Why Endpoint Security is Essential for Every Business
In the hyperconnected digital landscape, cyber threats are evolving at an alarming rate, targeting businesses of all sizes. According to the IBM Cost of a Data Breach Report 2024, the average cost of a data breach reached $4.88 million, an increase of 10% increase over last year. Small and medium-sized enterprises (SMEs) are not spared—60% of SMBs close within six months of a cyberattack, according to the National Cyber Security Alliance. Moreover, MGM Resorts suffered a $100 million loss after a social engineering attack compromised their systems in 2023 (Reuters, 2023). These incidents highlight that endpoint vulnerabilities remain one of the biggest security risks for businesses today.