According to research by Cyber Security Magazine, 43% of all data breaches involve small and medium-sized businesses. (Photo: Gorodenkoff Productions OU/Adobe Stock) Research from Cyber Security Magazine found that 43% of all data breaches involve small- and medium-sized businesses. (Photo: Gorodenkoff Productions OU/Adobe Stock)

The ever-escalating frequency and severity of cyberattacks are becoming impossible to miss, with this year seeing mega breaches and record-breaking ransomware demands. These included attacks on the Colonial Pipeline Company, JBS US, and Ireland's Health Service Executive — events estimated to have cost each tens of millions of dollars, with the final total possibly reaching even higher.

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