A hacked WordPress site can cause serious damage to your business revenue and reputation. Hackers can steal user information, passwords, install malicious software, and can even distribute malware to your users.
Worst, you may find yourself paying ransomware to hackers just to regain access to your website.
In March 2016, Google reported that more than 50 million website users have been warned about a website they’re visiting may contain malware or steal information.
Furthermore, Google blacklists around 20,000 websites for malware and around 50,000 for phishing each week.
If your website is a business, then you need to pay extra attention to your WordPress security.
Similar to how it’s the business owners responsibility to protect their physical store building, as an online business owner it is your responsibility to protect your business website.