A small company with 25 employees is attacked and its data are encrypted. The chief executive officer (CEO) does not think their insurance would cover the cost of restoration and the company would have to shut down operations for more than 3 months. As a result, they will probably going out of business. They did not spend any of their information technology (IT) budget on cybersecurity. What should they have done before this happened?(1 point) Responses They should have increased their IT budget only. They should have increased their IT budget only. They should have increased their insurance coverage. They should have increased their insurance coverage. They should have spent 10% of their IT budget on cybersecurity. They should have spent 10% of their IT budget on cybersecurity. They should have increased their return on investment (ROI).

The correct response is: They should have spent 10% of their IT budget on cybersecurity.