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In 2023, the FBI's Internet Crime Complaint Center received over 880,000 complaints with potential losses exceeding $12.5 billion — a nearly 22% increase in losses over the previous year. A staggering share of those complaints came from small and midsize businesses. I've spent years helping
In 2020, a 10-person insurance agency in Oregon lost $285,000 in a single business email compromise attack. The threat actor spoofed the owner's email address, sent a wire transfer request to the bookkeeper, and the money was gone in 47 minutes. No malware. No Hollywood hacking. Just
In 2020, the FBI's Internet Crime Complaint Center received 791,790 complaints — a 69% increase over 2019 — with reported losses exceeding $4.2 billion. Small businesses absorbed a disproportionate share of that damage. The Verizon 2020 Data Breach Investigations Report found that 28% of data breaches involved small
The Breach That Cost a 12-Person Company Everything In 2023, a small accounting firm in Sacramento lost access to every client file it had. A single employee clicked a link in what looked like a DocuSign notification. Within four hours, ransomware had encrypted the entire network. The ransom demand was
