In 2016, the Ponemon Institute completed a study on the “State of Cybersecurity in Small & Medium-Sized Businesses (SMB).” The study had many interesting findings, with highlights including:

• 55% of small & medium business suffered a cyber-attack in the past 12 months
• 50 % reported data breaches involving customer & employee information in the last 12 months
• 3 out of 4 reported that exploits have evaded their anti-virus solutions

The results align with what we see every day with clients that call us for incident response and recovery services:

Statistics about data breach costs are all over the map and range from $36,000 to $7 million. We developed a real world data breach cost calculator that is relevant to small businesses. In this article, we educate small business owners on the 9 costs that go into that calculator, and a data breach in general. 

Ransomware is one of the fastest growing cyber attacks in 2016. Our guide helps educate small business owners on what it is, how to protect yourself, and what to do if you are hit by a ransomware attack.