Protecting the US Economy
in annual losses to the US economy due to cybercrime as of 2020
projected US cybersecurity spending by 2024
of cyber attacks are on small businesses in the United States
of small businesses in the United States shut down within 6 months of a data breach
We're not just securing businesses anymore. We're securing OUR ECONOMY.
At North Bridge, we see it as our mission to protect the overall US economy by fighting cybercrime. Cybercrime poses a significant threat to the US economy, as it can lead to financial losses for individuals, businesses, and the government, as well as damage to the country’s reputation and international relations. By providing comprehensive cybersecurity solutions and compliance services, we help businesses and organizations prevent cybercrime and safeguard their sensitive data.
Our work in protecting small businesses from cybercrime is particularly critical, as these businesses are the backbone of the US economy. When small businesses suffer financial losses due to cybercrime, it not only impacts the individual businesses but also the local communities and the overall economy. By protecting small businesses from cybercrime, we are helping to strengthen the US economy as a whole.
Furthermore, our efforts to prevent cybercrime also contribute to national security by protecting critical infrastructure, government systems, and sensitive data from cyber threats. By working together to fight cybercrime, we can ensure the security and stability of the US economy and protect the country’s interests both at home and abroad.
Do You Have a False Sense of Cyber Security?
There are many common misconceptions about cyber crime and cyber security that can lead business leaders to believe they are fully protected and have a false sense of cyber security.
Are any of these misconceptions part of your thought process?
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North Bridge plays an important role in protecting organizations from cybercrime and data breaches, which in turn provides significant benefits to the US economy. Cybercrime is a major threat to the economic stability of the country, and the consequences of successful cyberattacks can be devastating for businesses, individuals, and the government. As a cybersecurity and compliance company, North Bridge works tirelessly to safeguard businesses and organizations against cyber threats, providing them with the tools and expertise they need to stay secure and compliant.
One of the key ways in which North Bridge helps to protect the US economy is by mitigating the financial losses that can result from cybercrime. According to a 2020 report by Accenture, the average cost of a cyberattack for a US organization was $27.4 million, representing a significant financial burden for businesses. By implementing robust cybersecurity measures, North Bridge helps organizations to prevent successful cyberattacks and reduce the risk of financial losses.
Moreover, North Bridge’s work in protecting organizations from cybercrime also helps to preserve the reputation and public trust of businesses and government institutions. Successful cyberattacks can lead to negative publicity, loss of customers and clients, and damage to a company’s reputation. By preventing cybercrime, North Bridge helps to maintain the integrity and trustworthiness of organizations, which is vital for the long-term stability of the US economy.
North Bridge’s efforts also contribute to national security by protecting critical infrastructure and sensitive government data from cyber threats. Successful cyberattacks against government institutions or critical infrastructure can have far-reaching consequences, including damage to the economy and threats to public safety. By working to prevent cybercrime, North Bridge helps to safeguard the country’s infrastructure and data, which is essential for maintaining national security and promoting economic stability.