As Internet usage continues to grow all across the world, security risks have become a reality for businesses. Irrespective of the size and type of your business, you cannot ignore the possibility of Internet security risks. Online security risks pose a bigger threat for small and mid-sized businesses as reflected in the following findings:
- 50% of confirmed data breaches targeted small businesses with fewer than 1,000 employees
- 31% of cyber attacks targeted small businesses with fewer than 250 employees
- 193 incidents targeted small businesses with fewer than 100 employees
- 60% of small businesses fail within 6 months of a cyber attack.