Cyber threats are becoming more costly for businesses. The average cost to small businesses is significant, depending on factors such as attack severity. Many businesses mistakenly believe they are prepared to handle these threats.

In reality, survival rates are low, even for less costly incidents. Most businesses that experience a cyber incident with costs under a certain threshold do survive, but the percentage is not high.

Further information on cyber disaster preparedness and its importance for businesses is available from sources such as Thimble, which reports on risk management strategies.