According to an article published by Forbes, the average cost of a cyber security breach in 2018 was $7.91 million dollars.
A breach could potentially cause the loss of data requiring restoration from backup or recreating the data altogether.
During a breach, your organization may not have access to required systems to perform their job resulting in operations being halted.
Should you require additional resources to tackle a breach you may likely be required to hire additional resources, or acquire 3rd party consultants.
Should your organization be named in a breach, your business' reputation may prevent you from acquiring or renewing business contracts.
The risk of a breach could shut your organization's doors for good. There is no reason not to start securing your organization today.