Think data breaches only happen to large corporations?
Think again.
Today, small businesses are the top targets for cybercriminals. And unlike the big players, most small companies don’t have the resources to absorb the fallout.
According to IBM’s 2024 Cost of a Data Breach Report, the average cost of a single breach is $4.88 million. That includes downtime, lost revenue, customer churn, legal expenses, regulatory fines, and reputational damage.
If you’re not sure how your business would recover—or if you could recover at all—it’s time to take a closer look at your defenses.
Why Small Businesses Are the New Favorite Target
Hackers go where the odds are in their favor. And small businesses:
- Tend to have fewer security tools in place
- Rely heavily on their systems for daily operations
- Are more likely to pay ransoms to recover data or resume business
- Often underestimate their exposure to compliance violations
The result? More attacks, more losses, and more closures.
The Tool That’s Changing the Game: EDR
One of the most effective technologies helping businesses catch threats before they cause damage is Endpoint Detection and Response (EDR).
You don’t have to memorize the acronym—just understand what it does:
EDR monitors every activity on your business devices in real time.
While antivirus software reacts to known threats, EDR analyzes behavior. It watches for anything suspicious—like a login from an unfamiliar location, files being encrypted without warning, or unusual access patterns—and responds immediately.
Think of it as your 24/7 digital security guard.
Why Traditional Antivirus Isn’t Enough
Cyberattacks have evolved. Today’s threats are:
- Stealthier (disguised as routine software or emails)
- Faster (ransomware can spread across networks in minutes)
- Smarter (using real login credentials instead of brute force)
Antivirus tools may miss these modern tactics because they rely on known virus signatures. EDR doesn’t wait to recognize a threat—it acts based on behavior.
That difference can mean stopping an attack before it ever takes hold.
EDR Is Becoming a Cyber Insurance Requirement
Cyber insurance providers are tightening their requirements. Many now demand businesses have:
- Multifactor authentication (MFA)
- Data backup and recovery plans
- EDR or similar advanced threat detection tools
Without these in place, your claim could be denied after a breach—even if you’ve been paying your premiums. It’s the digital equivalent of filing a fire insurance claim without ever installing a smoke alarm.
Is Your Business Really Protected?
If you’re not confident in your current setup, it’s worth a second opinion.
At Titan Technologies, we help small businesses across Central New Jersey:
- Identify weak points in their cybersecurity posture
- Implement effective, modern tools like EDR
- Meet the requirements of cyber insurance providers
- Create realistic, affordable plans for ongoing protection
Don’t Find Out the Hard Way
A $4.88 million breach could put most small businesses out of commission.
Before that happens, let us help you find and fix the gaps in your cybersecurity. We’ll show you what’s missing, what’s working, and how to improve—with no jargon, no pressure, and no guesswork.
Schedule your FREE Cybersecurity Assessment today at www.TimeForTitan.com or call 732-972-6665.