The False Sense of Cybersecurity Among Small and Medium Businesses
Most small and medium business owners have objections in their responses when Cybersecurity is being discussed and they are mostly related to the cost.
Many of them have not yet included cybersecurity as part of their business continuity plan. Yes, it’ll cost them some money to begin and to fix any cyber gaps in a business however these expenses are much lower compared to the average cost of a cyber attack.
Another response is that cyberattacks have not happened to them yet and they believe they are not targets. IT security professionals want to point out that the small and medium business market is not prepared and it is understaffed for the appropriate cybersecurity measures.
A firm that has faced cyber attacks will lose an average of $200,000 and this figure should be enough reason for them to act, but that is not the case. Perhaps it’s because of a misunderstanding regarding the magnitude of the effect on the budget, ongoing business operations, or the possibility that every company is a target.
Now is the time if you still have not started to deal with your business’ cyber preparedness. Your company, the jobs of your staff, and the services or products that you offer will depend on your diligence in dealing with cybersecurity.
Cybersecurity is a journey that is well prepared and it is not just one product that you can purchase but a mix of planning, awareness, knowledge, training, facts, preparedness, as well as implementation.
There is a lot of talk about assessors and assessments. Assessments are required and are the first step in the overall process; but they come in different costs, sizes, and shapes. Furthermore, they determine a point in time context through the assessment technique of the provider. Is the method a test and verify technique, question and answer process, or both using both technology and tools? This is something that you really need to ask your assessment provider.
Recommended deliverables for a top-quality cyber assessment:
- Measured cyber posture (digital, logical, and physical) – you should know your cyber posture from the time somebody gets into the building until data is transmitted to and from the digital assets.
- Identified the cyber gaps with well-defined steps to fix – during the assessment phase, properly defined organizational cyber gaps must be documented. Apart from that, there should be steps on how to fix these gaps.
- Properly rank vulnerabilities – company IT vulnerabilities are digital assets as well as the posture. There should be a set of criteria that will be checked in order to rank these vulnerabilities in at least four categories like low, medium, high, and critical.
- Create a plan of action, improvement plan, training materials, and policies – the plan of action should identify the vulnerabilities and the gaps in a plan that is actionable. Issues must be figured out with both the solution and risk level in order to bring every item into a correct cyber posture. Apart from the plan of action, the availability of internal training materials and policies for the company are crucial in the maintenance of cyber posture as well as training and actionable policies when a cyber incident takes place.
Call SpartanTec, Inc. now and let our team of IT specialists set up an effective plan to boost your company’s cybersecurity.
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