Almost every business relies upon computers, electronic data, network access and the internet. That technology creates new cyber risks. And as larger companies harden their cyber defenses, hackers increasingly see medium-size businesses as easier targets.
It's easy to see why. A midsize business keeps a substantial amount of personal information and business data on employees, customers, vendors and others. Yet, most lack the technology resources and expertise of larger corporations to prevent a data loss.
A Ponemon Institute report stated that 44% of businesses had a data breach in the past year, and McAfee puts the percentage at 60. The average time from the actual data breach to its detection was 210 days.
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