Article: Cyber Security - Returns on Investment
There is a significant financial benefit to implementing even the most basic cyber security measures in small and medium businesses. Studies show that compliance with standards such as NIST 800-171 can reduce a company's risk of loss due to cyber attack by 93%. At a time where 60% of all small businesses who suffer a cyber attack go out of business within 6 months, and the average cost of an attack is $148,000, it is vitally important for business owners to learn where they can most effectively place limited budgets to maximum effect…
AKA is a statewide, not-for-profit partnership who provides assistance and training to help manufacturers of all sizes grow and improve! We are the affiliate of the U.S. Department of Commerce NIST Manufacturing Extension Partnership (MEP) Program for the State of Kentucky.