How much could a cyberattack cost your company?

No company, however small, is exempt from being a victim of cybercrime.
In fact, an SME runs the same risks as a large company, or even more because they are usually less protected.
 

Because?

 
Today, information is extremely valuable, and any organization possesses data that is highly prized on the black market.
 

What can they do with that information?

 
Crime breeds more crime, so their objectives include carrying out cyber espionage or financing other criminal activities such as extortion, robbery, etc.
 

What is the price of cybercrime?

 
The cybercrime It's a big business and it costs the global economy up to 400 billion euros, increasing in the last five years by 200%.
What you're probably most interested in knowing is how much it might cost your company a cyberattack, Although it is impossible to give an exact figure, we will give some examples that demonstrate the importance of considering cybersecurity as an investment.
 

Malware / Ransomware

 
One of the most widespread malware programs is the CryptoLocker. We can receive it as an email attachment, and once activated, it encrypts files on local drives or network drives. To return the data, the criminals demand a certain amount from the victims. 800 euros. Initially, cybercriminals would restore victims' access to their files, but in many cases, they no longer do so. In other words, we're left without money and without information.
 

Phishing

 
It is based on the identity theft and it is usually carried out via email. cybercriminals They can impersonate a regular supplier and request that payments be deposited into an account number they provide.
 

DDoS

 
If your main source of income is your website, the denial-of-service attack, This is one of the issues that can affect you the most because it can overwhelm your network and make it inaccessible to users. The financial loss will be directly proportional to the length of time the service is down.
 

Economic penalties for non-compliance with the LOPD

 
These cyberattacks can expose legal breaches by the victim. That is, the losses that a cyberattack, In addition, we would have to consider significant financial penalties. For example, storing files containing personal data on unprotected equipment can result in a fine of up to 600,000 euros. Throwing away documents without destroying them, fraudulently collecting information, sharing data outside of permitted cases, etc… These are just some examples of cyberattacks and violations of the law, but there are many more.
 
Nowadays, having an active company is almost a guarantee of cyberattack And for all these reasons, it is necessary for business owners and the self-employed to become aware of the importance of cybersecurity.