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SMBs Raise Prices Post-Breach Due to Cyber Threats

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A study by the Identity Theft Resource Center (ITRC) reveals that 81% of US small businesses experienced a data or security breach in the past year, with 38% raising prices as a result. The report highlights the economic impact of cyber threats, termed a "hidden cyber tax," and warns of the increasing use of AI in cyber-attacks. The study also notes a disconnect between small business leaders' confidence in their cyber-resilience and their actual adoption of security controls.

Timeline

  1. 11.12.2025 11:45 1 articles · 4h ago

    ITRC Report Reveals Economic Impact of Cyber Threats on SMBs

    The Identity Theft Resource Center (ITRC) published its 2025 Business Impact Report, highlighting that 81% of US small businesses experienced a data or security breach in the past year. The report notes that 38% of these businesses raised prices as a result, describing this as a "hidden cyber tax." The study also warns of the increasing use of AI in cyber-attacks and a disconnect between small business leaders' confidence in their cyber-resilience and their actual adoption of security controls.

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