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The pandemic has seen more companies adopting flexible working, with 81% of respondents allowing staff to work from home, 44% of respondents identified employee carelessness, and 43% highlighted internet-connected devices as significant security threats, not far behind outdated software at 49%. 'Our research tells us that for many businesses, there is a growing security risk, with remote working and employee carelessness being identified amongst the key security threats to small businesses today.'

While this creates new opportunities for workplace flexibility, productivity and mobility, it also opens up workplace networks to new vulnerabilities,' he says. 'We know that COVID has increased the number of people working from home. 'New Zealand small business, especially mid-market business, have improved their security preparedness in the past three years but what we are seeing are small businesses facing more sophisticated attacks,' says HP New Zealand enterprise sales leader, Mike Jamieson. Companies that experienced a cyberattack faced an average cost of $159,000 per attack. This is despite mid-market business nearly tripling their investment in IT security over the past three years.

The 2021 HP New Zealand IT Security Survey, a three-yearly review of the attitudes, behaviours and preparedness of NZ SMBs towards IT security, found cybersecurity attacks on small business in 2021 occurred twice as often as in 2018, with more than half (54%) of respondents seeing evidence of security breaches in their workplace in the past year. Cybersecurity is a growing issue for New Zealand small business, with attacks doubling in the past three years.

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