SMBs divided over the benefits of European cybersecurity legislation
Dutch SMBs appear to be less convinced about the benefits of European cybersecurity legislation. Whereas in other European countries, 75 percent of SMBs believe the legislation gives them a competitive advantage, in the Netherlands, only half are convinced. At the same time, these same SMBs say it would be worthwhile to invest in compliance with the legislation.
Three-quarters of SMBs say they are very satisfied with European cybersecurity legislation. The rules are even considered a competitive advantage over players who do not have security obligations imposed on them. So, the inconveniences of extra work and higher costs appear to be effortless for SMEs.
Dutch SMEs think differently
However, Anouck Teiller, Chief Strategy Officer at HarfangLab, says the number in the Netherlands is less positive. Teiller elaborates on the Dutch mentality among SMEs. Satisfaction in the Netherlands appears to be lower compared to the European average. “Despite legislation putting them under extra pressure, 50 percent of Dutch companies consider EU cybersecurity and data protection legislation a competitive advantage.”
Contrariwise, Dutch SMBs are the most convinced that compliance efforts are worthwhile (82 percent). To achieve this, they appear to prefer to engage a European cybersecurity partner. 74 percent believe a European partner can better meet their needs.
Legislation does matter
In addition to the survey, cybersecurity player HarfangLab points out why European cybersecurity legislation matters. “SMBs represent the majority of Europe’s economic landscape, and improving their cyber resilience is critical. These companies face the same threats as the big players but often have far fewer resources to defend themselves,” Teiller said.
The figures come from a study commissioned by HarfangLab. This company is itself in the cybersecurity industry in Europe, headquartered in France, Paris. 750 SMBs from the Netherlands (50), Belgium (100), France and Germany participated in the survey.
Also read: Don’t wait for NIS2 legislation, organizations can do a lot now
