The media is full of news when cyber attacks on big, billion dollar companies expose millions of customers’ personal information. Attacks on smaller companies tend to fall under the radar screen, leading many to think they’re too small to attract hackers’ attention. This is a mistake because as bad publicity forces big companies to take steps to improve their cybersecurity, smaller companies are fast becoming targets of choice for hackers.
Over 50% of cyber attacks target small and midsize businesses.
The New York Times reported that more than half of all cyber attacks target small and midsize businesses (SMBs). The consequences of a breach that disrupts a small company’s operations—and cash flow—can be severe. As a result, many SMBs are planning to increase their IT budgets to counter these threats.
Despite bigger budgets, it’s hard for SMBs to handle cybersecurity on their own. The scope of the protection challenge is broad: Threats can target the business through a variety of channels including web apps, networks, endpoint devices and insider threats.
IT talent shortages leave gaps in cybersecurity coverage.
The challenges of protecting multiple threat vectors are compounded by the difficulties SMBs face building an IT staff deep enough to handle their security needs. Security professionals are in high demand and talent is scarce, forcing many SMBs to rely on IT generalists to handle security issues or look beyond IT for support. These factors and other are roadblocks to monitoring systems 24/7.
MSSPs bridge IT talent gaps.
A growing number of SMBs deal with their IT shortages by outsourcing cybersecurity to a managed security service provider (MSSP). This has several benefits, including:
- More time to focus on core business functions. Because data security is in the hands of an expert team, your own employees can focus on business operations and activities that more directly impact revenue.
- Access to extensive resources. Handling your own security means going it alone. With an MSSP, small businesses have access to the MSSP’s resources. The knowledge the MSSP shares about security risks can lead to better technology decisions. The MSSP’s knowledge of new risks and defensive methods help you optimize protection even as as threats change over time.
- Increased data security. The MSSP makes sure your data is fully protected. MSSPs offer a variety of services. These may include implementing and configuring firewalls, installing operating system-level security patches and anti-malware software, training employees to detect and avoid phishing attempts, and monitoring logs. All of these services add significant value to the defense of a small business’s IT systems.
- The company will be prepared for an incident. No security measures can guarantee that a breach, or a breach attempt, won’t happen. By working with an MSSP, you can develop an incident response plan and prepare itself to react when an incident occurs.
- Protection against other threats. Managed security includes making sure you can recover from data loss — whether to malware that corrupts files, or ransomware that encrypts them to deny your access. By having a reliable backup and recovery process created as part of your security measures, your business also gains protection against other kinds of data loss, including hardware failures and employee errors.
The best MSSPs offer best-in-class cybersecurity technology.
If you choose to work with an MSSP and outsource your information security, work with a partner that has access to best-in-class technology. Infogressive is focused on one thing: Information security. Our team, with our MSSP, can help you identify your biggest threats and create a defense-depth infrastructure to prevent them with market-leading technology from our partners whose solutions have been widely validated by industry analysts, independent testing labs and business organizations worldwide.