6 Things Startups Need to Know About Cybersecurity | AllBusiness.com

Companies will lose $400 billion to hackers this year.

On top of the financial costs, companies can lose intellectual property, personal data, hours of productivity, and consumer trust. What’s worse, companies often don’t even think about cybersecurity until it’s too late.

Not taking a proactive and thorough approach to securing your data and systems early in your startup journey could cause you to lose contracts and stall your growth. If you want to scale a B2B SaaS company quickly, you can’t afford to trip over data security issues. Otherwise, you’re preventing growth and leaving money on the table when big prospects dismiss you as “too risky.”

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