What You Could be Losing

The Ugly Truth

$26.6 billion - yearly cost of network downtime for North American Businesses.

Network downtime is comprised of lost revenue, lost productivity, recovery costs and intangible costs. Downtime can be due to a security/data breach or equipment failure.

Regardless of your size when your network stops working, your business takes a hit. 

Small companies suffer the most during periods of downtime, showing the least ability to generate revenue. 39% compared to 19% for medium-sized companies, and 28% for large-sized companies.

Revenue Lost by Company Size: (of the $26.6 Billion)

  • Small business: $15.05 billion

  • Medium business: $1.097 billion

  • Large business: $10.34 billion

2019 Cost of a Data Breach Report

The 14th Annual Cost of a Data Breach Report was conducted by the Ponemon Institute.

Did You Know?

  • 40% of small -medium businesses that manage own network will be accessed by a hacker.

  • 20% of small businesses will be hacked within one year.

  • 31% of targeted attacks focus on businesses with fewer than 250 employees.

  • 93% of companies that lost their data for 10 days or more filed for bankruptcy within one year. 50% immediately.

Sources:
CA Technologies study, 2011
Gartner Group, National Cyber Security Alliance, Symantec, National Archives & Records Administration

YOU know your business. WE know your technology needs.

2019-09-11T10:01:16-06:00September 11th, 2019|

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