The Average Data Breach Costs $4.88 Million – Is Your Business Prepared?
You don’t need to be a Fortune 500 company to be targeted by cybercriminals. In fact, small and mid-sized businesses are now the #1 targets for cyberattacks. Why? They’re often easier to breach—and more likely to pay a ransom.
Unlike large corporations that might absorb the cost, most small businesses would be devastated by a cyber incident.
According to the IBM Cost of a Data Breach Report 2024, the average cost of a data breach has soared to $4.88 million. This figure includes downtime, lost customers, legal fees, ransom payments, and long-term reputation damage.
The Cybersecurity Game-Changer: Endpoint Detection and Response (EDR)
The good news? Businesses now have access to advanced protection tools that catch cyberattacks before they cause damage—and EDR (Endpoint Detection and Response) is leading the way.
Think of EDR as a 24/7 digital security guard monitoring every activity on your business devices.
While traditional antivirus software only blocks known threats, EDR actively analyzes every login, file change, and unusual behavior. If something suspicious happens—like ransomware spreading or a login from an unusual location—EDR instantly isolates and stops it.
Why EDR is Essential in 2025
Cybercriminal tactics are evolving fast. Instead of breaking in, many now log in using stolen credentials, disguise malware as harmless files, or wait patiently for an employee to make one small mistake.
EDR neutralizes these threats before they cripple your operations.
Cyber Insurance Now Requires It
Many business owners don’t realize that cyber insurance providers are starting to require EDR for coverage eligibility. Without it, your claim could be denied—much like filing a fire insurance claim without having smoke detectors installed.
Protect Your Business Before It’s Too Late
If you’re unsure whether your company could survive a $4.88 million cyberattack, it’s time to find out—before the worst happens.
At BounceBack Solutions, we’ll evaluate your current security posture, identify vulnerabilities, and create a clear, jargon-free plan to protect your business.
Schedule your free cybersecurity assessment today—because “better safe than sorry” has never been more true.
