Studies show one in five small- to medium-sized businesses (SMBs) have filed for bankruptcy or permanently ceased operations after just one data breach.
Why? Because research reveals that for more than half of SMBs a financial loss of $50,000 or less could force them out of business. Which is what makes common cyber-attack techniques such as ransomware—when cybercriminals penetrate company networks, take over servers and encrypt vital operating data—potentially devastating for smaller companies.
Research also reveals that for more than half of SMBs a financial loss of $50,000 or less could force them out of business. Which is what makes common cyber-attack techniques such as ransomware—when cybercriminals penetrate company networks, take over servers and encrypt vital operating data—potentially devastating for smaller companies.
To return access and control, perpetrators demand firms pay ransoms in the form of cryptocurrencies. Analysts estimate ransomware payments topped $1 billion last year.
How can SMBs avoid becoming one of the business casualties contributing to that massive cybercrime statistic? Availing themselves of IT managed services powered by the latest AI-enabled cybersecurity tools is part of the answer. But the latest security technology alone is not enough. Cybersecure tech requires good systems grounded in sound policy and disciplined practices.
That’s why we believe establishing and sustaining cyber-resilient operations requires a computing culture of monitoring and maintenance that expects people, not programming, to make the critical difference. We espouse three core principles: - Proactive IT
- Preventative IT
- Responsive IT
Give us a call to discuss putting them to work in your organization. |
