The process of developing a business involves finding new opportunities, sustaining and establishing relationships with clients, creating strategic partnerships, and formulating strategies to improve profits. It impacts virtually every aspect of a business from human resources to marketing. This field is difficult because it requires constant vigilance to avoid cyberattacks that could cause disruption to systems or even destroy them. cause data loss to businesses and organizations.

In the past decade cyberattacks have become more sophisticated as hackers attack more digital assets. The scale of attacks grew as bad actors aimed to earn money and make money. This is why cybersecurity has been pushed to the top of the list of priorities for many companies. The threat of losing customer loyalty, lawsuits, and fines from regulatory authorities has made the use of effective security technologies essential to the success of any business.

The cost of implementing cybersecurity technologies can be prohibitive to SMEs who are operating under strict financial constraints. This study aims at identifying the internal and external factors that influence SMEs using cybersecurity technologies. To identify relevant papers A systematic literature review was conducted using Google Scholar, databases such as EBSCO, ProQuest and EBSCO and databases such as EBSCO. To find relevant studies, key words like cybersecurity and data breaches were searched for.

This study suggests that the perceived value and technological characteristics are the two most important factors that influence SMEs’ adoption of cybersecurity technologies. Furthermore, IT modularity and observability are positively correlated with the adoption of cybersecurity technology in SMEs.

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