Cybercrime is projected to cost $10.5 trillion annually by 2025, dwarfing the $1.875 trillion cost of US natural disasters over 40 years. Many businesses operate under dangerous myths — that a single security product is sufficient, that small businesses aren't targets, or that dealing with a breach is cheaper than prevention. IBM data shows the average breach cost $4.24M in 2021. A layered security approach combining automated tools with human threat hunters is recommended, as no single tool can cover all attack vectors. Hiring full-time security analysts averages $125K+ and comes with high turnover, making managed security solutions a cost-effective alternative.
