Data breaches are not just an IT problem – they are a business crisis. The financial and reputational damage can be devastating. Here’s what you need to know about the real cost.
Direct financial losses
According to recent studies, the average cost of a data breach for a small‑to‑medium business in the UK now exceeds £3 million. This includes regulatory fines, legal fees, forensic investigations, and customer compensation.
Reputational damage
68% of customers say they would stop using a company that suffered a breach. Rebuilding trust takes years – and often requires expensive marketing campaigns to repair brand perception.
Operational downtime
The average downtime after a ransomware attack is 21 days. During that period, revenue stops, employees are idle, and supply chains are disrupted. For many SMEs, this is fatal.
Proactive security is cheaper
Investing in managed security services, regular audits, and employee training costs a fraction of a breach. At JPW TECH, we help clients implement robust security measures that prevent incidents before they happen.
Don’t wait for a breach to take security seriously. Contact us for a free security assessment.