Data breach report shows cyberattacks even on small biz are on the rise
Data breach report shows cyberattacks even on small biz are on the rise
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00:00 A private company's 2023 data breach investigations report shows cyber attacks on businesses,
00:06 even the small ones, are on the rise.
00:09 This said trend is troubling as a data breach could be both costly and time consuming to
00:13 address for business owners, especially for those who don't even have safeguards in place
00:18 to begin with.
00:19 The report further showed the median cost per ransomware attack, which is a malicious
00:24 software designed to deny the user access to a computer system unless a sum of money
00:29 is paid, more than doubled to $26,000 in the past two years.