SEC: Stay Safe and Secure – Cybersecurity Measures for Small Businesses
As a small business, you may be under the impression that you are at low risk for data breaches, cybersecurity incidents, and privacy complaints.
However, the truth is that small businesses often collect a fair amount of personal data such as names, emails, phone numbers, IP addresses, and even payment details from their customers.
You should know that 46% of all cyber breaches impact businesses with fewer than 1,000 employees and that employees of small businesses experience 350% more social engineering attacks than those at larger enterprises.
In addition, cybersecurity incidents can be costly, ranging from $826 to $653,587 on average.