Stats: Pain of a Data Breach

Breaches are Painful: This doesn’t need to be your fate.

Small and medium-sized businesses lose on average $120,000 per cyberincident.
– Kaspersky

83% of SMBs LACK THE FUNDS to deal with the repercussions of a breach.
– InsuranceBee

Half of all small businesses will be OUT OF BUSINESS a year after their data is breached.
– Sec.gov, Inc.com

Consumers are much more likely to file a LAWSUIT against a breached business.
– Bloomberg

50 States, 50 different compliance regulations, plus Federal, International. FINES often per day and customer. Reporting compliance depends on WHERE each customer resides.
– CSR Privacy Regs