What Are the Risks of Not Investing in Cybersecurity?
Failing to prioritize cybersecurity can result in severe repercussions for any startup or small business. These risks include financial loss, legal liabilities, damage to reputation, and even business closure. Cyber attacks can disrupt operations, leading to lost revenue and additional costs for recovery. Moreover, entrepreneurs could face legal action if sensitive customer data is compromised, further jeopardizing their business growth and sustainability.