“My company is too small to be hacked,” says the average Small Business Owner. “I wear way too many hats to devote time to an IT department,” says another. Little do they know, hackers prey on small business owners, and there is significant evidence to back it up. Here are just a few statistics we pulled from the Verizon Data Breach Investigation Report, UPS Capital, the NCSA and Paychex:
Small Business Cybersecurity Statistics
- 70% of cyberattacks are aimed at small businesses.
- Nearly 50% of small businesses have experienced a cyberattack
- 61% of security breaches hit small businesses in 2017.
- Cyber attacks cost small business between $84,000 and $148,000.
However, a remarkable 68% of small business owners are not concerned about being hacked, and 90% say they are at least somewhat confident they could recover in the event of a successful attack.
That’s where they’re wrong. In fact, 60% of small businesses go out of business within 6 months of a cyberattack.
What Makes Small Businesses So Vulnerable?
In today’s world of information and knowledge, how can such a phenomenon be happening? Common sense tells us that business owners have so much on their plate that things that are seemingly irrelevant to daily operations get brushed to the side. In reality, strengthening their IT defense might be the one thing that keeps their daily operations enduring for years.
How Stability Networks Helps
At Stability Networks, we understand how small business work, because we are a small-medium sized business ourselves. We know that bottom line results and personal relationships are the keys to business growth and success. That’s why we focus on relationship-driven customer service to provide our clients with rock solid data protection solutions. We provide a stable small business IT environment that will empower your employees to collaborate, manage data, and perform to their greatest potential. Contact our team today or reach out online to request a free quote!