The majority of us find the near constant barrage of spam email irritating. In fact, spam accounts for 45% of all emails sent. It’s an undisputed fact that it’s a nuisance…but it’s also incredibly costly. Reportedly, 76% of companies fell victim to phishing scams in 2016 (and these are just the organisations that owned up to it). Taking these shocking statistics into account, it’s important to ask, are you aware of the true cost of spam email?

A successful security breach

According to a study conducted by the Ponemon Institute in 2018, the average cost of a data breach for a business globally is $3.86 million. For a smaller business, the figure might be a lot smaller but potentially financially crippling.

Reputational damage

From a long-term perspective, it’s impossible to calculate how much money could be lost through the reputational damage of a cybersecurity breach. For existing and future clients and customers, the loss of trust can be irreparable. Can your organisation be trusted with their sensitive data or should they take their custom to a business that can?

Time lost

It’s important to consider the time wasted dealing with spam. Whether it’s yours or your employees, that time lost is, in turn, losing you money. It’s estimated that the average email user receives around 21 spam emails a day and it takes, on average, 16 seconds to deal with each of these. 16 seconds on its own might seem minuscule, but multiply that by 21 every day, then by the total number of email users in your organisation and you’ll start to understand the scale of the problem.

How can you protect your business and save money?

Implement a professional anti-spam software such as MailCleaner. MailCleaner’s gateway effectively defends your business against viruses and eliminates up to 99% of spam before it can reach yours or your employees’ inboxes. This prevents any time being wasted reading and disposing of spam email.

Contact MailCleaner today to find out more about how we can protect your business and start your 30 day free trial.