In late 2019, CNBC.com reported that cyberattacks now cost businesses of all sizes about $200,000 per incident, on average. This represents a dramatic increase in the average cost of a data breach, especially for small to midsize businesses (SMBs).
With all the discussion around cybercrime and phishing attacks, we know that pesky Nigerian princes or long-lost millionaire relatives are out to steal our money. We probably don’t suspect the ATM at the convenience store down the street. Unfortunately, ATMs and points of sale aren’t always safe, as more and more thieves are using credit card skimmers to steal credit card information.