Why Security is Even More Important for SMBs

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When Code Spaces, a software engineering services company, went out of business due to a cyberattack, it was a stark reminder that the stakes of a security breach are even higher for small and medium businesses (SMBs). In fact, reports say that an astounding 60 percent of SMBs that suffer a breach go out of business within 6 months. While a breach can ruin a financial quarter or a year for a larger organizations, SMBs need to invest in security because the entire business is at risk.

Malicious threats view SMBs as good targets for several reasons. 1) They typically have invested less in security and are easier to infiltrate 2) Although smaller in size, many have access to highly valuable information 3) They are more likely to pay a ransom to stop an attack because they don’t have the expertise to stop it and don’t want to risk shutting down their business.  Unfortunately for SMBs, when stories like Code Spaces hit the news, it only gives hackers more reason to target SMBs.

SMBs need to invest more in security, but it has to be executed in a way that makes sense for SMBs – easy to deploy, require minimal IT management, easy-to-use, and affordable. Cloud-based security solutions are delivering on all of these requirements, which is why they are being adopted rapidly by SMBs.

Three core components of a security portfolio are secure messaging, data loss prevention, and large file transfer. The Cirius Secure Messaging Platform provides all three solutions in the cloud, which is ideal for SMBs because it provides enterprise grade security that can be live in minutes. SMBs can start protecting their organizations today affordably and without needing IT resource involvement. Sign up for a free trial to get the process started.

Image: Small Business Saturday, after Edward Hopper Mike Licht November 26, 2011

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