Only about one-third (35%) said that they could remain profitable for more than three months. More than half reported that they would be unprofitable in under one month.
2017 State of Cybersecurity Among Small Businesses in North America, BBB, 2017
of all cyber attacks result in financial damages of more than $500,000 including, but not limited to, lost revenue, customers, opportunities, and out-of-pocket costs.
Cisco 2018 Security Capabilities Benchmark Study
A staggering 60% of small to medium – sized businesses that suffer a data breach, go out of business after six months.
Proper risk assessments, employee training, and preventive hardware / software services, combined with a good insurance policy can help mitigate risk.
Connecting these components with a cyber-savvy culture will best position you to protect your assets in the future.
Our consultants are here to help!