Did you know that 53% of mid market companies have experienced a network security breach? Of those that have experienced a breach, over 71% say that the breach cost them more than $100K. 20% say it cost them something between $1 million and $2.5 million.
Can you afford for your business to be exposed?
A recent study by the Better Business Bureau (BBB) underscores how SMBs can struggle financially to survive following a severe cyber attack. The BBB asked small business owners, “How long could your business remain profitable if you permanently lost access to essential data?” Only 35 percent said that they could remain profitable for more than three months. More than half reported that they would be unprofitable in under one month.
Download our cybersecurity report on how small and midsize businesses can protect their organisations against today's threats. Download it here.