Small businesses make up around 99% of companies trading in the U.S. and abroad.  These companies range in size and complexity from 1-person businesses up to those employing 500.  These companies design, manufacture, and maintain the products and services that society depends on, using cyberspace as a critical tool to conduct business.  Small Business America is a sector upon which the Federal Government and big business rely.  They create and deliver products and services that make their way through complex supply chains into the US economy.  Small Business employs nearly 50% of the US labour force, making significant contributions to new employment, tax income, innovation, and US GDP, which the US economy is dependent on.

For small businesses, cyber-risk management is a significant challenge.  It is a complex, expensive, and resource-intensive risk to manage, and a risk most small businesses cannot afford. This creates a significant issue for the Federal Government and larger corporations, which are dependent upon the products and services which small businesses provide.

Governments across the US and EU must address the Small Business, or 99% problem cyber problem.  Unless they can address cybersecurity risk management for small businesses, they will find it difficult to address national security, corporate security and security of society.