78% of U.S. Businesses Attacked in the Past Year
Human Error Contributes to Nearly 95% of Successful Cyberattacks
It’s not a matter of “if,” it’s a matter of “when.”
From the simplest transactions and information exchange to the most complex systems and software, every business is exposed to cyber risk. The implications from a website hack, a breach of personal data, or a ransomware shutdown extend far beyond the headaches caused by restoring systems. Negatively impacted revenue, degraded productivity, eroded consumer confidence, increased regulatory scrutiny, and potential legal liability, which can involve class actions, are the very real results of cybercrime.
- $8.64 million: Average U.S. data breach cost
- 308 days: Average time to identify and contain an attack
- 1 ransomware attack every 11 seconds
- 21 days: Average ransomware downtime
- 30,000 websites attacked daily
- Increased fines nationwide for privacy violations
The best plan of attack? Don’t wait for an occurrence.
Burr & Forman’s Cybersecurity & Data Privacy team guides clients in developing and implementing strong, preventative cyber strategies. Our approach is rooted firmly in the philosophy that the best plan is one that already exists.
Companies with a practiced cyber incident response typically incur half the recovery costs as those who operate without one.
Burr & Forman’s deep bench of experienced attorneys helps companies of any size develop physical, administrative and technical strategies that can mitigate the most severe cyber damages. We help businesses cover areas such a threat identification, employee awareness and training, secure access, safe password and software usage, personal data protection, social media exposures, incident reporting protocols and technical solution sets.