Fact or Fiction? The Truth About Cybersecurity for Small and Mid-Sized Businesses

There are many common perceptions about cybersecurity – but many are misperceptions. For small and mid-sized businesses (SMBs), misinformation about cybersecurity can be confusing – and sometimes risky. It’s time to set the record straight on which statements are fact and which are fiction.

Fiction: Cyber criminals don’t care about SMBs

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Modern cyber criminals actually DO care about SMBs – and often use smaller third-party vendors to gain access to larger targets. With fewer budget dollars and expert resources dedicated to cybersecurity than their larger counterparts, small and mid-sized organizations often make easier targets, particularly in today’s increasingly complex and connected cloud environment. In fact, nearly one-third (28%) of data breaches in 2020 involved small businesses, according to the Verizon 2020 Data Breach Investigations Report (DBIR) – 70% of which were perpetrated by external actors.

Fiction: Outsourcing cybersecurity is not a realistic option for SMBs

Outsourcing cybersecurity is a great option for SMBs. Leveraging a managed service rather than buying a security point solution gives your SMB fixed-cost access to enterprise-grade technology and expertise you might otherwise not be able to afford. These seasoned security teams become an extension of your internal IT team, and can help with creating and enhancing your overall cybersecurity program and boosting your security posture.

Fact: Compliant doesn’t mean secure 

While it’s true that cybersecurity and compliance are often intertwined, they are not the same. An organization may meet minimum government or industry security requirements, but that doesn’t mean the organization is secure. Your IT/security team should be aware of the compliance mandates in your industry, but also be ready to play an active role in protecting your organization. Rather than trying to take on these responsibilities alone, a cybersecurity-as-a-service provider with demonstrated industry expertise can help you meet your compliance obligations – and will have the technology and expertise to keep you secure as well.

Fact: Cybersecurity fatigue is a problem 

Forty-one percent of respondents at both SMBs…