Most small businesses are becoming painfully aware that their small size does not provide them immunity from the risk of a cyberattack.
Today’s sophisticated hackers can and will attack any target. A survey by the National Cyber Security Alliance (NCSA) found that 71 percent of security breaches target small businesses, and about 50 percent of small businesses have suffered from cyberattacks. The credit data provider Experian reported that 60 percent of small businesses go out of business six months after suffering a security breach. The Department of Commerce’s National Institute of Standards and Technology study also found a sharp increase in hackers aand adversaries targeting small businesses in the past two years.