A recent report by Verizon has highlighted a concerning trend in the business world - the increasing number of cyberattacks targeting businesses, including small businesses. These attacks can have severe consequences, both financially and operationally, if business owners are not adequately prepared to handle them.
According to the 2023 Data Breach Investigations Report, the median cost per ransomware attack has more than doubled in the past two years, now standing at $26,000. Ransomware attacks, a type of malicious software that blocks access to computer systems until a ransom is paid, account for 24% of all breaches.
