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FACT #4 – Cybersecurity is a top priority for small medium businesses (SMBs)

Rightsize think of your Security when you don't. This improves flexibility, reliability and performance for your business while being a single point of accountability.

You are here: Home / General / FACT #4 – Cybersecurity is a top priority for small medium businesses (SMBs)

July 15, 2022 by Jarrod Case

As we break the myths of about Cybersecurity, we challenge the default thoughts business owners have about the importance of not only a solid security plan, but also systems to protect you in the event of a breach.

FACT #4 – Cybersecurity is a top priority for small medium businesses (SMBs). Vanson Bourne’s research of 850 global organisations with less than 1000 staff found more than 80 percent had concerns about a cyberattack in the next 6 months. Cybersecurity worries SMBs and is a top priority.

SMBs cybersecurity concerns

SMBs have concerns about everything when it comes to cybersecurity. Respondents to the Vanson Bourne survey worry about:

  • data loss – 50%
  • customer loss – 43%
  • reputation damage from the fall out of an attack – 39%.

But when it comes to current concerns, 82% worried about data breaches; and 77% were equally worried about IT system downtime and data being stolen from outside the business.

SMBs have so many security concerns they want to protect the whole business. But there is a discrepancy between the level of protection a business desires and what it does about it.

SMBs feel ill-equipped

SMBs feel ill-equipped to defend against hacker attacks. And this is a conundrum as 56% of respondents said they did not have in house cybersecurity experts. Also, 52% did not have an incident response plan and 51% lacked insurance in case of a cyberattack. The smaller the business, the less security a business had. This could be because they do not have the skills or knowledge to deal with cybersecurity within the organisation.

While small business owners worry about security, it will not fix itself. The solution is to work with an MSP before you are hit by a cyberattack. This solves the issues of cost and knowledge so SMBs can get on with business with peace of mind.

IT as a service

Rightsize is your IT department as a service. Working with us takes the worry out of maintaining and protecting your IT system. We make sure your technology always works for you without the need to over invest. If this is something that could work for your business, Rightsize can also:

  • reduce operational costs because we concentrate on delivering services to scale
  • apply IT best practices as our team is up-to-date with all new developments in the industry
  • provide access to all the IT expertise you need
  • maintain service quality
  • reduce cybersecurity risks using protocols, and implement the latest technology and methods to protect against threats
  • scale our services to meet business needs and grow with your business
  • be a central point of contact for all your IT needs
  • use the latest technology to protect and maintain business networks
  • assist in recovering from a cyberattack if it occurs.

Contact us now for a free consultation to find out how we can protect your business and give you peace of mind.

About Rightsize:

Enabling your business to grow efficiently and effectively – we’re the Rightsize for you.

Small businesses struggle to budget their IT operation and often spend inefficiently with a less than great return on their investment. Rightsize Technology understand: we deliver a minimum 30% reduction on IT overheads as a dedicated outside IT department for our clients. Our unlimited 24×7 support, both on and offsite increases their business productivity and capacity, enabling their business to grow efficiently and effectively – we’re the Rightsize for growing small businesses. Talk to our team today for more information.

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