After the financially difficult year that 2020 was for many businesses and industries, there are a lot of CFOs and financial decision makers who are rightly concerned about how their SMBs (Small- to Mid-Sized Businesses) will fare if 2021 turns out to present more challenges. Many of them are fatigued by the tough decisions they have already had to make regarding cutbacks and layoffs. The insecurity of the present time is, unfortunately, also causing many businesses to take their eyes off of their security, as ironic as that may seem.
SMBs are Primary Targets for Cyber Attack
While budgets are being cut to compensate for reduced revenue, network security needs are suffering. Meanwhile, cyber threat syndicates are milking this crisis. They know that SMBs are dialing back their investment into data and network security. SMBs are also considered vectors into larger enterprise networks, since SMBs make use of third-party applications as a cost-saving measure. As a result, SMBs are often the first target of a cyber attack because criminals know that smaller businesses are more vulnerable and relatively easy to compromise. Which, incidentally, also makes SMBs profitable targets of ransomware attacks.
Obstacles and Goals for Most SMBs
SMBs often feel they are not able to invest in complete security resources and staff because of all the obstacles that stand in their way:
- Limited budget
- Evolving threat landscape
- Unbridled cybercrime syndicates
So how can Small to Mid-sized businesses cope with so many threats? They need an affordable avenue for obtaining a solution that includes:
- Endpoint security
- Data security and backups
- Secure network access
- CISO-level services that ensure policies, compliance,
and other features of best network practices are continuously in place.
The question then becomes, how to afford comprehensive security?
A Virtual CISO and IT Department for Limited Budgets
An MSSP (Managed Security Services Provider) is able to do for SMBs what CISOs and IT departments are able to do for enterprise-level organizations. An MSSP is able to provide all the security implementation and CISO services a business needs to function efficiently and with maximum security, but at a cost that is justifiable in a small- to mid-sized business budget.
If you are considering how to give your business better network security, we encourage you to give us a call at (281) 651-2254. MSSPs make virtually secured SMBs, which provides access to all the security elements a business needs.
An ounce of prevention is worth a pound of cure, as they say. Improving network security systems is an investment price that is dwarfed when compared to remediation costs, should your network be breached and exploited due to security and vulnerability issues.