Seventy Three Percent Of Business Owners Have Not Tested Their Websites For Cyber Security





NEW YORK (Press Release – September 26, 2011) – Newtek Business Services, NASDAQ: NEWT, The Small Business Authority with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners.

Based on a poll of approximately 1,200 respondents, one of the key findings from the September survey was that only 27 percent of small business owners’ have had an outside party test their computer systems to ensure they are hacker proof.  In addition, 39 percent of business owners stated they do not have their data backed up in more than one location.

Barry Sloane, President and CEO of The Small Business Authority commented, “The Small Business Authority market sentiment survey focuses on issues of security and risk reduction for small businesses.  With recent breaches of security at Citi Bank, Sony and The Pentagon, small business owners should be concerned and take precaution to ensure their confidential business information is protected.

Our survey demonstrates that very few business owners have taken a necessary precaution of having a professional data security firm perform a current assessment of vulnerabilities on their commercial website or database applications.  65 percent of business owners surveyed seem unaffected by natural disasters and 61 percent seem to think their data is backed up in multiple locations.  We believe that small to medium sized business owners need to review all aspects of their data security and disaster recovery efforts.”

The full September 2011 results showed the following:

Poll Question Poll Answer Percentage

Have you ever had an outside party test your computer systems and data to ensure they are hacker proof?

YES

27%

NO

73%

Have you ever been denied access to your business because of a snowstorm, hurricane, tornado or other natural disaster?

YES

35%

NO

65%

Is your data and business information backed up in more than one location?

YES

61%

NO

39%

About Newtek Business Services, Inc:

Newtek Business Services, Inc., The Small Business Authority, is a direct distributor of a wide range of business services and financial products to the small- and medium-sized business market under the NewtekTM brand. Since 1999, Newtek has helped small- and medium-sized business owners realize their potential by providing them with the essential tools needed to manage and grow their businesses and to compete effectively in today’s marketplace. Newtek provides its services to over 100,000 business accounts and has positioned the NewtekTM brand as a one-stop-shop provider of such business services. According to the U.S. Small Business Administration, there are over 27.5 million small businesses in the United States, which in total represent 99.7% of all employer firms.

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