Endpoint security, or endpoint protection, helps protect endpoints from malicious actors and exploits.
Cybercriminals target endpoints because they are doorways to corporate data and by nature vulnerable to attack. They are outside network security and dependent on users to put security measures into place—leaving room for human error. Protecting endpoints from attack has become more challenging as the workforce becomes more distributed, with office-based, remote, and hybrid workers using more devices from anywhere in the world.
Businesses of all sizes are vulnerable. Forty-three percent of
cyberattacks involve small businesses, according to a Verizon Data Breach Investigations Report.
1 Small businesses are prime targets because they can be entry points for criminals to penetrate even larger companies, and they often don’t have cybersecurity defenses in place.
Endpoint security is essential because data breaches are costly, devastating ordeals for enterprises. The average cost of a data breach is $4.24 million globally and $9.05 million in the United States, according to the Ponemon Institute’s "Cost of a Data Breach Report 2021” (Commissioned by IBM). Breaches involving remote work cost an average of $1.05 million more. Most breach costs—38%—are due to lost business, such as customer turnover, lost revenue due to system downtime, and the cost of acquiring new business due to tarnished reputation.
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