Cybersecurity continues to be a trending topic for SMBs – and with good reason.

The SBA estimates nearly half of small businesses will be the victim of a cyberattack. This could cost them an average of $21,000, and that’s not counting lost consumer trust.

Many SMBs don’t realize that they’re sitting on a treasure trove of data that cybercriminals want; that includes everything from intellectual property, employee background information and customer credit data.

New technology, notably the cloud, has made it easier to protect your business. In the video below, Matthew Littleton, Director Solution Specialist, Cybersecurity, Microsoft, joins a panel of cybersecurity experts and shares the one thing every small business should do immediately to mitigate cybersecurity threats.