What Exactly Does a Cyber Security Company Do?

Ransomware, cyber threats and data breaches, unfortunately, have become common news.

17:12 13 February 2020

In today’s internet-driven world, it is alarming how susceptible businesses are falling victim to a cyber attack. The number of attacks continues to increase year over year and a recent study that surveyed 1400 Managed Services Providers revealed that a whopping 1 in 5 small businesses have fallen victim to a ransomware attack,

Being the victim of a cyber attack can be absolutely devastating to an organization. Business owners are now realizing that it is essential to do whatever it takes to be prepared and many are hiring cyber security companies to help them keep secure. What is it that cyber security companies actually do? There are multiple reasons to hire a professional Managed Service Provider with a team of cyber security experts as outlined below.

Monitor Security Operations

First and foremost a cyber security company will monitor your company’s systems including databases, firewalls and entry points to gain a real-time analysis of possible threats. Should any malicious attempts be detected, they can be stopped before they gain access.

Security Architecture

The design of your security architecture is an important part of keeping your business secure. Cyber security professionals will analyze and determine where the best points are for firewalls to be used and if your networks should be segmented and how. Routine penetration testing is also performed to make sure that your defense mechanisms are working as they should be. By having the right security architecture in place, your business will be much more resilient to a cyber attack.

Fraud Prevention

There is a lot of sensitive information that is handled within your organization. A cyber security company can monitor how information is being shared and who has access within your organization to prevent fraud. This helps make sure that sensitive information is being handled properly and not being emailed or that intellectual property isn’t being stolen.

Cyber Intelligence

Staying on top of the latest cyber threats and understanding the ins and outs of cyber security knowledge is pretty much impossible for the average business owner. By hiring professionals, you gain expert knowledge to keep your business secure and on top of the latest cyber security intelligence.

Security Awareness Training

Phishing emails continue to be the leading cause of ransomware attacks. Having detailed, yet easy to understand security training for your staff is essential. A cybersecurity company will implement policies that promote a security-aware environment and deliver training so that everyone in your organization knows how to identify security risks.

Cost Savings

Finally, partnering with a cyber security company can deliver significant cost savings. Cyber attacks are super expensive, with the average ransom request for small businesses being reported as $5,900 last year. Even more troublesome is that in 2017, the average cost for a data breach was $117,000. Working with a cyber security company is well worth the cost of keeping your business secure.

About the Author

Zakary Koch has worked in the IT support field since 2004 and is fascinated by emerging technology trends. Especially keen on cyber-security, he enjoys sharing with others how to keep their information secure in this ever changing online world through informative and easy to understand blogs and advice columns.