Small businesses lean into digital transformation in the new year.

Small businesses are increasingly focusing on digital transformation initiatives, with a JPMorgan Chase report revealing that nearly 4 in 5 small businesses are either considering or have already adopted AI technology. Around half of the surveyed business leaders plan to incorporate more AI applications in the upcoming year, with many expecting higher profits and sales. As small businesses embrace technology to enhance efficiency and growth, cybersecurity concerns are also on the rise, with cyberattacks affecting 1 in 3 small businesses in 2023. [Extracted from the article]