Your small business needs cybersecurity. Let me tell you why. Nowadays, it seems like everyone is trying to sell you something. There are ads on Facebook, ads on Spotify, ads on your favorite game on your phone. It is exhausting. Nobody wants to deal with that. Being a small business owner makes all of this even more prevalent. Everyone has their own tips or products or ideas that they want to sell you to improve your business. But is it really to improve your business? Is it really necessary?

Let me tell you about something that really is necessary: Cybersecurity. If you’re reading this, it means that you were already curious about the importance of cybersecurity. When it comes to starting a small business, there are a lot of things that you need to consider. However, we can probably agree that the most important thing is keeping your business alive. Investing in cybersecurity is a key step in avoiding one of the most damaging reasons that small businesses fail: cyber-attacks. Small businesses are frequent targets for hackers and other criminals purely because they are small. Many small businesses don’t feel the need to invest in cybersecurity. This makes those businesses the perfect cyber-crime victims. You might assume that this is where we start to promote our cybersecurity company, Aspis.

I’m just going to give you some statistics.

Small business cybersecurity facts

• 43% of Small Businesses lack ANY type of cybersecurity defense plans.

• More than 1 in 5 small businesses reported a data breach within the last 24 months, up by 17% from two years ago. 

• 41% of small businesses said they’d suffered a breach that cost more than $50,000 to recover from.

Do you value the trust of your clients?

• 30% of consumers surveyed said they would “never return” to a small business that suffered a cybersecurity breach, up from 20% two years ago.

Does your small business handle credit card transactions of any kind? Probably.

• 95% of reported credit card breaches come from small businesses.

• The average cost of recovery alone stands at $690,000.

• The total average cost of a data breach for small business with <500 employees is 2.98 million dollars. 

• 58% of small businesses don’t consider cyber-attacks a threat. 

• Only 42% of small businesses spent money on cybersecurity protections in the last year.

Worst of all,

• roughly 83% of business owners don’t have any contingency plan for dealing with security threats at all.

• Additionally, nearly 60% of small businesses to fail within six months of a cyber-attack. 

Now, I think you’re starting to get the idea. But this is just the tip of the iceberg. The more you learn about cyber-attacks, the more you will want to invest in good security. When it comes to upgrading your cybersecurity, a little goes a long way. You don’t need to pour a lot of time and money into upgrading your security right away. Doing things as simple as frequently updating your passwords and keeping your software up to date is the perfect first step. Want to go further? Set up simple employee training sessions, so the people who work at your business know-how to identify and stop basic cyber threats. The world of cyber security can be confusing and overwhelming, but that’s why companies like Aspis exist. We are here to guide you and your business on your journey to stronger cyber security. 

Contact us today to see how you can save your business from a potential attack: info@aspis.us

Who is Aspis Consulting?

Aspis is a cybersecurity and administrative service firm headquartered in Kansas City, Missouri. Starting in 2019 with a goal of democratizing cybersecurity, Aspis believes that all businesses deserve to feel safe from cyber threats. Because of that we took our government-level services and offer them to small businesses for a price they can afford. With additional branches in Duluth, Minnesota, and Washington DC Aspis has grown to become a national brand and has helped countless businesses with their cybersecurity needs. Our team offers a full suite of services including Darkweb Monitoring Solutions, Cybersecurity Management Consulting, and Cybersecurity Consulting to both our commercial and government clients. Our organization has been featured in countless publications including Forbes, IBM, and the US Chamber of Commerce. Aspis is also proudly HUBZone certified and a national LGBT Business Enterprise.

To learn more on how Aspis can help you with your cybersecurity or administrative needs check out our website. Also, follow us on LinkedIn, Facebook, and Instagram.