Data breaches and ransomware attacks are on the rise for businesses as well as consumers.
- 31% of all cyber attacks occur at companies with less than 250 employees
- Average cost of business data breach – $300,000
- 60% of small businesses will shut down after a data breach
- Sources: Cyber Data Breach – Is Your Business Ready?, New Agency Partners, FBI IC3 Internet Crime Report 2013
We’ve heard continuing stories of major data breaches across the country and even in north Alabama. In addition, CyberHeist News from KnowBe4.com, compared the recent dramatic increase in ransomware attacks as a “Ransomware Horror Show.”
The BBB is committed to helping businesses safeguard customer data and more. To that end, we have compiled a set of resources to help. For the full article click here
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