Why Small Businesses Need Cyber Security: Small Businesses Are Attacked by Hackers 3x More than Larger Ones

why small businesses need cybersecurity

There’s no denying businesses of all shapes and sizes are continually in the crosshairs of cybercriminals. It doesn’t take long to uncover news stories regarding multi-billion dollar international corporations on the receiving end of data breaches, which in turn costs them tens, if not hundreds of millions of dollars in upfront losses. These numbers don’t even take into account the amount of money lost when a percentage of customers never shop with the business again (or at least an extended period of time), nor the amount of money the corporation pays out in legal fees. In all, many of these companies eventually shell out well over a billion dollars in funds with the various costs associated with a data breach. (more…)

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