Cyber risk management: Navigating an unpredictable business environment


According to a recent report on CNBC, 66% of small companies have had a data breach in the last 12 months. The average cost of a data breach for a small company is $149k (App River), and a National Institute of Standards and Technology study found that 88% of small business owners believe their business is vulnerable to a cyber attack. To add insult to injury, according to a CYREBRO analysis, 81% of phishing attacks in the last year were targeted at SMBs.



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