Cybersecurity is one of the most important pillars of any IT strategy. Many business leaders attempt to cut costs by implementing the bare minimum when it comes to cybersecurity solutions. However, this oversight could cost your company millions of dollars and priceless respect from your peers, vendors & customers.
According to a study conducted by IBM, the average cost of a data breach was $3.86 million in 2020. That number will continue to climb as hackers get more sophisticated and companies become more vulnerable to attacks.
While cybersecurity has always been a concern, recent trends reveal an unprecedented increase. Specifically, rates of ransomware are through the roof. In response to the increase in cybercrime, the Department of Justice recently launched a Ransomware Task Force.
In our modern age, the federal government’s move to ramp up security efforts illustrates just how important cybersecurity has become. Yet, many business leaders do not have the time, expertise, or resources to deal with the dangerous new landscape.
If you are a business leader who is considering outsourced cybersecurity services, consider these 5 benefits:
1. Cut Down on Costs
Every business leader understands that costs need to stay in check. However, considering the current security landscape, only savvy business leaders understand the true cost of a cyber-breach.
Look at Colonial Pipeline for example. Hackers took their systems hostage demanding a ransom of $5 million to regain access. The CEO of Colonial paid the ransom. Luckily, thanks to the Ransomware Task Force, Colonial recouped $2.3 million.
While it is encouraging that some of the money was returned, they still suffered a $2.7 million loss. What would it mean to your business if you suddenly lost $2.7 million? The worst part about Colonial’s situation is that it could easily have been avoided. A managed cybersecurity provider could have protected them from this costly disaster.
According to a study conducted by IBM, the average cost of a data breach was $3.86 million in 2020.
2. Access to Custom Cybersecurity Tools
Think of cybersecurity like an onion. An effective strategy incorporates many layers to keep your core business safe. It is not enough to have just a firewall. The more tools (layers) you put between them and your sensitive data, the safer you become.
Working with a managed cybersecurity service provider gives you access to world class security solutions. From email encryption to endpoint protection, your critical data will be secure from prying eyes. You’ll also gain a team of certified experts to implement and manage the most robust security tools on the market.
3. Trust Your Company’s Privacy to the Experts
Like any industry, cybersecurity attracts both amateurs and experts. A quality managed cybersecurity services provider will only staff certified security professionals. The best firm will draw on both formal education and relevant work experience to deliver clients a robust strategy.
When you retain a managed cybersecurity firm, you entrust your business to capable hands. Managed cybersecurity firms work with a variety of clients across many industries. Because they experience various cyberattack strategies, they have a deep understanding of which cybersecurity tactics work.
4. 24/7 Network & Dark Web Monitoring
Dark Web Security Monitoring is a critical service that scans the dark web for personally identifiable information (PII). PII can include stolen credentials, social security numbers, credit card numbers, etc.
A managed cybersecurity solutions provider will consistently scan the web. If your company’s information is ever found in a scan, you will be notified immediately. Then, the provider will work with you to initiate the appropriate remediation response.
Identifying breach exposures during the initial stage is critical to safeguarding your assets. It allows your organization to reset compromised credentials early enough to prevent a hostile account takeover. A Dark Web Monitoring solution provides your business with peace of mind that your business data remains protected from prying eyes.
5. Automatic Security Updates
Another huge benefit of hiring a managed cybersecurity solutions provider is that they manage updates for you. Software and system updates are a pain for most business leaders. Updates are sudden and time-consuming. Yet, keeping your network current is vital to your overall security posture.
Security Patching is a critical service that costs most in-house IT departments a lot of time & effort. A managed cybersecurity solutions provider will manage every aspect of your Windows, Mac, and Linux security patching requirements to ensure a seamless deployment.
NOYNIM IT Solutions
Engaging with a managed cybersecurity provider is a smart investment for savvy business leaders. At NOYNIM IT Solutions, we provide full spectrum cybersecurity solutions. Our staff is comprised of seasoned IT professionals from a wide variety of backgrounds and disciplines.
We recruit IT engineers with strong technical expertise, many of whom were previously employed at Fortune 500 companies. Our team has experience managing a wide range of IT environments. From IT for small businesses to complex large corporations, we offer custom IT solutions that align with your business goals. We also provide cybersecurity program development for business.
Our clients experience friendly interactions, deep expertise, superior response times, and reliable service from our expert-level certified team of engineers. We understand that outsourcing your IT is a big decision. That is why we focus on establishing a highly personalized, responsive & collaborative partnership. Together, we create an IT strategy that fuels your business goals with an emphasis on keeping your network secure.