Why 60% of Small Businesses Close Within 6 Months of a Cyberattack

This article was originally published by Jazz Cyber Shield. Small businesses are the backbone of the economy. But they are also the number one target for cybercriminals — and most of them are completely unprepared for what a single attack can do. Here is the harsh truth: 60% of small businesses shut down permanently within just 6 months of experiencing a cyberattack. Let that sink in. The Scary Statistics 43% of all cyberattacks target small businesses The average data breach costs a small business around $200,000 Only 14% of small businesses rate their cybersecurity as highly effective 1 in 5 small businesses have no cybersecurity measures in place at all These are not just numbers. These are businesses like yours — with real employees, real customers, and real futures that were wiped out overnight. Why Small Businesses Are Easy Targets Hackers do not always go after the biggest fish. They go after the easiest ones. Small businesses are attractive targets for several key reasons: 🔓 We