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Cybersecurity: Disaster recovery planning

Cyberattacks, such as ransomware, can strike at any time. What’s your small business disaster recovery plan?

Do you know the full cost of a ransomware attack on your small business?

Nearly half (43%) of all cyberattacks now target organizations with 250 employees or fewer. And reports suggest there’s a one-in-two chance your small business will be hit with some form of cyberattack in the next 12 months.

It’s a big threat—with dire consequences. The average attack costs a small business more than $20,000. Buried by these costs, 60 percent of small businesses shut down permanently within a year of an attack.

When ransomware hits, the average small business experiences two full days of downtime. One-third of businesses lose revenue and all experience brand and loyalty damage that’s harder to quantify.

Lacking a small business backup strategy that protects all of its valuable business devices, most small businesses end up paying at least $2,500 to get their data back. But paying the ransom doesn’t guarantee anything. Plenty of businesses have fully complied with the ransom demands, only to have the ransomer increase the ransom request—or simply take off with the ransom and the data.

Learn how CrashPlan for Small Business can help you with your disaster recovery plan.