Cyber Attack Statistics :

Results

62-70% of Cyber Attacks are targeting small-to-medium businesses - Google, National Cyber Security Alliance
60% of small businesses hit with a cyber attack are forced to close and/or bankrupt within 6 months. (In addition to personal consequences like credit card fraud, tax fraud, and identity theft.) - Google, National Cyber Security Alliance
Almost 50 percent of small businesses have experienced a cyber attack. - National Cyber Security Alliance
76% of all scanned web sites having vulnerabilities that make them targets for attacks
1.1 billion identities compromised through breaches - Symantec
Only 14% of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective. - Keeper
48% of data security breaches are caused by acts of malicious intent. Human error or system failure account for the rest. - Keeper
55% of respondents say their companies have experienced a cyber attack in the past 12 months(May 2015 -May 2016), - Keeper
50% report they had data breaches involving customer and employee information in the past 12 months (May 2015 -May 2016). - Keeper
- In the aftermath of these incidents, these companies spent an average of $879,582 because of damage or theft of IT assets.
- In addition, disruption to normal operations cost an average of $955,429.

51% of businesses are not allocating any budget at all to cyber attack risk mitigation.
38% of businesses regularly upgrade software solutions;
22% of businesses encrypt databases.
65% of businesses with a strong password policy say they do not strictly enforce it.
16% of respondents admitted that they had only reviewed their cybersecurity posture after they were hit by an attack.
75% of small businesses have no cyber risk insurance.

Sources: