The Cost of a Cyber Incident

A data breach can cost your business millions in recovery expenses, legal fees, and lost customer trust. By investing in proactive cybersecurity, you avoid:  

• Downtime Costs: On average, a single day of downtime can cost a business between $10,000 and $5 million, depending on the size of the operation.  

• Ransomware Payouts: The average ransom payment in 2023 exceeded $200,000, not including recovery costs.  

• Regulatory Fines: Non-compliance with standards like GDPR or HIPAA can lead to fines as high as $4 million per incident.  

• Reputation Damage: A breach can erode trust and cause customer churn, impacting long-term revenue.  

Proactive measures like penetration testing and third-party assessments identify and mitigate vulnerabilities before an attacker strike, significantly reducing these risks and associated costs.