By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Start Your Business Magazine
  • Topics

    Grow, expand and leverage your business..

    Grow your start up business with our experts and industry insiders…

    Get Started

    Quick Links

    • Agenda
    • Business Books
    • Marketing
    • Technology
    • Wellbeing
    • Finance
    Reading: Data Protection

    Our Newsletters

    Our website stores cookies on your computer. They allow us to remember you and help personalise your experience with our site..

    Read our privacy policy for more information.
  • Trending
    TrendingShow More
    Communicate Better
    Start Your Business Start Your Business
    Majority of UK Employees Looking for a New Job
    Start Your Business Start Your Business
  • How To
    How ToShow More
    How to Start a T-shirt Business
    Start Your Business Start Your Business
    How To Keep Your Business Premises Looking Professional
    Start Your Business Start Your Business
    How to Manage Construction Expenses as a Small Business
    Start Your Business Start Your Business
    How To Make The Most Profit From Your Custom T-Shirt Business 
    Start Your Business Start Your Business
    5 Traps To Avoid When Starting A Clothing Brand
    Start Your Business Start Your Business
  • Agenda
    AgendaShow More
    Don’t Start Your Overseas Move Until You’ve Considered The Following
    Start Your Business Start Your Business
    How To Keep Your Business Premises Looking Professional
    Start Your Business Start Your Business
    Harnessing the Power of Business Automation: A Comprehensive Guide
    Start Your Business Start Your Business
    How to Master The Art Of Trade Show Planning: Tips For Busy Entrepreneurs
    Start Your Business Start Your Business
    Getting Your Product Out To Customers As You Would Like To
    Start Your Business Start Your Business
  • Book
Reading: Data Protection
Connect
Start Your Business MagazineStart Your Business Magazine
Aa
  • Contact
  • Blog
Search
  • Agenda
  • Blog
  • Finance
  • Growing
  • Marketing
  • Opportunity
  • Starting Up
  • Technology
  • Wellbeing
  • Contact
Have an existing account? Sign In
Follow US
  • RSS
  • Terms And Conditions
  • Privacy Policy
  • Contact
  • Licensing
Copyright © 2014-2023 Ruby Theme Ltd. All Rights Reserved.

Data Protection

Start Your Business
Technology
Share
6 Min Read

SMBs Should be Prioritising Data Protection

Cyberattacks are rising fast. The World Economic Forum reported at Davos this year that cyberattacks worldwide jumped 125% in 2021. Many of these attacks were targeted at large corporations and grabbed headlines, like the ransomware attacks on Colonial Pipeline and JBS Foods.

Contents
SMBs Should be Prioritising Data Protection1: MSPs bring resources to the table2. MSPs create a solid and stable data-backup infrastructure3: MSPs keep it simpleFinal takeaway 

But headlines can be misleading. Fewer reports focus on cyberattacks and data breaches impacting companies with less than 100 employees. And yet, SMBs are three times more likely to be attacked than large organisations.

Once attacked, SMBs are far more likely to suffer data loss because they don’t have the resources required to defend themselves against the broad range of cybersecurity threats in the world today or to recover from an attack.

A global study by Arcserve released in June 2022 found that 35% of attacked companies faced ransom payments of more than $100,000, and 20% received demands of $1 million to $10 million. For SMBs, this is a staggering and entirely unaffordable demand. And yet most do business with no defence against demands like that because their resources are limited, and they must be laser-focused on making those investments that will bring impactful results.

But as more SMBs learn about the growing threat posed by cyberattacks, more are discovering the many benefits of taking on an external partner to protect themselves and their data. Here are three ways that channel partners and managed service providers (MSPs) help SMBs prioritise data protection and gain the robust and affordable security they need.

1: MSPs bring resources to the table

There is a severe shortage of cybersecurity professionals in the market today. In a July announcement launching an effort to train more cybersecurity workers, the Biden administration noted that U.S. companies have hundreds of thousands of vacant cybersecurity positions because they can’t find people to fill them. For SMBs, the challenge is especially acute. They have less money to attract cybersecurity experts and fewer advancement opportunities to offer those they do hire.

But SMBs do have options. One of the quickest and most effective solutions for SMBs to meet their security needs is with an external partner, particularly an MSP partner that offers a team who can work hand in hand with the in-house personnel at SMBs. Such a partner can fill specific internal skill gaps and provide close support during cyber incidents.

2. MSPs create a solid and stable data-backup infrastructure

The ransomware problem will continue to grow in severity for SMBs as they leverage technologies like IoT, artificial intelligence, and 5G and generate more data. This data can be compromised and held captive in ransomware attacks. Fortunately, MSPs can help their SMB customers implement data backup and recovery strategies and ultimately thwart the massive threat posed by ransomware.

For instance, by deploying or recommending the right backup solution, MSPs put small businesses in a strong position to react quickly to ransomware attacks and minimise potential damage. Specifically, MSPs can implement an immutable storage solution that takes snapshots of data every 90 seconds, thus creating a series of recovery points and ensuring that the customer’s information will remain intact even if ransomware does sneak through. Indeed, that’s how the Italian municipality of Palermo recovered its data after a recent cyberattack.

3: MSPs keep it simple

Good MSPs keep it as simple as possible for their SMB customers. Instead of throwing out terms like recovery point objectives (RPOs) and recovery time objectives (RTOs) —which a typical, non-technical SMB owner might not understand—experienced MSPs paint a picture that every SMB owner can grasp.

Many MSPs start by asking their SMB customers what data they need to run their business daily. This question is crucial because not all data is equally valuable. An SMB that wants to save money should understand that it’s unnecessary to store or back up every bit and byte of data in its organisation. MSPs can help SMBs prioritise their data and understand what data they need in the event of a disaster so the business can remain up and running.

Good MSPs also offer data-management capabilities like data tiering. Data tiering is a method by which companies can move less frequently used data to cheaper storage levels or “tiers.” This approach helps an SMB save money on data storage while avoiding damage to its essential data.

Final takeaway 

In a world of increasing cybercrime and multiplying legions of hackers, SMBs finally realise they’re in the crosshairs. Yet many continue to underinvest in data protection, believing it’s too expensive. Well, it’s not. These days numerous MSP partners are offering SMBs the effective, affordable security they need to safeguard their data—and protect and grow their business.

Florian Malecki, executive Vice President marketing at arcserve

TAGGED: header

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Start Your Business November 1, 2022
Share this Article
Twitter LinkedIn Reddit Email Copy Link
  • RSS
  • Terms And Conditions
  • Privacy Policy
  • Contact
  • Licensing

Get the latest from us delivered straight to your inbox

Start Your Business Magazine: The Ultimate Business Start Up Guide provides information advice and guidance for entrepreneurs and new business start ups. Get the latest from us delivered directly to your inbox.

Our website stores cookies on your computer. They allow us to remember you and help personalize your experience with our site..

Read our privacy policy for more information.

Copyright 2023 Gambit Interactive Media Limited – All Rights Reserved.

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. Cookies are used for ads personalisation We do this to improve browsing experience as well as show personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Join Us!

Sign up to our free newsletter and never miss a hot topic!

Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?