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Even a single cyberattack can cost a small business a lot more than you may think. The average cost of one cyberattack totals about $8,669.48, the National Small Business Association (NSBA) reports.
The NSBA also found that 94 percent of small business owners are worried about cybersecurity, while almost half of small businesses, 44 percent, have already fallen victim to a cyberattack.
What else does this survey tell us when it comes to cyberattacks?
As reported by Fox News, an NSBA spokeswoman said the fact that 44 percent of small business owners have been victims of a cyberattack is "high, and really concerning."
The NSBA survey was conducted in August and included responses from 845 small-business owners. Here is a breakdown of some other numbers, as reported in the survey:
Of the businesses that have experienced an attack:
Also, among those whose banking accounts were hacked, the average losses totaled $6,927.50.
Cyberattacks clearly take up a small business owner's time, resources, and energy. Make sure that you take the proper precautionary measures to best protect yourself. Here are a few suggestions:
To learn more about protecting your business online, check out FindLaw's Online Safety section.
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Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.