Small businesses are heavily impacted by data breaches. They only have themselves to blame
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The renaissance of the entrepreneurial spirit alongside the digital era is creating a world where innovation is one of the only constants. Nearly every new business’ data resides on the cloud. Although this helps have faster access to information, it also creates an immense treasure chest for hackers who know that entrepreneurs running small businesses rarely take cybersecurity seriously.
- 43% of cyberattacks are aimed at small businesses.
- Half of small businesses do not allocate a single dollar out of their budget for cyber attack risk mitigation.
- 4 in 5 small businesses do not encrypt their data.
- 60% do not regularly update their software.
The reason why these numbers are so poor is that many small business owners don’t think they’re potential targets – they don’t think they hold any important or valuable data. However, more than six out of ten companies have in their possession thousands of emails, phone numbers and billing addresses. Hackers can easily access this information and sell that data to people managing databases for nefarious reasons.
Small business owners have to stop seeing cybersecurity measures as an expense and start seeing it as an investment. Stephanie Reilly puts it best in a Yahoo Finance article:
“There is a lack of awareness by SMBs regarding the impact a cyber-attack can have on their organization […] It can devastate a business, never to recover.”
Sadly, most companies only start protecting their data after being hacked and paying, on average, $880,000 in penalties, security measures and other new costs related to cybersecurity.
Your small business does not have to be in the 60% of SMBs that go out of business in the six months period following a cyberattack. Evizone has all the security measures and the perfect software to protect you, your data and your company. Visit our website at www.evizone.com to learn more about our products.
About Evizone Ltd.
Evizone Ltd. is a revolutionary secure communications, encryption and compliance software and service provider based in Montreal, Quebec, Canada. Evizone offers innovative enterprise solutions in secure messaging (next generation beyond encrypted e mail) and encryption, encryption at rest, regulatory compliance, compliance archiving, WORM compliance, 17a-4 compliance, document life cycle management and communications governance and risk management. Evizone’s services protect organizations through best in class security, encryption, recipient controls, document life cycle management, discovery management, compliance management, compliance archiving, tamper proof WORM and 17a-4 compliance archiving and complete audit records against the enormous damage caused by communications breaches. Evizone’s patented technologies offer a level of security impossible to obtain with conventional or encrypted email and fast, powerful, user friendly compliance archiving. Evizone’s services are immediately available on multiple platforms and provide the strongest commercially available communications security and compliance archiving. You can follow Evizone on Facebook, Twitter, and LinkedIn.
