Hold on to your hat. The average cost of a data breach is now $4.4 million in 2025. Let that sink in for a minute—that’s the average cost. And believe it or not, that’s an improvement over last year.
Many small and medium-sized businesses think they’re safe from cyber criminals who target large companies. That’s simply not the case. A 2025 survey by Mastercard of more than 5,000 small and medium-sized businesses revealed that 46% have experienced a cyber-attack. Even more shocking, nearly 20% experience an attack that led to bankruptcy or closing permanently.
Small and medium-sized businesses (SMBs) face the same threats as the world’s largest companies, but without the budgets, resources, or dedicated teams. In fact, more than half of SMBs surveyed said a financial loss from a cyber-attack costing $50,000 in damage would force them to shut down. About a third said they were at risk for closure from losses as little as $10,000.
Xobee Networks, the premier Managed IT Support tech experts across California, is today announcing a strategic partnership with South Coast Computers — a well-established technology solutions provider based near Anaheim, California. South Coast Computers has been a beacon of reliable, fast, and affordable technology for clients in the Southern California region for many years, and now joins the Xobee Networks family of brands.
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