The risk of a cyberbreach is now a growing concern for many organizations today. According to Cybersecurity Ventures, cybercrime will have cost the world six trillion ($6T) by the start of 2021, with the global investment to stop evolving cyber threats exceeding one trillion ($1T). Those numbers are staggering. Unfortunately, the vast majority of organization, especially those without security teams, remain woefully underprepared.
Getting More Protection With Less
Most organizations that rely on standard data security solutions, like firewalls and antivirus, know that they need more comprehensive security since their cybersecurity posture may not address all the possible entry points and attack vectors that today’s more sophisticated cyberattacks use. In fact, according to a recent PAS Global survey, 85% of businesses aren’t prepared for an Operations Technology (OT) attack which includes the many possible ways that hackers can breach a organization through core infrastructure and services.
Many growing organizations don’t have the internal expertise to analyze and identify data security vulnerabilities across their entire organization, let alone develop and implement an ongoing program to protect, detect, alert, and mitigate possible intrusions. It can take considerable time and expense to implement more robust security technology with in-house skilled security professionals to manage it around the clock.
This issue can become so daunting, competing with other mission-critical business issues, that it keeps getting pushed off until the day that a cyberattack occurs and it’s too late to take a proactive approach.
“Small and medium sized businesses lack the financial resources and skill set to combat the emerging cyber threat,” says Scott E. Augenbaum, former supervisory special agent at the FBI’s Cyber Division, Cyber Crime Fraud Unit, where he was responsible for managing the FBI’s Cyber Task Force Program and Intellectual Property Rights Program.
You Can’t Just Sweep Cybersecurity Concerns Under the Rug
Did you see that in the United States, the average cost of a data breach is $8.64 million? Avoiding the work and investments needed to understand potential cybersecurity vulnerabilities isn’t an option. In fact, the Small Business Administration (SBA) is urging the over 30.2 million businesses in America with 500 or less employees to adopt a comprehensive mix of both high and low-tech strategies for combating cyber threats.
The risk of a cyber breach isn’t going away. Bad actors are out there eyeing your organization’s technology resources for weaknesses and forming sophisticated approaches to breach your network. Therefore, you can’t afford not to be vigilant.
The Two Approaches to Maximizing Cybersecurity
There are two approaches to building and maintaining a comprehensive cybersecurity program to better protect against evolving cyber threats. The first is to invest heavily in internal resources: Hire a Chief Information Security Officer (CISO) and multiple IT security professionals to acquire, implement, and manage robust IT security technologies and processes. Then you will have a stack of best-of-breed (often complex) cybersecurity tools, with the expertise needed to manage them 24/7.
The alternative approach combines best-of-breed cybersecurity protection into a single solution with visibility into your overall cybersecurity posture, allowing current staff to easily understand, manage, and act on any potential threats. With this approach, organizations with limited security staff can have the same comprehensive cybersecurity as larger organizations without heavy investment or long-term management headaches. You can streamline cybersecurity assessments, testing, policies, training, detection and response in one consolidated and cost-effective cybersecurity solution.
Rest Easy: Comprehensive Cybersecurity Is Within Reach
By using an easy-to-use, all-in-one platform, you can continuously strengthen cybersecurity without the need to hire seasoned security experts, learn multiple complicated systems, or even have to take your eye off what’s most important: growing your business. You can rest easy knowing that your organization is being kept safe by a comprehensive cybersecurity platform that takes a layered approach.
More Resources For Building Protection with Less Overhead:
- Learn the steps to take in building a comprehensive cybersecurity program with our free Cybersecurity QuickStart Guide
- The former Director of Cybersecurity Policy at The White House, Rob Knake, provides insights into real world threats and critical steps to prevent advanced cyberattacks: Why Cyberattacks Aren’t Just for the Enterprise, and What To Do About It
- Get started with 3 free cybersecurity tools in 1: Get Defendify Essentials
Resources & insights
Why You Could Be Denied Cyberattack Insurance Coverage
Cost of a Cyberattack vs. Cybersecurity Investment
Defendify Listed as a High Performer in Six G2 Grid Categories
Why You Could Be Denied Cyberattack Insurance Coverage
Cost of a Cyberattack vs. Cybersecurity Investment
Defendify Listed as a High Performer in Six G2 Grid Categories
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