According to the FCC, American small businesses lose billions to cyber attacks annually, and 74 percent of small and medium businesses reported being affected by cyber attacks in the past 12 months. The average cost of these attacks for business, per incident, was $188,242. The most important step your company can take is securing your data. This is not only a good idea financially, but also from a legal and regulatory standpoint.
No information system is without vulnerabilities. Hackers, terrorists, viruses, spam, fraud, data theft, system failures, power outages and more can have a significant impact on an organization’s profitability and sustainability. (more…)