SMBs face growing cyber threats—with global costs topping $10.5T by 2025 and data breach losses nearing $4.9M. See how We Do IT keeps you protected.

Introduction

Cybersecurity is the difference between just getting by—or shutting your doors for good. Small and mid‑sized businesses (SMBs) often believe hackers only target big brands. In reality, 43% of all cyberattacks are aimed at SMBs (Verizon, BD Emerson, Investopedia).

At the same time, the global cost of cybercrime is projected to reach $10.5 trillion annually by 2025 (DeepStrike). For small businesses, even one breach can be catastrophic.

According to IBM, the average cost of a data breach in 2024 was $4.88 million (IBM). For an SMB, that’s enough to jeopardize future operations—especially considering that 60% of those hit by breaches close within six months (BusinessDasher).

The Rising Cost of Cybercrime

Cybercrime isn’t slowing down. From just $3 trillion in 2015, the projected global damage has surged to $10.5 trillion per year by 2025 (Cybercrime Magazine).

Aside from the breach itself, businesses face:

• Operational downtime and lost productivity
• Reputation damage, losing customer trust instantly
• Regulatory penalties if data protection laws are breached

Bottom line: Investing in cybersecurity now saves far more than it costs later.

Why Hackers Target Small Businesses

SMBs are often seen as “easy targets” because of:

• Outdated systems and missing patches
• Weak or reused passwords
• Lack of staff training on phishing
• No ongoing monitoring or dedicated IT security staff

Example: A Tennessee accounting firm recently fell prey to a phishing scam—losing client tax data and triggering a costly compliance audit.

Myth: “We’re Too Small to Be a Target”

This is the most dangerous misconception. Data shows 43% of cyberattacks target small businesses (BD Emerson, Wikipedia, Table Media). Hackers often use compromised SMBs as stepping stones to infiltrate larger companies.

The Human Element: Your First Line of Defense

Most breaches start with human error—opening phishing links, clicking on malicious attachments, or responding to fraudulent messages. Employee training is as crucial as any firewall.

Pro Tip: Conduct phishing simulations every quarter to strengthen employee awareness.

How We Do IT Safeguards Your Business

At We Do IT, we protect SMBs with:

• In-depth cybersecurity audits & risk assessments
• Phishing simulations & employee training
• 24/7 monitoring & threat detection
• Regulatory compliance support (e.g., HIPAA, PCI‑DSS, GDPR)
• Proactive patching & endpoint protection

Final Thoughts

In 2025, cybersecurity isn’t just smart—it’s survival. With global cybercrime set to hit $10.5 trillion and SMBs bearing the brunt of attacks, taking action now is essential.

Investing in solid protections isn’t optional—it’s vital for protecting your business, clients, and reputation.

👉 Ready to safeguard your future? Contact We Do IT today for a cybersecurity consultation.

Trusted Sources

• Global Cybercrime Cost: Projected at $10.5 trillion in 2025 (PhishingBox)
• Data Breach Cost: Average $4.88M in 2024 (IBM)
• SMB Attack Rate: 43% of all attacks target small businesses (BD Emerson)
• SMB Closure Rate: 60% shut down within six months post‑breach (BusinessDasher)