While major breaches against large, well-known companies continue to dominate the headlines, the reality is that small and midsize businesses are much more likely to experience a cyber attack. In fact, 62% of all cyber crimes are attributed to small and midsize businesses – with evidence indicating this percentage will continue to rise.
But why are smaller businesses considered major targets for cyber criminals? In a new advisory, Cyber Attack Inevitability: The Threat Small & Midsize Businesses Cannot Ignore, Chubb addresses the knowledge gap that often leads to small and midsize businesses underestimating the substantial risks they face, as well as offers real-world examples and precautionary measures to help protect against such events.
To view the full advisory, click here.