Cyber attacks cause revenue losses in 42% of small businesses

85% of small business leaders say they are ready to respond to a cyber incident despite a record-high 73% reporting an attack in 2023, according to Identity Theft Resource Center. Employee and consumer data continue to be the most impacted categories of information affected by a data breach. The number of organizations reporting first-time attacks was flat compared to 2022 (43%). 42% of small businesses lost revenue due to a cyber event. While down three … More

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