Security News > 2018 > September > 83% of SMB owners have no cash put aside to deal with the fallout from a cyber attack

Small businesses are leaving themselves exposed to significant financial risk from cybercrime by not having adequate measures in place to recover in the event of a cyber attack. That’s according to the findings of InsuranceBee’s Cyber Survey, which asked more than 1,000 SMBs how prepared they are to deal with cybercrime. Although the average cost for small and medium-sized businesses to recover from a cyber attack is estimated to be $120,000, 83% of SMBs do … More → The post 83% of SMB owners have no cash put aside to deal with the fallout from a cyber attack appeared first on Help Net Security.

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