Blog | G5 Cyber Security

Why Cybersecurity Must Be a Top Priority for Small & Midsize Businesses

The Marriott hack is just the latest in a long line of high-profile cyberattacks. The stakes for cybersecurity have never been higher for small and midsize businesses. An estimated 60% of small companies will go out of business within six months of a cyberattack. The average cost of cyberattacks on small and medium-size businesses was more than $2.2 million, with malware-related costs averaging over $1 million in damages or theft of IT assets. Every employee, C-suite down, is responsible for exercising good judgment and following cybersecurity protocols.”]

Source: https://www.darkreading.com/attacks-breaches/why-cybersecurity-must-be-a-top-priority-for-small-midsize-businesses

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