Happy National Technology Day! Since the 1960s and 70s, technology has been advancing exponentially. We enjoy faster computers, intuitive products, artificial intelligence, and much more. While we love the improved tech we use every day, it doesn’t prevent “bad” technology from advancing right beside it. Cyber-attacks are more common and more expensive now than ever before and it’s predicted to rise. $8 Trillion in cybercrime is predicted in 2023, according to Cybersecurity Ventures. Learn more from the original article on their research, https://cybersecurityventures.com/cybercrime-to-cost-the-world-8-trillion-annually-in-2023/.

Take a look at some of these statistics on cyber security.

  • Cybercrime was up 600% in 2022
  • 43% of cyber-attacks are aimed at small businesses
  • 66% of small businesses have experienced a cyber-attack in 2022
  • Security breach discovery takes over 6 months for the average business
  • The average data breach cost $4.35 million in 2022
  • The global annual cost of cybercrime is predicted to be $8 trillion in 2023

As cyber threats get more serious, it becomes increasingly necessary to invest in a cybersecurity service. While you might have a few basic cybersecurity practices in place at your business, you are probably not giving it the level of attention it needs. Security breaches are incredibly expensive and preventing them takes constant vigilance.

Investing in JFG Business Tech’s services means you’re getting a dedicated, multi-layer service that protects your business information from all angles. We help with every facet of cybersecurity: data protection, end-user security, network protection, application security, email security, and monitoring. 

Read more about our multi-layer, “onion” approach here.

In addition to providing these services, we also help train your employees to protect your company from the inside out. Phishing emails are a common threat to both businesses and individuals. We help teach your team how to spot these bait traps in their inboxes. 

It’s 2023. Regardless of the size or type of business you run, technology plays a critical role in your day-to-day operations. You wouldn’t leave the cash register open or let your drivers ride around uninsured — you must also protect your technology. We’re here to help with every layer of your complete cyber security plan.


Steve Morgan, Editor-in-Chief. “Cybercrime To Cost The World 8 Trillion Annually In 2023”  Cybercrime Magazine, October 17, 2022. https://cybersecurityventures.com/cybercrime-to-cost-the-world-8-trillion-annually-in-2023/