Tech Facts for Business Owners


1. According to the FBI, cybercriminals are expected to collect over $1 billion in ransoms this year (source).

2. 4,000 ransomware attacks occurred per day in 2016 (source).

3. 323 thousand new malware strains are found daily (source).


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While there will always be some level of risk associated with being in business, there are methods that can be taken to manage vulnerabilities. Yet, without the proper security knowledge and support, threats can easily slip through the cracks, as the following statistics convey.

4. 84 percent of big breaches were detectable (source).

5. Increased investment in employee training can reduce the risk of a cyber attack 45 to 70 percent (source).

6. 100 percent of IT professionals recently surveyed at an SMB said they could improve their cybersecurity systems (source)




The reality is: without proper due diligence and effective solutions comes significant loss. These stats illustrate the real repercussions of cyber attacks for businesses.

7. Businesses with 1,000 employees or less have a 90 percent likelihood of having a data breach costing more than $216,000 (source).

8. 44 percent of businesses estimate they could lose $10,000 or more during just one hour of downtime (source).

9. 60 percent of small businesses close after a breach (source).


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General Tech Business

10. The annual cost of global cybercrime damages are estimated to cost $6 trillion by 2021 (source).

11. On average, internal IT teams are investigating 12,000 alerts every week, according to The State of SOAR Report 2018 Survey, conducted by Virtual Intelligence Briefing on Behalf of Demisto

12. By the end of 2019, a ransomware attack will strike a business every 14 seconds, projects Cybersecurity Ventures

13. 43 percent of all cyber attacks target small businesses. This includes web-based attacks in addition to phishing and social engineering attacks, malicious code attacks, and DDoS attacks, according to Cybint

14. Nearly two in five workers admit to clicking on a link or opening an attachment from a sender they did not recognize, per Finn Partner Research’s Cybersecurity at Work Study

15. 90 percent of all cyber attacks (which increasingly include ransomware) begin with phishing emails, says the Verizon 2018 Data Breach Investigations Report

16. 48 percent of attacks against SMBs are phishing emails, ranking it as the most common type of cyber attack against these businesses, according to the Ponemon Institute’s 2017 State of SMB Cybersecurity Report

17. According to 97 percent of IT service providers, ransomware attacks on small businesses are becoming more frequent, a trend that will continue over the next two years.

18. More than 91 percent report clients victimized by ransomware, 40 percent of whom have experienced 6 or more attacks in the last year.

19. Around 31 percent of IT service providers have experienced multiple ransomware incidents in a single day.

20. The leading industries victimized by ransomware: Professional Services, Healthcare, and Construction & Manufacturing.

21. The average ransom requested is typically between $500 and $2,000, however, 10 percent of MSPs reported the ransom average to be greater than $5,000.

22. Paying the ransom doesn’t guarantee the return of data; 7 percent of IT service providers report recent incidents of end users paying up to no avail.

23. The most effective solution for business protection from ransomware is a backup and disaster recovery (BDR).

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Cyber Security

24. Worldwide cyber security spending will reach $96 billion by the end of 2019

25. Over 260 million records containing sensitive information have been compromised in the first four months of 2019 (source).

26. While the time it takes to detect an attack varies from company to company, on average it takes over 200 days to detect a breach (source).

27. Almost a quarter of cybersecurity professionals (23 percent) assess the probability of future attacks to their organization as very or extremely likely (source).

28. Cybercrime damages will cost the world $6 trillion annually by 2021 (source).


29. 54 percent of organizations experienced one or more ransomware incident in 2018 (source).

30. In 2018, the average ransom payment grew to $3,675 per ransom (source).

Mobile Security

31. 81 percent of organizations claim that negligent or careless employees are the top risk to endpoint security (source).

32. In 2015, 3.3 million mobile apps were classified as malware (source).

Cloud Security

33. 85 percent of enterprises are now using sensitive data in the cloud, up from 54 percent in 2015 (source).

34. On average, 9.3 percent of documents shared externally in the cloud contain sensitive content (source).


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Healthcare IT

35. In 2016, 64 percent of patient medical files were successfully targeted by cybercriminals (source).
36. 80 percent of small medical practices are unconfident that their mobile devices are HIPAA compliant (source).


Backup and Disaster Recovery (BDR)

BDR has become a must-have solution for all businesses, yet many still hesitate to adopt it. Use these stats to convince clients and prospects that there’s a dire need for your BDR solution and business continuity services.

37. Every week 140,000 hard drives crash in the United States (source).
38. A simple drive recovery can cost upwards of $7,500 and success is not guaranteed (source).
39. 44 percent of businesses estimate they could lose $10,000 or more during an hour of downtime (source).
40. 60 percent of businesses will go out of business within six months of a data disaster (source).
41. Human error was responsible for 23 percent of data loss incidents in 2016 (source).
42. 58 percent of SMBs say they test their disaster recovery plan just once a year or less, while 33 percent say they test infrequently or never at all (source).
43. By 2020 the world will need to defend 50 times more data than it does today (source).


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