Why Every Small Business Needs an Incident Response Plan (And How to Build One)
Small businesses are increasingly in the crosshairs of cybercriminals. According to the 2024 Verizon Data Breach Investigations Report (DBIR), over 60% of small businesses experienced at least one cyberattack in the past year, with ransomware and credential theft among the top threats. Alarmingly, 95% of breaches affecting small businesses were financially motivated, showing that cybercriminals see small businesses as lucrative targets due to their often weaker security postures. Despite these risks, many small businesses lack the necessary Incident Response Plan (IRP) to mitigate attacks effectively.
