Are Rising Security Threats Putting Your Data at Risk?
When it comes to your company’s data security, have you ever found yourself thinking, “that will never happen to me,” or “that’s a risk I’m willing to take?”
This can be a dangerous mentality to have, specifically since security threats will continue to arise with extraordinary speed and complexity, putting businesses of all sizes at risk.
Small- and medium-sized businesses (SMBs) are highly impacted because they don’t have all the resources available to achieve a business-grade security stance and are prime targets for attackers because they tend to be easier marks. They’re often less secure and unprepared for attack. Think about burglars that go after houses where they know no one is home. With more cyber-crime automation and the rise of hacking kits, the cost and time it takes to launch a successful attack have decreased, increasing the amount of cyber-attacks executed.
Are you still thinking you aren’t a target?
82 percent of SMBs say they’re not targets for attacks because they don’t have anything worth stealing. However, 55 percent of SMB respondents have experienced a cyber-attack in the past year, and another 50 percent have experienced a data breach involving customer and employee information (2016 State of SMB Cybersecurity).
Do you underestimate the value of your information?
It doesn’t always seem like it, but every business has data worth stealing. Did you know that the average cost per lost or stolen record is $158? It may not seem like a lot, but this number grows quickly once these records are stolen by the hundreds (Cost of Data Breach Study).
Are you prepared to defend yourself?
Did you know that 79 percent of small businesses do not have an incident response plan? Without one, you may never be able to fully recover when a security incident becomes a reality (Nationwide Cyber Security Survey).
Are you ready for significant (even business-crippling) consequences?
An IBM and Poneman Institute study found that the average cost of a data breach has increased to a staggering $3.79 million (Cost of Data Breach Study).
Similarly, 60 percent of companies that lose their data due to an attack or disaster will shut down within six months (Boston Computing Network).
By partnering with an MSP like us, we can minimize your business’ risk together and develop a plan that focuses on resiliency, not only prevention.