Do your clients know that 47% of smaller businesses have suffered a cyberattack in the last year — and nearly half of those experienced multiple cyberattacks? Midmarket companies fare even worse: some 53% have experienced a data breach.
Attackers now see small/midmarket businesses as soft-target conduits into their larger partner companies. If your clients haven’t been attacked yet, either they’re lucky or they haven’t yet discovered the breach.
Cyberattacks that target businesses nearly doubled between 2016 and 2017, driven by an enormous spike in ransomware, including ransom denial-of-service (RDoS) attacks. Result: overall, the cost of a cyberattack has increased more than 27% from 2016 to 2017.
2017 was the most expensive year on record for natural disasters, due in significant part to extreme weather events across the U.S. that caused a total of $306 billion in damage. Last year saw 16 separate billion-dollar events, including three tropical cyclones, eight severe storms, two inland floods, a crop freeze, drought, and wildfire.
In my last post, I described people-focused cybersecurity best practices to share with your clients. This time, I’m adding some key cybersecurity best practices basics as well as three essential cybersecurity strategies.