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The Cyber Risk Landscape for Small Businesses 

Turning Your Biggest Risk into a Competitive Advantage

Are you confident your current IT infrastructure can withstand the ever-evolving threat landscape? Have you considered the real-life impact of internal IT employees' vulnerabilities? Do you feel that the tools you have in place truly protect your business? 


We work with and have assisted many businesses that have an internal IT department but need some extra help.

 

Why not help your internal team stay on top of rapidly evolving cyber threats by bringing on a co-managed IT solution?

Cybercrime is Rapidly Growing to Affect 

Businesses Around the Globe

By using "as-a-service" business models, cybercriminals can launch a high volume of attacks for significant financial gain. They increasingly target small businesses, which often lack the resources and expertise to defend themselves. 


In fact, between 2021 and 2022, there was nearly a 200% increase in attacks against small businesses. By building a layered security program aligned to best practices now, small businesses make cybersecurity a competitive differentiator.

15%

Global cybercrime costs 

growth rate year-over-year

$10.5 trillion

Expected total cost of cybercrime 

by 2025 

$21.44 trillion

United States nominal 

GDP in 2021 

The Most Common Threats to Small Businesses

Ransomware

Security Misconfigurations and Unpatched Systems

Credential Staffing

Social Engineering

Small Businesses are Big Business for Cybercriminals 

58%

Of cyberattack victims are 

small businesses 

47%  

Of small business suffered at least one cyberattack in the last year

$2.98 million

The average cost of a data breach 

for a small business

The Damage of a Cyber Incident Extends 

Far Beyond the Initial Impact 

Reputational Harm

Stolen Intellectual Property

Lost Customers

Operational 

Downtime 

Making Cybersecurity Your Competitive 

Advantage Delivers Benefits  

Increase Trust

Protect Your Crown Jewels, Customers, and Employees

Win New Business

Comply with Regulations

Determining Your Cyber Risk

Questions To Help Determine Your Exposure

1. What kind of sensitive data does your business handle, store, or transmit? (e.g., intellectual property, financial information, employee data)?

2. What technologies do you use to operate (e.g., Office 365, QuickBooks, AWS Cloud)?

3. What is your hourly cost per operational downtime?

4. How effectively could your teams function if they couldn't use technology?

5. What would be the impact on your brand if you had a cyber incident?

6. Do you fall under any compliance or regulatory frameworks? What is the impact to your business if they are violated?

7. What about your customers?

8. How would a cyber incident impact your employees? How about their families?

9. What measures do you have in place to protect against cyber threats

Contact us today to learn how we can help turn cyber from a risk 

into a competitive advantage