The small business and Sample Clauses

The small business and the cyber security landscape Small- and medium sized enterprises (SMEs, or SMBs – small- and medium-sized businesses) are the cornerstone of the European economy. They represent 99% of all businesses in the EU. In the past five years, they have created around 85% of new jobs and provided two-thirds of the total private sector employment in the EU7. They have a key role for the Digital Single Market strategy fuelling a fast evolving economy. Small business are seen as facilitators as they enable all types of businesses to go digital and operate across borders more easily and cost effectively. The table below shows the typical structure of SMEs in Europe. Estimated number of SMEs in the European Union 23 million. 99 out of every 100 European businesses are SMBs. Clearly, this figure includes many different types of companies (e.g. local shops and crafts). As an example, the UK has an estimated 4.5 million SMEs and 2.4 million tech firms. However, with an increasing number expected to become digital businesses, many will need to ensure they are safe on line.8 Typical company size Roughly 93% of SMEs are micro, that is they employ less than 10 people. 6% of the total number of European SMEs are Medium, employing between 11 and 49 people. 1% of the SMEs are medium employing between 50 and 249 people.9 Business priorities Focusing on running their business and acquiring new customers rather than on investing in delivering new services. They also lack the financial and human resources of large companies. Level of IT expertise Fewer than 20% of SMEs in Europe have an IT manager. Jobs & Growth SMEs employ 2 in every 3 employees and on average produce 58 cents/euro. Table 2. WISER Analysis of European Statistics on Small Firms Lacking the security budgets of large enterprises, SMEs are perceived as ‘easy targets’, highlighting a growing demand from SMEs especially for ‘light-weight’ services. As reference, research provided by the UK Government Security Breaches Survey10 found that nearly three-quarters, 74%, of small organisations reported a security breach in the last year. Small businesses have frequently been drawn into the spotlight as subject to high potential losses due to cybersecurity risks. A quantification of the damages from security breaches suffered by SMEs in the UK indicates that the damage can be well above €100,000. Despite this, over 85% of SMEs “do not have any plans to increase their budgets for security implementation, and less than 13% are wor...
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Related to The small business and

  • Small Business This chapter shall not be applied to any contractor that meets all of the following:

  • UTILIZATION OF SMALL BUSINESS CONCERNS Seller agrees to actively seek out and provide the maximum practicable opportunities for small businesses, small disadvantaged businesses, women-owned small businesses, minority business enterprises, historically black colleges and universities and minority institutions, Historically Underutilized Business Zone small business concerns and US Veteran and Service-Disabled Veteran Owned small business concerns to participate in the subcontracts Seller awards to the fullest extent consistent with the efficient performance of this Contract.

  • Indiana Veteran Owned Small Business Enterprise Compliance Award of this Contract was based, in part, on the Indiana Veteran Owned Small Business Enterprise (“IVOSB”) participation plan, as detailed in the IVOSB Subcontractor Commitment Form, commonly referred to as “Attachment A-1” in the procurement documentation and incorporated by reference herein. Therefore, any changes to this information during the Contract term must be approved by IDOA’s IVOSB Division (“IVOSB Division”) and may require an amendment. It is the State’s expectation that the Contractor will meet the subcontractor commitments during the Contract term. The following certified IVOSB subcontractor(s) will be participating in this Contract: [Add additional IVOSBs using the same format.] IVOSB COMPANY NAME PHONE EMAIL OF CONTACT PERSON PERCENT Briefly describe the IVOSB service(s)/product(s) to be provided under this Contract and include the estimated date(s) for utilization during the Contract term: A copy of each subcontractor agreement must be submitted to the IVOSB Division within thirty (30) days of the effective date of this Contract. The subcontractor agreements may be uploaded into Pay Audit (Indiana’s subcontractor payment auditing system), emailed to XxxxxxxXxxxxxxxXxxxxxxxxx@xxxx.XX.xxx, or mailed to IDOA, 000 X. Xxxxxxxxxx Street, Room W-478, Indianapolis, IN 46204. Failure to provide a copy of any subcontractor agreement may be deemed a violation of the rules governing IVOSB procurement and may result in sanctions allowable under 25 IAC 9-5-2. Requests for changes must be submitted to XxxxxxxXxxxxxxxXxxxxxxxxx@xxxx.XX.xxx for review and approval before changing the participation plan submitted in connection with this Contract. The Contractor shall report payments made to certified IVOSB subcontractors under this Contract on a monthly basis using Pay Audit. The Contractor shall notify subcontractors that they must confirm payments received from the Contractor in Pay Audit. The Pay Audit system can be accessed on the IDOA webpage at: xxx.xx.xxx/xxxx/xxxx/xxxxxxxx.xxx. The Contractor may also be required to report IVOSB certified subcontractor payments directly to the IVOSB Division, as reasonably requested and in the format required by the IVOSB Division. The Contractor’s failure to comply with the provisions in this clause may be considered a material breach of the Contract.

  • Family Educational Rights and Privacy Act The Charter School is subject to all provisions of the Federal Family Educational Rights and Privacy Act, 20 U.S.C. § 1232g. In the event the Charter School closes, it shall transmit all official student records in the manner prescribed by the State Board.

  • Certification Regarding Business with Certain Countries and Organizations Pursuant to Subchapter F, Chapter 2252, Texas Government Code, PROVIDER certifies it is not engaged in business with Iran, Sudan, or a foreign terrorist organization. PROVIDER acknowledges this Purchase Order may be terminated if this certification is or becomes inaccurate.

  • HEALTH, SAFETY AND ENVIRONMENT 41.1 In the performance of this Contract, Contractor and Operator shall conduct Petroleum Operations with due regard to health, safety and the protection of the environment (“HSE”) and the conservation of natural resources, and shall in particular:

  • COMPLIANCE WITH HEALTH, SAFETY, AND ENVIRONMENTAL REGULATIONS The Contractor, it’s Subcontractors, and their respective employees, shall comply fully with all applicable federal, state, and local health, safety, and environmental laws, ordinances, rules and regulations in the performance of the services, including but not limited to those promulgated by the City and by the Occupational Safety and Health Administration (OSHA). In case of conflict, the most stringent safety requirement shall govern. The Contractor shall indemnify and hold the City harmless from and against all claims, demands, suits, actions, judgments, fines, penalties and liability of every kind arising from the breach of the Contractor’s obligations under this paragraph.

  • Contractor Certification regarding Business with Certain Countries and Organizations Pursuant to Subchapter F, Chapter 2252, Texas Government Code], Contractor certifies Contractor is not engaged in business with Iran, Sudan, or a foreign terrorist organization. Contractor acknowledges this Agreement may be terminated and payment withheld if this certification is inaccurate.

  • Skills and Abilities (i) Ability to communicate effectively both verbally and in writing.

  • Trunk Group Architecture and Traffic Routing The Parties shall jointly engineer and configure Local/IntraLATA Trunks over the physical Interconnection arrangements as follows:

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