Gleicher: The statistic that 60% of cyberattacked small businesses fail is baseless
Nathaniel Gleicher · a16z Podcast | Changing the Conversation about Cybersecurity · Jan 2, 2019 · at 4:28
Nathaniel Gleicher, former White House cybersecurity official, addresses legislative debates and widespread myths regarding cybersecurity threats to small businesses.
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“There's a statistic that's been going around. It was used in a couple of cybersecurity bills recently. It was used on the Hill. And the statistic is, 60% of small businesses that get targeted with a cyber attack go out of business within six months. And in case you're wondering, this statistic is totally wrong. There's no basis for it whatsoever.”
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