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Without technology, businesses cannot compete and succeed. But with the advancement in technology comes the ever-constant threat of hackers and cybercriminals. That’s why small- and mid-sized businesses (SMBs) need to protect themselves with robust cybersecurity solutions managed by reputable managed IT services providers (MSPs).

The numbers

Through the years, the number of SMBs falling victim to cyberattacks has drastically increased. Ransomware attacks, misconfigured systems, credential stuffing, and social engineering are among the many cyberthreats that SMBs face. Also, according to Verizon’s 2021 Data Breach Investigations Report, one in every five data breach victims was an SMB. What’s more, only 47% of SMBs are able to detect breaches within days.

The financial consequences have also considerably increased. IBM’s Cost of a Data Breach Report 2021 shows that “data breach costs rose from USD 3.86 million to USD 4.24 million.”

The numbers don’t lie, so it’s only about time SMBs take cybersecurity seriously. You can safeguard your business from cyberattacks and provide a more secure customer experience by working with a trusted MSP.

Why managed services?

Partnering with MSPs is the most effective way to prevent attacks and defend against malicious threats. MSPs offer a full range of proactive IT support that focuses on advanced security, such as around-the-clock monitoring, data encryption and backup, real-time threat prevention and elimination, network and firewall protection, security awareness training, and more. Here are some of the services an MSP can offer:

    • Around-the-clock monitoring – A cyberattack can happen at any moment. By having someone watching your networks and systems 24/7, MSPs ensure that any potential threats are identified and dealt with quickly.
    • Data encryption and backup – Data encryption transforms readable data into an unreadable format. This can be done through the use of a key, which is only accessible to authorized users. This way, even if the data is compromised, it can’t be read without the key. Meanwhile, data backup is the process of creating and preserving copies of data so that it can be restored in the event of data loss.
    • Real-time threat prevention and elimination – By using technology that can detect and stop threats as they happen, this security solution can minimize the impact of an attack and keep your business data safe.
    • Network and firewall protection – Networks and firewalls create a barrier between the business network and the internet, securing confidential data, such as customer information, employee records, and trade secrets. Networks can be configured to allow certain types of traffic through while blocking others, so that only authorized users can access specific resources.
    • Security awareness training – Now, more than ever, SMBs need to be aware of cybersecurity threats and how to protect themselves. MSPs can facilitate security awareness training that can help employees spot red flags and know what to do (and not do) to keep company data safe.

Managed IT services are designed to identify and fix weak spots in your IT infrastructure, enabling you to optimize the digital backbone of your business processes. With managed IT, you’ll also have faster network performance, a solid business continuity and disaster recovery strategy, and minimal downtime. You’ll also get a dedicated team of IT professionals ready to assist you with any technology-related problems. This is much more effective and budget-friendly than having in-house personnel juggling all of your business IT needs.

Being proactive when it comes to cybersecurity is the only way to protect what you’ve worked hard to build. If you’d like to know more about how managed services can benefit your business, just give us a call — we’re sure to help.

Are you interested in learning more about cybersecurity? Call us today and discover how our wide array of tech services can safeguard your business.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from techadvisory.org SOURCE

Some of the most well-known companies in the world, including Sony Pictures, Home Depot, Adobe, and eBay, have been victims of cyberattacks. While major corporations like these are high-profile targets for hackers, small- and medium-sized businesses are not exempt from data breaches. And because it may be difficult or impossible to undo any damage caused by cybercriminals, it’s imperative for any business — regardless of their size — to take steps to fortify their systems. The following security tips can help guard company data.

Use two-factor authentication

Using a complicated password to secure your system is not an effective way to level up your cybersecurity. That’s because having to memorize a difficult password often pushes users to set that same complex password for multiple accounts. And if a hacker gets a hold of a recycled password, there’s a high probability that they could access all your accounts that use that same password.

