According to a recent report, the average cyberattack will cost a business nearly $20,000 in 2023. That number has just about doubled since 2021. It suggests it could climb to be even higher in the coming years.
With this in mind, it’s very important for your company to put the right business cybersecurity strategy into place. Otherwise, you won’t be able to provide enough business protection for your company when it comes to cyberattacks. It could cost you dearly.
Taking advantage of thyour managed network security services the best way to keep your company safe from cyberattacks. You shouldn’t have to worry too much about company security as far as cyberattacks are concerned when you use these services.
There are so many benefits that’ll come along with investing in managed network security services. Learn about some of the biggest benefits of doing it below.
Protects Your Network and Everything on It
If your company’s network ever goes down due to a cyberattack, it could end up being a complete disaster. It will, first and foremost, force you to bring the rest of your company’s operations to a grinding halt while you deal with the situation at hand.
While your company is busy putting up a fight against a cyberattack, you’ll miss out on the opportunity to make money. It could result in a huge loss for your company that might impact you for days or even weeks.
There is also a chance that everything on your network could be compromised during a cyberattack. From the hardware you use for it to the data you store on it, you could see all the things on your network jeopardized in no time.
When you hire a company that can provide you with managed network security services, they’ll keep your network as a whole safe. They’ll also provide data protection to stop your company’s data from falling into the wrong hands.
Sets You Up With 24/7/365 Threat Detection
Ideally, the company you hire to provide managed network security services won’t always be reactive when it comes to dealing with cyber threats. Instead, they’ll be proactive about putting threat detection into place so that they’re able to see cyber threats coming from a mile away.
Better yet, this company will offer threat detection 24/7/365 so that there aren’t any threats that fly under the radar at any point. Even if your company’s network is attacked on, say, Christmas, the threat detection that a company has in place will pinpoint this threat and minimize the impact it has.
You’ll be able to sleep a lot better at night knowing that a company is providing you with round-the-clock threat detection. It’ll stop threats from snowballing and turning into huge issues for your company.
Allows You to Update Business Cybersecurity
One of the most difficult things about cyberattacks is that they’re always changing. Once you’re able to get a grip on how to stop one type of cyberattack, a new kind of cyberattack pops up. It can catch you off guard if you’re not careful.
When you have a company that provides managed network security services in your corner, they’ll stay up-to-date on all the latest types of cyberattacks. They’ll have them on their radar and will update your business cybersecurity accordingly.
There are some companies that spend their fair share of time and money putting business cybersecurity practices in place only to have them become outdated in a matter of months. You won’t have to be worried about this happening to you when you have the best company on your side updating your cybersecurity practices in the right ways.
Cuts Your Company’s Cybersecurity Costs
Do you currently have an in-house team that specializes in giving your company security a boost? You might be spending a small fortune employing cybersecurity experts to work for you.
You may be able to save a ton of money every year by working with a company that can provide managed network security services versus hiring full-time employees to provide them. You won’t have to pay a bunch of individual salaries and set them up with things like benefits and places to work in your office.
You also won’t need to worry about not having your cybersecurity team around when you need them most. The company you hire will be one phone call or email away at all times.
Enables Your Company to Remain Compliant
If your company operates within an industry that has a lot of cybersecurity rules and regulations in place, you’re going to need to make sure you’re 100% compliant with them. If you aren’t, you could face heavy fines and other penalties.
You’ll be happy to hear that the best companies that provide managed network security services will work hard to keep your company compliant. They’ll understand the rules and regulations your company faces. They’ll then aim to make compliance a big part of their approach to cybersecurity.
It would be worth exploring the four elements that make up a compliance management framework. It’ll show you why it’s so important for you to take this side of things into account.
Portrays Your Company in a More Positive Light
There is likely going to come a time when your business will be affected by a cyberattack. Studies have shown that almost half of all cyberattacks target small and medium-sized businesses. That means it may only be a matter of time before your company gets hit by one.
If your company is the victim of a cyberattack, it might not be the end of the world. You can actually put a positive spin on it by warding off such an attack and showing that your network is strong and secure.
But if your company fails to respond to a cyberattack in the right way, it could result in bad PR for your business. You might even end up making news headlines for all the wrong reasons depending on how impactful the cyberattack is.
Hiring a company to provide managed network security services will show people how serious you are about thwarting cyberattacks. You might even come to find that you won’t mind when cyberattacks occur as much since it’ll give you an opportunity to show what your company is made out of.
Makes Your Customers and/or Clients Feel Better
In the event that your company’s network is hit hard by a cyberattack, it could put some of your data at risk. The loss of this data will obviously affect your company to some degree. But it can also impact the customers and/or clients who provided you with this data in the first place.
These customers and/or clients might come to realize that they don’t trust your business as much as they once did because of the data breach that occurred. They might even take their business elsewhere and stop associating with your company.
You want your customers and/or clients to feel like you’re going to keep their data safe and sound. One of the best ways to keep this promise to them is by enlisting the right managed network security services.
Lets You Focus on Other Aspects of Running a Company
To be clear, you shouldn’t simply hire a company to handle managed network security for you and then never think about this issue at all. Cybersecurity should be at the forefront of your mind at all times.
With that being said, you also shouldn’t make cybersecurity your sole focus. There are many other aspects of your business that you’ll need to pay attention to each day to turn your company into a success.
This is yet another area in which a company that provides managed network security services can help your business. They’ll be able to oversee your business cybersecurity operation so that you can focus on the other things that’ll be involved with running your company.
From improving the products and services you’re able to provide, to coming up with new marketing schemes, there will be lots of things that’ll need to get done to make your company successful. You’ll have enough time to do them all when business cybersecurity isn’t something you have to deal with on a daily basis.