Key Statistics
43%
Of businesses faced a cyberattack in the past 12 months
Nearly half of all businesses experienced at least one cyberattack in the last year — and the rate is climbing year over year.
60%
Shut down within 6 months of an attack
The majority of small businesses that suffer a cyberattack do not recover. Within six months, they are out of business entirely.
83%
Are not financially prepared to recover
83% of businesses are not prepared to recover from the financial damages of a cyberattack — even if they survive the initial breach.
23%
Say they are actually prepared to handle an attack
60% of business owners consider cybersecurity a top concern — yet only 23% say they are very prepared to handle one when it happens.
$254K
Average total cost of a cyberattack
The average total cost of a cyberattack on a small business is $254,445 — with some incidents reaching up to $7 million in damages.
What This Means
Small businesses are targeted specifically because they are small.
Cybercriminals know they are less likely to have proper security in place. No secure email. No encrypted storage. Passwords shared over text. No access controls. The infrastructure gap is the vulnerability.
Most businesses don't find out they have a security problem until something goes wrong. By then, the damage is already done — financially, operationally, and reputationally.
The businesses that survive attacks are not the ones that got lucky. They are the ones that had a security layer in place before it was needed — encrypted communications, protected credentials, and controlled access across every team member.