At present, most family businesses rely on basic first-line controls, such as software updates (59%), network security (57%), multi-factor authentication (MFA)/passwords (57%), and data backups (48%). However, reliance on advanced capabilities, such as incident response playbooks (40%), cyber maturity assessments (36%), vendor governance (32%) and identity management (31%), are less widespread. Reliance on basic cyber hygiene can help to protect against opportunistic attacks, but more advanced measures are often better at protecting against sophisticated attacks.
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