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Shocked businessman looking at calculator showing total loss of $4,880,000 with cyber attack icons.

The Average Data Breach Now Costs $4.88 Million – How Much Would It Cost You?

August 11, 2025

Contrary to popular belief, you don't have to be a large corporation to face a devastating cyberattack. Today, small businesses are the prime targets for hackers because they often have weaker defenses and are more likely to pay ransoms.

While a Fortune 500 company might weather the financial storm of a cyber breach, most small businesses simply can't absorb those losses.

According to IBM's Cost Of A Data Breach Report 2024, a typical data breach can cost a staggering $4.88 million. This figure includes downtime, lost clients, legal expenses, ransom payments, and damage to your brand's reputation.

Intimidating, isn't it?

But there's hope. A groundbreaking solution is empowering businesses like yours to detect cyberattacks before they can cause harm, revolutionizing how we protect digital assets.

A Smarter, Proactive Defense

This cutting-edge technology is known as endpoint detection and response (EDR). You don't need to memorize the name, but you should understand its powerful capabilities.

Think of EDR as a vigilant digital guardian constantly monitoring your devices.

Unlike traditional antivirus systems that only recognize known threats, EDR continuously watches every activity on your workstations — every login, file alteration, and unusual behavior. When it detects suspicious activity, such as ransomware propagation or unusual login locations, EDR immediately intervenes to neutralize the threat.

Why EDR is Crucial in Today's Cyber Landscape

Cybercriminals have evolved. They don't rely on simple break-ins anymore. Instead, they use stolen credentials, cloak malware as regular files, and wait for the smallest error from your staff to launch attacks.

EDR puts a stop to these threats instantly — protecting your business from potential ruin.

More Than Just Smart — A Must-Have

Here's an eye-opener: many cyber insurance policies now require businesses to implement tools like EDR. Without it, your insurance may refuse to cover breach damages. It's like trying to claim a fire loss without a smoke detector.

Is Your Business Truly Protected?

If you're uncertain, let's connect. We'll help you identify essential security measures and ensure your business isn't an easy target.

It's always better to be safe than sorry — especially when the cost of "sorry" could be catastrophic.

Are you ready to assess if your business could withstand a $4.88 million cyberattack? Don't risk learning the hard way. Click here or give us a call at (502) 473-9330 to schedule a free 15-Minute Discovery Call with our team today. We'll evaluate your current cybersecurity setup and expose any vulnerabilities — no confusing jargon, no pressure, just straightforward guidance.