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The following article was published in our article directory on November 13, 2019.
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The Importance of Cybersecurity Solutions for Small Business

Article Category: Computers and Technology

Author Name: Derek Packard

Rarely will you see a small business without a web presence nowadays. A strong foothold in the Internet world gives a lot of benefits to small businesses and startups, including wider customer reach and lesser operational expenses compared to running a brick-and-mortar establishment.

However, the web is a tricky place, and the safety of your small company becomes a problem if you don�t invest enough in good cybersecurity solutions.

This post will share the reasons why getting cybersecurity solutions for small business is a sound idea for you. You�ll also find out what hackers want to get from you, and what solutions are available for your small business.

Taking Cybersecurity Seriously

Cybersecurity is a serious matter that can affect all companies, regardless of size or industry. It doesn�t matter whether your business is using sophisticated cloud computing technology or simple email and website to operate. Cybersecurity should always be incorporated into your business plan, and here are the reasons why:

Hackers are now increasingly interested in targeting small businesses because they are the most vulnerable ones to security threats.

Firewalls are not enough to keep your systems safe, no matter how simple or complicated your technology is. You�ll need layers of cybersecurity solutions to safeguard your business data well.

You�ll experience major financial losses when your small business becomes a victim to a cybersecurity breach. IBM Security and Ponemon Institue�s joint 2018 report reveals the average cost of data breaches in US businesses is $3.86 million. This statistic is relevant to small companies because it�s highly likely that they�ll suffer huge losses proportionate to their operations due to the additional costs that legal fees and investigations will incur.

A business suffering from a cybersecurity attack will likely have a tainted reputation. This may feel unfair to you as an entrepreneur, but the reality is that your customers might leave you because of the data breaches.

Companies typically don�t detect that they�re being attacked right away. The report from IBM and Ponemon conclude that businesses take as long as 6 months to identify a breach, and another 55 days on top of it to stop the attack. This translates to greater damages caused by the hacker and a larger financial loss for your small business.

What Do Hackers Want from Your Business?

Hackers are after crucial digital information such as the following:

Passwords
Social Security numbers
Email addresses
Phone numbers
Birthdates

A world of opportunities opens for these identity thieves. They use these stolen data in various ways, like selling them or using them to pretend that they�re someone else. They can also do the following identity theft crimes:

Acquiring money through applying for state benefits
Acquiring medical treatments
Opening new accounts in banks
Performing fraudulent tax activities

Safeguarding Your Business with Cybersecurity Solutions

You need to invest in cybersecurity solutions for small business in order to protect your budding company. Solutions offered by reputable agencies such as TekMyBiz.com include the following:

Internet Browsing Brakes � These are programs that warn you of impending malicious sites. They protect your Internet browser from sites handling ransomware and other viruses.

Remote Monitoring and Patch Management (RMM) � This is a software designed to monitor weaknesses in PCs, firewalls, servers, and other devices. It automatically informs you to apply security patches and updates to keep these devices safe.

Disaster Recovery � This is a plan that includes regular data backups and encryption to ensure they�re safe in case your entire system breaks down due to a data breach.

Conclusion

There is a number of reasons why you should consider investing in the security of your small business. Attacks are everywhere on the Internet now, and hackers have never been as aggressive as today. Good cybersecurity solutions for small business should be implemented so that you can operate and scale up your small business with peace of mind.

Keywords: IT Services for Small Businesses, IT Consultants, Cloud Desktops for Small Businesses, Cybersecurity solutions for small business, Ransomware Removal, Managed IT Services, Dark Web monitoring service

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