The average cost was $1.07 million higher in breaches where remote work was a factor in causing the breach.Data breach costs rose from $3.86 million to $4.24 million in 2021, the highest average total cost in the 17-year history of this report.The average cost of a data breach to small business can range from $120,000 to $1.24 million.There are 30 million SMB in the USA and over 66% of all SMB’s had at least 1 incident between 2018-2020.
Ransomware is 57x more destructive in 2021 than it was in 2015.On average, a malware attack costs a company over $2.5 million (including the time needed to resolve the attack.Cybercrime cost makes up a value worth 1% of the Global GDP.The global annual cost of cybercrime is estimated to be $6 trillion per year.It is estimated that, worldwide, cyber crimes will cost $10.5 trillion annually by 2025.Cybercrime up 600% Due to COVID-19 Pandemic.
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