybrid security as a service, focused on small to medium-sized enterprises cybersecurity technology investment, current ability to thwart attacks, and security priorities of. It found 86% have underfunded security initiatives, and 56% said their organizations are unprepared to identify and respond to cyberattacks

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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