KEY POINTS

  • Forty-three percent of cyberattacks are aimed at small businesses, but only 14% are prepared to defend themselves, according to Accenture.
  • These incidents now cost small businesses $200,000 on average, reveals insurance carrier Hiscox, with 60% of them going out of business within six months of being victimized.
  • More than half of all small businesses suffered a breach within the last year.
  • Today it’s critical for small businesses to adopt strategies for fighting cyberthreats.

Read More: https://www.cnbc.com/2019/10/13/cyberattacks-cost-small-companies-200k-putting-many-out-of-business.html