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

Don't think only large corporations face devastating cyberattacks. In reality, small businesses are now the prime targets for cybercriminals because they present easier access and a higher likelihood of paying ransoms.

Unlike Fortune 500 companies that might absorb the cost of a breach, most small businesses are financially vulnerable.

IBM's Cost Of A Data Breach Report 2024 reveals that the average data breach costs a staggering $4.88 million. This sum covers downtime, customer loss, legal expenses, ransom payouts, and damage to your brand's reputation.

It sounds alarming—but there's a powerful solution making a difference for businesses like yours.

Introducing a Smarter Cyber Defense

Meet endpoint detection and response (EDR), a cutting-edge technology designed to identify cyber threats before they escalate. You don't need to remember the term—just know how it protects you.

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

Unlike standard antivirus software that defends against known attacks, EDR tracks all activity: every login, file modification, and unusual behavior. When it detects suspicious actions—like ransomware spreading or unauthorized access from unknown locations—it immediately intervenes to neutralize the threat.

Why EDR Matters More Than Ever

Cybercriminals have evolved beyond old tactics. Now, they exploit stolen credentials, hide malware in ordinary files, and wait patiently for one employee error to strike.

EDR halts these advanced threats in their tracks, protecting your business before damage occurs.

Not Just Smart—Increasingly Essential

Many business owners don't realize that cyber insurance policies are beginning to require tools like EDR. Without EDR, your insurance may deny coverage after a breach—similar to filing a fire claim without a smoke detector.

Is Your Business Truly Protected?

If you're uncertain, we're here to help. We'll guide you through what's necessary and what's not, ensuring your business isn't an easy victim.

It's always better to be cautious than face potentially ruinous consequences.

Want to find out if your business is prepared to withstand a $4.88 million cyberattack? Don't wait to discover the hard way. Click here or call us at 801-997-8000 to book a free 10-Minute Discovery Call with our experts today. We'll review your cybersecurity setup, pinpoint vulnerabilities, and provide straightforward advice—no confusing tech talk, no pressure, just clarity.