Two-factor authentication (2FA) adds an extra layer of security to your systems and accounts. 2FA comes in many forms: it can be a biometric verification in the devices that you own or a time-sensitive auto-generated code sent to your mobile phone. This security feature works similarly to how websites would require you to confirm your email address to ensure that you are not a bot.

Encrypt all data

Encryption is an effective obstruction to hackers, since it scrambles and descrambles data every time someone tries to read it. Encryption also causes compatibility issues if the data is not being accessed via a company’s own network systems. While applying encryption can be expensive, it is certainly well worth the money because it protects your data in case it falls into the wrong hands.

Keep systems up to date

Hackers are always upgrading their tools to take advantage of outdated security systems, so companies should keep up to protect their valuable technology resources. Many companies don’t install software updates immediately, and that’s a huge problem. Updates often close existing security loopholes, which is why delayed installation can mean exposing your systems to external attacks. Keep your data safe by installing software updates as soon as they are released.

Back up frequently

Implementing several layers to your security doesn’t ensure that hackers won’t find their way into your systems. This is why you need to back up data frequently, whether it’s on-site, off-site, or by way of cloud backups. In the worst-case scenario where your systems do get infiltrated, you can restore lost data from your backups.

Monitor connectivity

Many businesses have no idea how many of their devices are connected online at a given time, so it’s very hard for them to keep track of which of these should actually be online. Sometimes, a company’s computers and servers are online when they don’t need to be, making these tempting and easy targets for attackers. It’s advisable to configure business servers properly to guarantee that only necessary machines are online and that they’re well-protected at all times.

It’s much more expensive to recover from a data breach than to prevent one. If you’re looking to protect your business IT systems from potential threats, contact us today so we can help.

To learn more about how to safeguard your business, or if you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment.

Published with consideration from TechAdvisory.org SOURCE

Managed IT Services

Today’s companies need technology to function. Without it, businesses cannot compete and succeed. But with technology comes the ever-constant threat of hackers and cybercriminals. That’s why small- and mid-sized businesses need to protect themselves with robust cybersecurity solutions managed by IT professionals.

The numbers

According to the Ponemon Institute’s 2019 State of Cybersecurity in Small and Medium-Sized Businesses (SMBs) survey, cyberattacks have increased dramatically. Here in the United States, 76% of companies were attacked in 2019, a significant leap from 55% in 2016. Sixty-nine percent of US businesses reported data breaches in 2019, up from 50% in 2016.

The financial consequences have also increased considerably. The average cost spent by companies because of damage to or theft of IT assets and infrastructure increased from $1.03 million in 2017 to $1.2 million in 2019. Costs due to disruption to normal operations increased from an average of $1.21 million in 2017 to an average of $1.9 million in 2019.

The attacks

Globally, the most common forms of attack on SMBs are those that rely on deception: phishing (57%), stolen or compromised devices (33%), and credential theft (30%). Worse, cybercriminals are targeting SMBs more, with reported attacks having increased from 60% in 2017 to 69% in 2019.

Why managed services?

Partnering with MSPs is the most effective way to prevent attacks and protect your business from malicious threats. MSPs offer a full range of proactive IT support that focuses on advanced security, such as around-the-clock monitoring, data encryption and backup, real-time threat prevention and elimination, network and firewall protection, security awareness training, and more.

And because managed services are designed to identify and fix weak spots in your IT infrastructure, you’ll optimize the digital backbone of your business processes. You’ll have faster network performance, a solid business continuity and disaster recovery strategy, and minimal downtime. One of the best things about managed services is that you get a dedicated team of IT professionals ready to assist you for any technology problems you may encounter. This is much more effective and budget-friendly than having in-house personnel handling all your IT issues.

Being proactive when it comes to cybersecurity is the only way to protect what you’ve worked hard to build. If you’d like to know more about how managed services can benefit your business, just give us a call — we’re sure to help.

To learn more about how to safeguard your business, or if you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment.

Published with consideration from smallbiztechnology.com  SOURCE