Investing in cyber security may not be something at the top of your to-do list when starting your small business, or when managing your business that has been successful for many years. As business continues to move into the digital space, the need to invest in cyber security increases. Small businesses are especially susceptible to cyber crimes and security breaches. Take a look at some eye-opening statistics about cyber security for small and medium-sized businesses (SMBs).
43% of all data breaches involve small and medium-sized businesses. This means that almost half of all data breaches, including personal and business, impact SMBs.
32% of SMBs only use consumer-grade cyber security options. As a business, even a small one, you should invest in cyber security for businesses, not consumers.
Less than 50% of SMBs are finding their breaches within a few days. If breaches go unnoticed, they may cause more damage. Unlike larger businesses with IT departments and systems to detect breaches instantly, SMBs may not find out about their data breach until it’s too late.
61% of SMBs experienced a data breach in the past year. Your small business is at risk. Data breaches are expensive, so investing in cyber security is an investment that will save you money in the long run.
60% of small businesses fail after experiencing a cyber attack. Due to the cost of recovering from a cyberattack, many small businesses simply can’t afford to continue operations in the wake of a breach.
These numbers may seem daunting, but JFG is here to help. With IT professionals on board, our services can protect your business from a cyber-attack and detect any possible threats. JFG’s services can aid in securing your network and devices from viruses, malware, and ransomware. With our help, we can prepare you in the event your business is targeted by cyber-attackers and form a strong contingency plan, thus improving your efficiency. Through investing in IT services, you could ultimately save your business thousands of dollars.