Amidst a sea of alarming cybersecurity statistics, there’s one that perfectly captures today’s reality. It’s from a 2019 Trend Micro survey, which says: “80 percent of all businesses expect to be hacked this year.” Not “perhaps” or even “likely.” But will be hacked.

And perhaps worse, only 39 percent of the 400 executives and board members surveyed (see figure 6) said their company has fully developed and implemented a cyber-defense strategy. The expectation of being hacked shows the vulnerability organizations across the board feel, not just those that have been breached or that may fit a profile of “high risk” businesses (e.g., banks or hospitals). Small and medium-sized businesses are particularly vulnerable because of their relative lack of resources compared to Fortune 500 companies.

 …