SMEs more afraid of cybercrime than Brexit

SMEs are more worried about the threat of cyber crime than they are about Brexit, a new survey from Barclaycard has revealed. In a poll of 500 SMEs, 44% said they fear being a victim of a cyber crime or data breach, whereas 34% expressed their concern over the affect Brexit will have on their business.

Britain’s SMEs are shifting the billions spent each year on hiring traditional experts, such as legal and procurement consultants, to leverage the skills required to survive in an increasingly digital world, including those for cybersecurity and new payments technology.

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