Why Cybersecurity is Critical for Small Businesses
Small Businesses = Big Targets
Small businesses think because they’re small, they’re safe from cybersecurity risk. But cybercriminals specifically target small and mid-sized companies like yours because they know you don’t have the basic security practices, resources or security expertise to defend against the sophisticated attacks and evolving cybersecurity threats. Here’s some food for thought:
- 43% of all cyberattacks target small businesses — meaning nearly half of all attacks hit organizations like yours. (Accenture)
- Only 14% of small businesses rate their security posture as highly effective against advanced threats.
- The average cost of a cyberattack on an SMB is $254,445, with some incidents running into the millions.
A single breach doesn’t just cost you money. It erodes the trust your clients have in you. And in a tight-knit market like Baltimore, trust is everything.
Every day without proper cybersecurity services is a gamble. Data breaches lead to regulatory compliance failures, lawsuits, and lost revenue. A single security breach can also expose customer information and compromise critical data your organization depends on. Extended downtime halts operations and damages client relationships. And the reputational fallout can follow your business for years. Many businesses are also discovering that inadequate cybersecurity controls can increase cyber insurance costs or even result in denied coverage after an incident.
If you’re questioning whether you can afford managed IT security services, it’s worth flipping that question on its head and asking yourself:






