Securing Your Small Business Against Ever-Evolving Cyber Threats: Three Crucial Strategies
In today’s landscape, data breaches affecting small businesses have become all too common and costly, and are continually on the rise. To put it into perspective, a 2019 study revealed that 63% of small-to-medium-sized businesses (SMBs) reported experiencing a data breach in the previous year, up from 58% in 2018. Moreover, recent research from IBM in 2021 shows that organizations with fewer than 500 employees spend an average of nearly $3 million per incident.
What renders small businesses particularly vulnerable when safeguarding SaaS and cloud applications? While contemporary IT environments face an array of threats, including app misconfigurations, denial of service attacks, and device takeovers, phishing remains the predominant type of cyber assault used against SMBs. Typically initiated by fraudulent emails or text messages, phishing endeavors to deceive recipients into divulging sensitive company information.
In a rapidly evolving IT landscape, the most significant risk may lie in partnering with service providers incapable of demonstrating comprehensive excellence across three core security areas:
Proactivity, Not Reactivity
Modern cyber-criminals are resourceful, skilled, well-equipped, and constantly innovating. To stay ahead of these enterprising adversaries, PBM employs industry-leading tools that provide broader and deeper visibility into your SaaS environment. This enables us to identify and address security gaps before they can be exploited. We also assist you in implementing best practices for breach prevention, such as Multi-Factor Authentication (MFA), and devise a clear path toward full MFA adoption throughout your IT ecosystem.
Establishing a Fully Visible Environment
Even the most robust security policies prove futile if employees fail to adhere to them. Therefore, maintaining a security environment offering complete visibility is imperative, particularly in an era of remote workforces and expanding security perimeters. When you collaborate with [name of MSP], you gain the ability to monitor and track employees’ compliance with MFA enrollment and other security policies. Subsequently, we formulate a concrete plan to ensure adherence goals are met and that your organization attains industry standards, including achieving the highest Microsoft security posture score.
Monitoring and Documenting Progress
When you entrust [name of MSP] to safeguard your data, we deliver various types of reports that transform your security efforts from reactive and vague to proactive, timely, and precise. These include:
Active Threat Reports: These detailed documents illuminate the current threats your company faces across various threat types and vulnerability areas. Covering the last 90 days of software security threats, these reports identify configuration and security issues and even pinpoint at-risk users.
Ongoing Security Audits: Tracking your security policies against industry best practices, including crucial elements like multi-factor authentication. These insights empower us to customize your security configuration proactively for optimized threat response.
Monthly Executive Reports: These essential progress updates provide easy-to-read charts and data trends, including compliance and security scores, the status of data-loss policies, and comprehensive lists of risk detections by users and departments.
It’s time to take your small business’s protection seriously. Contact us today for detailed information on how we can construct a proactive, centralized, and meticulously documented security platform to safeguard your organization in this era of heightened risk.
Phenicie Business Management
Phenicie.com
