For Immediate Release
Media Contact: Sanford Wilk, COO, DIGIGUARD Security, Inc.
Date: 1/20/2021
Phone: 833-332-9237
Email: news@DIGIGUARDsecurity.com

Small and Midsized Business Cyber Security Trends

Essential Protection Without the Cost of Hiring an In-House IT Security Officer

NEW YORK – Jan. 20, 2021 – Cybercriminals increasingly target small and midsized businesses (SMBs) because they lack full-time IT security officers and tend to have weak network and data protection in place. SMBs also hold valuable data that can be sold on the dark web or held for ransom. The statistics are sobering and show that the short- and long-term losses from just one cyberattack have the potential to put a company out of business. Hackers may also use small businesses to gain access to larger corporate networks through vendor partners.

Cyber security is highly technical and specialized. Trying to cobble coverage together on your own can leave gaps, increasing data and network vulnerability. SMBs may not have the resources to hire and manage an in-house IT security employee. Qualified technicians are in short supply, so hiring one will be difficult and costly. So, how can an SMB ensure cybersecurity protection?

The Risk of Doing Nothing to Protect Business Cyber Security

IT security outsourcing has evolved as a solution for SMB cyber security. Companies get the benefit of experience and specialized knowledge without the headaches and costs of hiring and managing an in-house employee. DIGIGUARD™ senior consultant Harvey Yan saw the dilemma SMB owners faced and created a solution. “Small business owners are often overwhelmed and short-handed. Cyber security is just one more thing to push off on the calendar and the yearly budget.” Yan also reported that many companies lack incident response plans and internal data protection to keep malware from spreading throughout the network. “By the time we are called in for emergency service to an unprotected business network, an enormous amount of damage has been done. A modest up-front effort, in terms of time and cost, could have reduced the risk and the potential for damage and loss.”

Yan’s company created the DIGIGUARD Advantage™ solution for its SMB customers. “We get to know your network and devices and put proper protections in place. We update and patch. We know that most cyberattacks start with an email, so we train your employees to avoid this risk. We make sure your data is backed up and tested. We provide on-call emergency response and incident support 24/7, “ says Yan. “We charge one affordable yearly fee for this service, a tiny fraction of the $34,604 reported by SCORE.org as the average cost of a small business cyberattack. It even includes individualized employee training. It’s a no-brainer.”

Faster Response Time and Decreased Downtime Improves Outcomes

Familiarity with a company network and devices means faster response to incidents. Having the ability to recover quickly can make all the difference in surviving a data breach or cyberattack. Avoiding extended network, website, email and productivity downtime and being able to restore data from a backup will help companies survive a cyberattack. Businesses are legally required to protect the personal and financial data they collect from customers and employees. Adequate cyber security can help protect your business investment from the devastating effects of cybercrime. Damage can include financial losses and harm to reputation, lost customers and contracts, breach notification costs, fines and legal fees. (www.DIGIGUARDsecurity.com)

Source: DIGIGUARD