National Cyber Security Alliance: 20% of small businesses experience such an attack every year. 60% of these businesses were forced to close within 6 months of being hacked. Small businesses cannot afford to invest in sophisticated security measures for the whole of their IT infrastructure. The consequences of a cyberattack on a small business can be catastrophic. The key to avoiding attacks is to take preventative measures before they happen, and also to make sure that your response should the worst occur is also prepared.”]
Source: https://www.csoonline.com/article/3437777/how-a-small-business-should-respond-to-a-hack.html