FAQs

How much damage can a cyberattack do to a small business?
Answer: The consequences can be financially and operationally devastating. On average, a cyberattack costs an SMB over $25,000, but in many cases, the damage goes far beyond the immediate financial loss. Ransomware attacks, for example, have caused 75% of affected small businesses to suffer significant operational disruption—halting work, losing customer trust, and delaying services. Worryingly,… Read More »How much damage can a cyberattack do to a small business?

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Cyber Security Concerns

How likely is a small business to experience a cyberattack?
Are small businesses really prime targets for cybercriminals?
How much damage can a cyberattack do to a small business?
Do small businesses take cybersecurity seriously enough?
Can small businesses realistically defend themselves from cyber threats?
How much damage can a cyberattack do to a small business?

Answer:

The consequences can be financially and operationally devastating. On average, a cyberattack costs an SMB over $25,000, but in many cases, the damage goes far beyond the immediate financial loss. Ransomware attacks, for example, have caused 75% of affected small businesses to suffer significant operational disruption—halting work, losing customer trust, and delaying services.

Worryingly, over 60% of small businesses go out of business within six months of suffering a major cyber incident. For many, a single attack can spell the end of operations. The reputational damage, legal fallout, and data loss can be too much to recover from.

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