Cybercrime is a booming business, inflicting damage to businesses estimated at $3 trillion per year and growing to $5 trillion by 2024, according to a report by Juniper Research. Cyberattacks are a costly business nightmare, resulting in profit-sapping downtime, lost revenues, brand damage, stock price losses, and regulatory fines.
The Acronis Cyber Readiness Report, which surveyed 3,400 IT managers and remote workers around the world in order to evaluate their cyber readiness before and after the COVID-19 pandemic, found that 31% of companies around the world are attacked at least once a day and that 50% of all respondents report encountering a cyberattack at least once a week during the past three months.2 Meanwhile, various researchers concluded that downtime costs can range from $10,000 per hour3 to as much as $260,000 per hour.
It’s no wonder that business and IT leaders worry that an attack could take down their company next – and their careers along with it. Download this whitepaper to find out how you can boost your business with cyber protection services!