One in three businesses won’t adopt new tech because they’re worried about hackers

By Yajush Gupta · 3 November 2025 · News

One in three businesses won’t adopt new tech because they’re worried about hackers

Tech Adoption Stalls: Is Cybersecurity the Culprit?

Cybersecurity concerns are crippling business adoption of new tech, but a surprising twist has small businesses cutting back on cyber spending. What's behind this deadly paradox?

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Summary

Cybersecurity concerns top the list of tech barriers at 29.8 per cent, yet small businesses are cutting cyber spending. CreditorWatch CEO Patrick Coghlan explains this dangerous paradox.