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In the wake of the 2020 outbreak of cybercrime, businesses of all sizes are at risk of falling victim to cyber attacks. With the increasing commoditization of organized cybercrime, such as ransomware as a service, cyber attacks have become more prevalent, easier to carry out, and less expensive for criminals. As a result, it is now more important than ever for businesses to be proactive about their cybersecurity measures.

Statistics show that cyber attacks have been on the rise in recent years. In 2020 alone, the FBI’s Internet Crime Complaint Center received 791,790 complaints of suspected internet crime, resulting in an estimated $4.2 billion in losses. Furthermore, a survey conducted by Hiscox found that 60% of small businesses that experienced a cyber attack went out of business within six months.

Despite these alarming statistics, many business leaders still believe that their company is too small to be targeted by cyber criminals. This is a dangerous misconception, as cyber criminals often target small businesses specifically because they believe they are less likely to have proper cybersecurity measures in place.

Additionally, business leaders may be hesitant to discuss cybersecurity with their IT providers due to the assumption that proper cybersecurity measures will be too expensive for their budget. This too is a dangerous assumption, as the cost of a cyber attack can be far more damaging to a business than the cost of implementing proper cybersecurity measures.

WOM Technology Management Group understands the importance of affordable cybersecurity solutions for small businesses. That’s why we have developed our proprietary and exclusive offering, Confidence as a Service™, to tailor high-level and previously extremely expensive cybersecurity solutions to make them affordable to small businesses.

We also understand that time management is a critical concern for business leaders. That’s why we’ve built our delivery systems in a way that will save time in business leaders’ day-to-day schedules and help prevent catastrophic downtime due to cyber attacks in the future.

Businesses must be proactive about their cybersecurity measures in today’s digital age. The risk of a cyber attack is high and the consequences can be devastating. At WOM Technology Management Group, we are committed to helping small businesses protect themselves with affordable and effective cybersecurity solutions.