Believe it or not, cyberattacks are the fastest-growing crime in the United States. Based on numerous reports, it is estimated that in 2019 alone, cyber security spending will exceed $124 billion.
- Ransomware attacks grow over 350% every year
- 92% of malware is delivered by email
- The average cost of a data breach is roughly $3.6 million
- Cybercrime will cost the world $8 trillion on an annual basis by 2021
However, the most alarming statistic of all, is that over 50% of small businesses currently do not allocate any budget to cyber damages. Taking the necessary precautions on both the front and back end to mitigate risk will prove to be fruitful for both you and your business.
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