Facing the Surge: October is Cybersecurity Awareness Month

As our digital world expands, so do the risks. October is recognized as Cybersecurity Awareness Month, a time to highlight the importance of protecting businesses and individuals from escalating cyber threats. In 2025, this message is more urgent than ever. Ransomware attacks have surged by 126% in the first quarter alone, impacting nearly 60% of businesses in the past year. For many small business owners in New Jersey, navigating cybersecurity while running daily operations can feel overwhelming.

 

The High Stakes of Cybersecurity

 

The numbers are sobering. The average cost of a data breach in the U.S. has reached $9.36 million, while ransomware-related costs now range between $5.5 to $6 million. For businesses without strong protective measures, a single incident can mean devastating financial loss, legal liability, and lasting reputational harm.

 

Why Small Businesses Are at Risk

 

Nearly 43% of cyberattacks target small businesses, yet only 14% feel prepared to defend themselves. Without the proper protections, recovery can be nearly impossible—60% of small businesses close within six months of a major cyberattack. For New Jersey businesses, implementing a cybersecurity plan is not optional; it’s critical to survival.

 

Cloud Storage: Convenience and Risk

 

Cloud solutions offer flexibility, but they’re also vulnerable. In fact, 82% of data breaches involve cloud storage. To protect sensitive client or customer information, small businesses must adopt strong cybersecurity protocols, enforce multi-factor authentication, and ensure cloud systems are updated regularly.

 

Phishing: The Constant Threat

 

Phishing remains the number-one entry point for cybercriminals. With over 3 billion malicious emails sent daily—about 1.2% of all emails worldwide—employees are often the first line of defense. Ongoing training, awareness programs, and clear reporting procedures can drastically reduce exposure to phishing attacks.

 

Take Action This Cybersecurity Awareness Month

October is the perfect reminder to strengthen your defenses. Small businesses in New Jersey should prioritize:

• Reviewing cybersecurity policies and compliance requirements.

• Updating incident response plans.

• Training staff on identifying phishing and ransomware threats.

• Consulting with legal and cybersecurity professionals to ensure compliance with state and federal regulations.

At NextGenCounsel, we help New Jersey businesses understand their legal obligations surrounding cybersecurity, data privacy, and regulatory compliance. Protecting your business today is the best way to secure your tomorrow.

 

👉 Don’t wait for a breach to take action. Contact NextGenCounsel to review your cybersecurity and compliance strategy this Cybersecurity Awareness Month.