5 Shocking Small Businesses Cybersecurity Statistics
Posted June 2025
Did you know that 43% of cyberattacks specifically target small businesses? Despite this alarming statistic, many businesses remain unprepared for these threats.
A single breach can cost over $120,000, and 60% of small businesses are forced to close within six months of an attack. Employee mistakes account for 68% of breaches, making cybersecurity awareness and prevention more critical than ever.
Strengthening security measures, training employees, and using multi-factor authentication can significantly reduce risks and protect your business from devastating cyber threats.
Here are 5 Shocking Small Businesses Cybersecurity Statistics:
- Approximately 43% of cyberattacks are directed at small businesses
- The average cost of a data breach for small businesses ranges from $120,000 to $1.24 million
- 60% of small companies go out of business within six months of experiencing a cyberattack
- 68% of data breaches in small businesses are due to employee mistakes or negligence
- Only 17% of small businesses encrypt their data, and just 20% have implemented multi-factor authentication
Don’t be another statistic! Contact iPower today to develop a plan to safeguard your business.