According to Cybersecurity Ventures, 60% of small businesses that experience a cyber attack go out of business within six months.
This statistic is a stark business reality in today's digital world, where 43% of all cyberattacks target small businesses, making them a prime target for criminals who bet on them having weaker defenses.
As a business owner, managing marketing, sales, operations, and finance can be overwhelming, and deciphering complex cybersecurity jargon or implementing a plan with a limited budget can seem impossible.
60% of small businesses that experience a cyber attack go out of business within six months.
Author summary: Cybersecurity is a must for small businesses to survive in the digital world.