Small- and medium-sized businesses (SMBs) are the prime targets for cyber-attacks because they tend to be easier targets. They’re often less secure and unprepared for
- Most SMBs don’t think they can be the target
82 percent of SMBs believe that they will not be targeted and have nothing worth stealing. (Towergate Insurance) However, 55 percent of SMB respondents have experienced a cyber-attack in the past year. (2016 State of SMB Cybersecurity).
- Don’t underestimate the value of your information
Every business has data worth stealing. The average cost per stolen/lost record is $158. It may not seem like a lot, but his number grows quickly once these records are stolen by the hundreds. (Cost of Data Breach Study). Having your data held hostage i.e. Ransomware is even a bigger threat.
- Be prepared
Did you know that 79 percent of small businesses do not have an cyber attack incident response plan? Without one, you may never be able to fully recover when a security incident becomes a reality. (Cybersecurity Trends Report 2017)
- The consequences can be crippling
60 percent of companies that lose their data due to an attack or disaster will shut down within six months. (Boston Computing Network).
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