According to a 2013 survey by the National Small Business Association, 44% of small businesses have been victims of at least one cyber attack, costing an average $8,700 per breach.
Last year, a survey by the Ponemon Institute reported that 55% of small businesses had experienced a data breach, and 53% had endured multiple breaches. Survey respondents were limited to small businesses with revenues under $10 million.
“It’s not a matter of ‘if’ small organizations will be attacked—it’s a matter of ‘when,’ ” says Leah Montgomery, Western territory cyber security specialist at Chubb. “Any company that stores, transmits or collects proprietary information is at risk.”
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