The costs of cybercrime reach far beyond the ransoms paid. It encompasses the costs of the damage and destruction of data, lost productivity, theft of intellectual property, theft of personal and financial data, and not to mention reputational harm.
More than half of all cyberattacks are committed against small-to-midsize businesses (SMBs), costing them roughly $6 trillion a year and the average payout estimated to be $200,000. A further startling statistic is 60 percent of these SMBs will go out of business within six months after falling victim to a data breach or hack.
That is why to defend your business from hackers; you must understand how they work. Discover strategies and insight when you download our newest ebook How Hackers Plan Their Attacks and How to Defend Against Them.