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The Business Case for Cybersecurity-as-a-Service

Posted by Rob Scott on Oct 26, 2020

Look no further than the almost daily cybersecurity threats and attacks on businesses to know that cybersecurity should be at the top of every organization’s priority list. Yet, for small and medium-size businesses (SMBs) it seems to always slip down the list because cybersecurity is viewed as a sunk cost rather than an important business enabler.

 

We know SMBs have limited resources, time, and personnel to dedicate to cybersecurity but it is more important than ever to make the investment in security. In fact, small businesses are increasingly targeted during the pandemic because the financial constraints and rapid migration to remote work have made them even more vulnerable than usual. According to a recent research study, 43% of SMBs lack any type of cybersecurity defense plan.

 

If putting a focus on cybersecurity is on your to do list, here are three ways you can make the business case for cybersecurity-as-a-service.

 

  1. Save Money – Did you know that a data breach could cost your organization millions? Recent research from IBM and the Ponemon Institute’s The Cost of Insider Threats Global Report 2020 shows that SMBs spend an average of $7.68 million per incident. In comparison, by partnering with an organization such as Cygilant it would cost you a fraction of that and keep your organization safe from threats.

 

  1. Ensure Customer Trust – As a small business we know how important your customers are to you and you would do anything to retain them. Customers trust you to protect their sensitive data and personally identifiable information (PII) and without cybersecurity, customer data can easily end up in the hands of hackers. By working with a cybersecurity-as-a-service provider such as Cygilant your customer data is protected 24x7x365. Our experts hold certifications to ensure you are getting the cybersecurity expertise your business needs.

 

  1. Stay Compliant – For regulated industries, cybersecurity is a key part of compliance. Rather than trying to take this on alone, partner with a cybersecurity-as-a-service provider to help you demonstrate compliance. At Cygilant we offer expertise across industries and our team of Cybersecurity Advisors have experience and the certifications to help banks, credit unions, universities, manufactures and healthcare facilities validate compliance.

 

Learn more about Cygilant Cybersecurity-as-a-Service and how it can help your organization stay secure.

 

Read the datasheet Cygilant SOC as a Service

Tags: Cybersecurity-as-a-Service

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