Comment on Is your SMB a prime target for cybercrime?

Is your SMB a prime target for cybercrime?

Small and medium-sized businesses (SMBs) are increasingly in the crosshairs of cyber criminals. The statistics paint a dire picture: according to a 2023 report by Verizon, 43% of cyberattacks target small businesses. The financial impact of these breaches can be devastating, with the average cost of a cyberattack on an SMB ranging from $120,000 to $1.24 million. For many SMBs, such a hit can be catastrophic, leading to significant operational downtime, loss of sensitive data and long-term reputational…

 

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