State of Cybersecurity for SMBs in 2021
14
Apr

State of Cybersecurity for SMBs in 2021

State of Cybersecurity for SMBs in 2021

2020 has been a worldwide crisis. Every business was impacted by COVID-19 and is still recovering. During this period average data breach cost has reached $3.86 million (IBM). Last year has tested the limits of businesses and their Managed Service Providers (MSPs). MSPs are trying their best to fulfil customer needs and keeping their business run efficiently.

SMBs have now recognized the potential of MSPs. They are looking forward to investing more in their security management. 86% of SMBs consider cybersecurity as a top priority for their business (Connectwise).

Small businesses are an Easy target for Attackers

Your business can be next to get violated by hackers. Businesses with employees 1-500 qualify as SMBs.

43% of SMBs do not possess any cybersecurity plan (Cision). One in five SMBs does not prioritize security or use any cyber defence plan. They either ignore it or are unaware of its importance. Small businesses are a vital part of the economy not only in New York but
in the whole U.S.

Small business lacks security resources. Being small scale, they can either focus on business or its security. It is not possible to maintain an in-home IT for SMBs to run and maintain effectively. Therefore, usually, SMBs outsource these
services from MSPs.

MSPs or MITS (Managed IT services) are packed up with advanced security services to backup security. They offer certain services like MITS, MSS (Managed security services), MDR (Managed Detection and response). Risk management and Disaster
Recovery. All these services are offered based on business needs.

MSPs are a reliable partner for SMBs Cybersecurity

It’s critical that SMBs address that they are not immune to cyber threats. Cybersecurity threats for SMBs are real. Hence, they must take necessary countermeasures to protect their businesses. In doing so MSPs can play a vital role in boosting
their security. MSPs can prove to be their reliable partner.

Hiring MSPs will reduce the burden and cost of maintaining in-home IT. While MSP services can be obtained at a minimal price with visible results.

Every business has distinct goals and objectives. Hence, businesses must consult MSPs about their needs so MSPs can suggest better ways to strengthen their security.

MSPs provide Information Security Policy (ISP) for small businesses. It enables you to encrypt your information and defend it from attackers.

An effective ISP to counteract cyber threats for SMBs is known for:

  • Reducing cost: An ISP effectively minimizes the risk of a large-scale breach and its financial impacts on your business.
  • Image building: A sturdy ISP strengthen your brand image and establish trust between your customers
  • Total security: It provides all the information at your figure-tips from all your devices. You can access, manipulate &, protect all your sensitive data.
  • Smooth workflow: A robust ISP systematic application makes it easy to manage data between your employees and customers.

10 Benefits of Hiring an MSP and Protecting Your Business

There are certain benefits that you receive by hiring a MSP. It will help you boost your productivity and workflow. IT support plays a crucial role in the seamless functioning of your business. Here are 10 benefits that you’ll receive by implementing
MSP services in your business.

  • 1. The low maintenance cost of your IT equipment.
  • 2. Secure environment for your business.
  • 3. Pro-active and on-demand support to counter every minor issue.
  • 4. Single-end support for all your IT needs.
  • 5. Better workflow with peace of mind.
  • 6. Active detection and response against all threats
  • 7. 24×7 helpdesk support
  • 8. Expert staff with security-specific skills for threat intelligence and incident
  • 9. MSP takes full responsibility for what and how threats are eliminated
  • 10. Cutting-edge technology to identify, analyze, investigate, and threat response.

It’s Easy to Hire One

Choosing the right partner for your organization can be confusing. But it’s simple with us. With AdvancedTechCo., you can implement MSPs services on the go and boost your business security. Reach us, our team will guide
you with the best possible framework for your business effortlessly.

Get Free Expert Tips