Intellectual Property Theft
Small businesses often underestimate the value of their intellectual property (IP), which may include proprietary software, unique product designs, or trade secrets. Cybercriminals with the intent to gain a competitive edge or sell stolen information on the dark web pose a significant threat. For instance, a tech startup neglecting cybersecurity might find its innovative codebase compromised, paving the way for a competitor to replicate its groundbreaking software.