Boris Dubov | 03/28/2019
Small companies, unfortunately, often find themselves unprotected from cyberattacks. And they themselves are to blame for this. Yes, it is easier for large companies to allocate funds for information security, and the profits of small businesses may not allow for serious expenses on protection. In addition, many small business managers are still sure that cybercriminals are not interested in their companies, so spending money on security tools is pointless. But this is not true. Information is the most valuable resource of a modern business, regardless of its size. And protecting this information should be a priority for every organization.
Statistics and trends
What small businesses definitely shouldn't count on is egypt mobile database ignored by cybercriminals. They know that small businesses are less secure, so they are easier to hack. So attacks on small businesses are not a trend of the future, but a reality we live in today.
Thus, according to a study by Hiscox , 47% of small businesses have experienced at least one cyberattack in the last 12 months, and 44% have suffered more than two attacks during the same period. Cisco's statistics are even more pessimistic: in 2018, more than 53% of small businesses experienced cyberattacks.
Don't expect a cyber incident to be cheaper than protection, either. A Hiscox study estimates the average cost of an incident in a small business at $35,000. Cisco notes that 20% of SMBs that were attacked reported losses of between $1 million and $2.5 million.
Moreover, money is not the only thing a company will lose in the event of a successful cyberattack. The consequences will include reduced productivity or even downtime while the company recovers, customer losses, and subsequent loss of revenue. So the damage will be significant. For some companies, it may even be fatal.
Ten Tips to Protect Your Office from Cyber Threats
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