04/09/2024
Strong DM published a list of 35 alarming small business cybersecurity statistics. Here are the ones that stand out to us:
🚨 95% of cybersecurity incidents at SMBs cost between $826 and $653,587. This is a large cost that could be prevented by working with an IT services firm today.
🚨 37% of companies hit by ransomware had fewer than 100 employees. Sometimes small businesses think they will not be targeted by attacks, however, any size business could fall vicitm and needs to invest in protection.
🚨 51% of small businesses have no cybersecurity measures in place at all.
🚨 80% of all hacking incidents involve compromised credentials or passwords. Small businesses often share account information to keep costs low, which can increase vulnerabilities and leave you open to hackers' attempts.
🚨 Antivirus software (58%), firewalls (49%), VPNs (44%), and password management (39%) are the top four cybersecurity tools SMBs are adopting. These popular tools are part of the set of services we provide to our clients.
Explore more statistics about cybersecurity for small businesses.
Small business cybersecurity statistics overview: 55% of people in the U.S. would be less likely to continue doing business with companies that are brea...