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Download the Infographic: Why Small Businesses Have to Prioritize Cybersecurity
While big companies can survive attacks using their massive financial and legal resources, many small businesses aren’t as fortunate.
Perhaps that’s why attackers are so eager to target small and medium-sized businesses (SMBs) and accounting firms—and why the pandemic gave rise to a new round of attacks.
“Cyber attackers see the pandemic as an opportunity to step up their criminal activities by exploiting the vulnerability of employees working from home and capitalizing on people’s strong interest in coronavirus-related news (e.g. malicious fake coronavirus related websites).” 1
This post walks through the risks small businesses face and demonstrates how devastating an attack can be to a small organization’s very chance of survival.
It also reveals one simple but critical step small businesses (including accounting firms) can take to protect themselves.
Obviously, antivirus systems are a must for all businesses, and there are other applications that can protect email and guard against attacks.
But some cyber attacks can fool even the best protection systems. The average time to identify and contain a data breach is a whopping 280 days. 12
Luckily, cloud hosting provides an affordable solution for small to medium-sized businesses and accounting firms looking to bolster their security measures.
The security team behind the Right Networks Cloud detects threats—before other security systems are even able to recognize them—then neutralizes those threats.
So, those 8+ hours of downtime that so many businesses suffer becomes a total non-event. Companies hosting their apps and software in the cloud stay secure and open for business.
Additionally, employees running their software and apps in the cloud gain collaboration and real-time access to their latest files and data from any internet-connected device.
Accessibility freedom doesn’t mean data is less secure. Using the Right Networks Cloud ensures bank-level security precautions are maintained, regardless of an employee’s location when logging in.
Protect profitability, minimize threats and stay in business by moving accounting and business applications to the Right Networks Cloud.
It is the first and most cost-effective measure that small to medium-sized businesses and accounting firms should consider when prioritizing cybersecurity.
Sources
1. https://www2.deloitte.com/ch/en/pages/risk/articles/impact-covid-cybersecurity.html
2. https://www.accountingtoday.com/news/cybersecurity-staying-vigilant-and-safe
3. https://www.entrepreneur.com/article/301193
4. https://enterprise.verizon.com/resources/reports/2020-data-breach-investigations-report.pdf
5. https://www.cisco.com/c/dam/global/hr_hr/solutions/small-business/pdf/small-mighty-threat.pdf
6. https://www.prweb.com/releases/new_study_reveals_one_in_three_smbs_use_free_
consumer_cybersecurity_and_one_in_five_use_no_endpoint_security_at_all/prweb16921507.htm
7. https://www.bbb.org/globalassets/shared/media/state-of-cybersecurity/updates/cybersecurity_final-lowres.pdf
8. https://www.keepersecurity.com/ponemon2020.html
9. https://www.ibm.com/security/digital-assets/cost-data-breach-report/#/pdf
10. https://www.fundera.com/resources/small-business-cyber-security-statistics
11. https://www.cpapracticeadvisor.com/firm-management/article/21122106/why-preventing-data-breaches-should-be-a-top-priority-for-cpa-firms
12. https://securityintelligence.com/posts/whats-new-2020-cost-of-a-data-breach-report/
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