How Cyber Resilience can Protect Your Small Business
We pretty regularly see small and mid sized businesses that decide not to invest heavily in cybersecurity. They do this for a variety of reasons, but one truth remains: this decision makes them easier targets for cybercriminals and hackers. Nearly 30% of businesses experience a cyberattack at least once per week.1
The need for a strong defense against and awareness of hackers has caused many small and mid sized businesses to somewhat complicate their cybersecurity. Though more businesses now have formal incident response plans (up from 18% in 2015 to over 25% now in 2021), those businesses’ ability to actual respond to and completely contain an actual attack has dropped by 13%.2 Why is this? We believe there are many factors, but two key reasons is (1) because businesses are not testing their threat-readiness on a regular basis and (2) they are using too many, or incorrect security products that actually hamper their ability to correctly respond to and identify a cyberattack.
Having a strong cyber resilience strategy can help businesses protect their business, uptime, and ensure that they will recover from such incidents quickly and without data loss. You may think that the terms “cybersecurity” and “cyber resilience” are the same, but the meanings are somewhat different.
While cybersecurity primarily refers to blocking criminals from attacking your business network, cyber resilience is primarily related to planning, defending, and recovering quickly from a cyberattack.
Prepare Your Small Business with Cyber Resilience
The world of online threats and attacks is evolving at fast rate, and traditional security measures struggle to keep up. Experts have predicted that a ransomware attack will occur a staggering once every 11 seconds in 2021. Your business is not immune and having a cyber resilience strategy that highlights the ways you would respond and move forward in the face of an attack is a necessity.
Your business could be considered cyber resilient if you have done the following:
- You’ve implemented measures to guard against cyberattacks
- Proper risk control measures for data protection have been identified and deployed
- Your network is setup so that hackers cannot severely disrupt business operation during or after an attack
The primary components of a strong cyber resilience strategy include:
Managed IT Services Can Play Offense and Defense
Insider threats are dangerous to your company’s security and could have a massive impact on your data, primary assets, and reputation. These threats can be some of the hardest IT security threats to detect and contain. At TechSeven Partners, a managed IT service provider can help you identify, prevent, and mitigate these threats through monitoring, business continuity planning, employee education, and incident mitigation. Although there is no perfect prevention, a professional IT team and a well-executed plan can make the difference when combating insider threats and cybercrime.
If this seems like more than your business is prepared to handle, let the experts help. TechSeven Partners speaks tech so you don’t have to, and we can handle these issues so you can sleep soundly at night, knowing that your business is safe from outside threats. If you’re looking for Managed services in Charlotte or beyond, Contact us today for a free consultation.
- Infosecurity Magazine
- The 2020 Cyber Resilient Organization Study