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QualityIP businessman worried about cybercrime

Is Your Business Vulnerable to Cybercrime?

Cybercrime is a crime of opportunity. Most often, hackers are looking for an easy way into business computer networks, regardless of size. They probe to find the path of least resistance, which often leads them to Small and Mid-sized Businesses (SMBs).

Cybercriminals consider SMBs soft targets because:QualityIP businessman worried about cybercrime

  1. Typically, SMBs have less security infrastructure.
  2. They do not have an employee trained in IT Security.
  3. SMBs don’t enforce IT Security policies and practices.
  4. They do not have the resources to respond to threats quickly.
  5. Employee Security Awareness Training (SAT) is not a priority

These vulnerabilities leave SMBs wide open to cybercrime. As a result, statistics are showing that small businesses are suffering financial losses and even failing due to cyberattacks.

Some sobering statistics:

  • More than half (54%) of all breaches result in financial damages of over $500,000.
  • Almost three-quarters of all breaches (71%) happen to SMBs
  • 60% of SMBs fail after a cyber attack
  • 95% of all security breaches were the result of human error.

A good solution is to outsource your IT Security to a qualified Managed Services Provider (MSP) like QualityIP. Managed IT Security includes firewalls, monitoring and incident response, password management, e Waste disposal, physical security, and more.

QualityIP defends against cybercrimeAn MSP acts as your virtual Security Officer. They apply automated security policies within your network and establish procedures for your employees to follow. It’s their job to help you implement and enforce IT Security best practices throughout your organization. As a result, your business becomes less vulnerable to attack.

While every element of IT Security is equally important, Security Awareness Training is often neglected by small businesses. Because humans cause 95% of incidents, it is critical to include SAT in your cyber security plan. In addition, SAT is also required in some industries to meet compliance requirements.

Most plans include initial training to cover the basics. However, to keep security top of mind for your employees, it’s essential that quick, weekly reminders about how to keep company and personal data safe are part of your program.

Make your company less vulnerable to cybercriminals

How to fight back:

  • Confirm that you have state-of-the-art security infrastructure in place
  • Check that your MSP has the tools and knowledge to act as your virtual Security Officer, and can implement policies and procedures as well as respond to incidents
  • Educate your employees on the most common mistakes people make that put your business at risk with Security Awareness Training

Cybercriminals are looking for the easy target. Take action today. The success of your business may depend on it.

Q IT Security Plan Blog

Protect your computer, mobile devices, and business network with a multi-layered approach to security. Consider these 6 elements when evaluating your IT Security plan.

6 Elements of  IT Security

  1. Hardware – Prevent unauthorized access to your computer infrastructure with a device such as a Firewall. These devices monitor digital traffic between your network and the Internet and prevent unauthorized access.
  2. Software – Install anti-virus/anti-malware protection to prevent, detect, and remove malicious code from your computer or network..
  3. Monitoring – Deploy specialized tools to alert you if an intrusion is detected, your systems are not running optimally, or a backup fails.
  4. Training –Improve the ability of your employees to avoid disaster with Security Awareness Training (SAT). 95% of all breaches occur because of human error. SAT reduces the risk that your staff will fall victim to hackers.
  5. Physical Security – Safeguard your computers, servers and other devices with physical security equipment such as cameras and key fob entry controls.
  6. e Waste – Securely destroy digital devices such as hard drives, solid state drives, thumb drives, circuit boards, and memory cards to guarantee your confidential data does not fall into the wrong hands even after a device reaches its end of life.

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As part of your managed services package, many IT providers include some of these services. It’s vital that you confirm your plan covers each IT Security element because 60% of smaller businesses do not recover from a significant data breach.

Call us to find out which of these elements you have in place. You deserve the peace of mind that comes with a complete IT Security Plan.