The Cost of a Cyber Attack for Your Business
The cost of a cyber attack can be devastating for businesses of all sizes. Financial losses, reputational damage, and operational disruptions are just the tip of the iceberg. A single breach can lead to hefty fines, legal issues, and a significant drop in customer trust. According to recent studies, the average cost of a data breach in 2023 was $4.45 million, and this number continues to rise as cyber threats become more complicated. Read on to learn more about the costs associated with cyber-attacks and the long-term consequences they can have on your business. Ransom Demands Ransomware attacks are [...]
Top 8 Cybersecurity Threats Businesses Face
The digital age has brought immense benefits to businesses, but it has also opened doors for cybercriminals. Today, companies of all sizes are targets for a wide range of cyberattacks. Understanding these threats is the first step toward building a strong defence system. Let’s explore the eight most common cybersecurity threats businesses face today. Phishing Attacks Phishing remains one of the most common and effective methods cybercriminals use to invade business networks. Attackers trick employees into revealing sensitive information, such as login credentials or financial details, through deceptive emails, text messages, or phone calls. To combat phishing attacks, businesses [...]
