Cyberattacks now cost small companies 0,000 on average, putting many out of business

Cyberattacks now cost small companies $200,000 on average, putting many out of business

Annette Riedl | picture alliance | Getty Images

In an age of ongoing digital transformation, cybercrime has quickly become today’s fastest-growing form of criminal activity. Equally worrying for modern executives, it’s also set to cost businesses $5.2 trillion worldwide within five years, according to Accenture.
With 43% of online attacks now aimed at small businesses, a favorite target of…

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