Kate Bullivant

speaker

258 appearances 13 recordings 1 series first heard Mar 2025 last heard 9 Oct

Kate Bullivant’s voice in public audio — every appearance, attributed to the second.

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WSJ What’s News · How Small Businesses Can Fight a Growing Wave of Cyber Crime · 10 Aug 2025 podcast

At the same time, the World Economic Forum reports that a split is emerging regarding the resilience of small organisations to cyberhacks compared with how their larger counterparts weathered the storm.

To explore what's going on here and why small businesses are an appealing target for cyberhackers, I'm joined by Journal cybersecurity reporter James Rundle.

as well as Siong Jun, who's the lead cyber analyst at a security intelligence provider, Dragonfly, which is part of Wall Street Journal owner Dow Jones.

James, I want to start by asking you, how much of a critical issue has cybercrime become for small and medium businesses?

And Siyong, what are you seeing?

And James, as Siong pointed out, you'd think that hackers would have bigger fish to fry here.

Why are hackers targeting small businesses in the first place?

Okay, so small and medium-sized businesses are clearly more vulnerable.

James, is that across the board or are some sectors even more susceptible to a hack?

So once a small or medium enterprise has been hacked, why are the consequences more dire for them?

Coming up, we step back for a look at the wider consequences of when small businesses fall victim to cyber attacks and what they can do to defend themselves.

That's after the break.

As we've been discussing, cybercrime has moved from a background threat to a constant risk for small and medium-sized businesses.

I want to zoom out for a moment.

James, we've already mentioned that small businesses are the backbone of the US economy.

They account for over 40% of US GDP.

At what point does this become an issue for the wider US economy?

And do we see politicians doing anything about it?

If we're looking at what companies can do to protect themselves, it's striking that a report from the World Economic Forum found that more than a third of small institutions consider their cyber resilience inadequate.

What can these institutions do to be more prepared?

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