60% of Hacked Small Businesses Fail. How Reliable Is That Stat?

Legislation to Aid Small Firms to Thwart Cyberattacks Advances In House
The figure sounds alarming, 60 percent of small companies went belly up within six months of a breach. And that stat was repeated several times by lawmakers as a House panel debated – and approved – a bill aimed at helping small businesses battle hackers. But is that number true?

Source: BankInfoSecurity.eu RSS Syndication @ May 3, 2017 at 04:29AM