Financial Services
The Partner That Knows: Private Equity
A cyber attack disrupts normal business operations and can cause longer-term damage to important IT assets and infrastructure that can be impossible to recover from without the budget or resources to do so. According to Ponemon Institute’s State of Cybersecurity Report, small to medium-sized businesses around the globe report recent, worrisome experiences with cyber attacks:
- Insufficient security measures: 45% say that their processes are ineffective at mitigating attacks.
- Frequency of attacks: 66% have experienced a cyber attack in the past 12 months.
- Background of attacks: 69% say that cyber attacks are becoming more targeted.