Cybersecurity threats continue to grow and evolve posing threats to the functioning of businesses and even threatening their survival. According to cybersecurity analysts, global cybercrime costs will increase by 15 percent every year for the next five years, reaching $10.5 trillion annually by 2025 – this is up from $3 trillion in 2015.
Small businesses are also not immune to attacks with scammers and viruses compromising employee and customer records, bank account information, accessing business’s finances, and disrupting operations. These could cause damage to the reputation of your business and erode the trust your customers have in you resulting in a loss in revenue.
