Securing your Data
Why Your Business Needs Security Services
Not maximizing Cybersecurity for your business is basically the same as locking your front door after a burglar has already ransacked your house. With the help of a managed service provider that also provides security services, you can stay ahead of most security threats.
Ransomware, Trojans, Phishing, crypto mining, are terms that regularly make the news these days and impact both the businesses as well as consumers. Yet there is no solution that can guarantee 100% security. To the cybercriminal, it’s like a cat and mouse game between them and their target – YOU. For instance, among the most common threats are Password theft and password-based breaches. Going into 2020, these types of threats will only continue to grow in volume and sophistication.
Partnering up with a trusted Managed Services and Security Provider can help you stay on top of these evolving threats. For a small monthly cost, they become your eyes and ears to potential cyber threats and system downtime by monitoring and identifying potential vulnerabilities before they happen, saving you money, time and potential loss of business.
You have your business to run, Managed Services providers have theirs, which is to stay on top and know the latest and greatest technologies and methods, for system monitoring and cybersecurity. You mind your business and the MSPs mind the technology used to run your business and keep you running and cybercriminals out.
Key Takeaways:
The MSSP’s proactive approach can keep your system productive and save your data from breach devastation. Financial damages to the individual or business can be minor, like $700.00 or for a business these can run into the thousands or even millions. Imagine if your critical
customer or business data was encrypted by a cybercriminal and became unavailable to you. A recent survey by Small Business Trends reveals some scary statistics:
- 43 percent of cyber-attacks target small
- Only 14 percent of small businesses rate their ability to mitigate cyber risks, vulnerabilities, and attacks as highly
- 60 percent of small companies go out of business within six months of a cyber-
- 48 percent of data security breaches are caused by acts of malicious intent. Human error or system failure account for the rest.
- Small businesses are most concerned about the security of customer data.
Those costs aren’t the only risk of a data breach, though. Your business also risks:
- Theft of international property
- Loss of competitive advantage
- Damage to brand reputation
- Customer churn
- Regulatory fines if your business requires you to be HIPPA
The risk of cybersecurity threats is always shifting. You might be at risk from targeted attacks against your employees (e.g. faked business email communications), ransomware (holding your data hostage), or other advanced threats.
No matter your business size or industry, you are at risk. It’s that simple.
Want to learn more? Give us a call today at (941) 240-2675.
