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$4.88 Million for a Data Breach?! What Would It Cost You?

Written by Connections for Business | Aug 11, 2025 1:00:00 PM

You don’t need to be a giant company to get hit by a cyberattack. In fact, small businesses are now favorite targets for hackers. Why? Because they’re usually easier to break into—and more likely to pay up.

A big corporation might survive a cyberattack. But for a small business? It could be game over.

According to IBM’s 2024 Cost of a Data Breach Report, the average breach now costs $4.88 million. That includes downtime, lost customers, legal fees, ransom payments—and the lovely bonus of a damaged reputation. Yikes.

But here’s the bright side: There’s a smart new tool that’s catching hackers before they do serious damage. And it could be a game-changer.

Meet Your Digital Security Guard: EDR

This superhero software is called endpoint detection and response, or EDR for short. Don’t worry about the name—just know what it does.

Think of EDR as a super-alert security guard who never sleeps. While regular antivirus software only blocks known threats, EDR keeps an eye on everything—logins, file changes, weird behavior. If something shady starts happening (like ransomware spreading or a login from who-knows-where), EDR jumps in and shuts it down.

Why You Need It Now More Than Ever

Hackers aren’t just smashing doors anymore. Now, they log in using stolen passwords. They hide malware inside normal-looking files. They wait for someone to click the wrong thing—and that’s all it takes.

EDR doesn’t wait for disaster. It spots the danger signs and acts fast.

Bonus: Your Insurance Might Require It

Surprise! Many cyber insurance companies now want you to have EDR in place. No EDR? They might not cover your claim. It’s like filing a fire insurance claim without having smoke detectors. Not a great plan.

So… Is Your Business Protected?

Not sure? Let’s find out together. We’ll help you figure out what security you need (and skip the stuff you don’t). No tech-speak, no scare tactics—just real talk.

Because “better safe than sorry” really hits different when “sorry” could cost millions.

Want to know if your business could survive a $4.88 million cyberattack? Let’s not test it the hard way. Book a free discovery call with us today and get some real peace of mind.