Small businesses are highly vulnerable to cyber threats, with 61% targeted by attacks and 75% at risk of shutting down if hit with ransomware. By 2025, global cyberattacks are projected to cost $10 trillion annually . Breaches often stem from stolen credentials, human error, or malware, with the average breach taking nine months to detect and contain. Alarming stats show 80% of hacks involve compromised passwords, 86% of web app attacks come from stolen credentials, and 40% of SMBs lose critical data. To reduce risks, businesses should adopt cloud backups, MFA, firewalls, spam filters, and strict access controls.

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