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Why SMBs Are Attacked And How? Why Teceze Services Are Required?

Cyber security 03/23/2020 - 11:11 by Swathi Raju

SMBs Security – Why and How?

Why attacks are successful?

It only takes hackers 4 minutes to get in your network, but 99+ days for SMBs and other businesses to discover they’ve been breached.

30 % of users open emails from attackers, 10% click on attachments or links.

63% of passwords are weak, default, or stolen.

53% of users accidentally share information.

Where are the biggest security pains for small businesses?

Email

  1. Subpar antivirus antispam doesn’t catch attacks
  2. Users click on ransomware and phishing links
  3. Accidentally send confidential data

Mobility

  1. One extreme: Prohibit use because of security concerns
  2. The other: Don’t provide any protection for data on devices

User credentials

  1. Users have same passwords across all accounts, increasing risk if compromised
  2. Attackers have sophisticated methods to easily steal credentials

Compliance

  1. Standards don’t change based on company size
  2. Requirements for GDPR and other regulations are rigorous and complex

Why don’t small businesses have the security they need?

Common misconceptions about small businesses contribute to the problem.

1. Security is too complex

While SMBs may not have in-house IT departments, that doesn’t mean they can’t implement comprehensive security. Technology and services can radically reduce complexity while also providing strong protection.

2. Security is too expensive

SMBs typically spend about 15% of their budget on security or $1,320/user annually. To increase protection, you don’t need to necessarily increase IT spend – just adjust how you are spending your dollars.

3. Security is not a business priority

Small businesses that deal with customer information – whether they are retail, financial, health care, or food services – have the same accountability to secure data as big enterprises, so they need enterprise- level protections.

SMB Security – Microsoft 365 business

Business way to reduce risk while you focus on running your business

Comprehensive solution, easy to use

  1. One solution for productivity and security
  2. Cloud platform simplifies deployment
  3. Gets you up and running quickly

Reduces costs

  1. Eliminates costs for multiple third-party vendor solutions
  2. Reduces maintenance and management costs

Aligns with business goals

  1. Security built into your productivity platform
  2. Don’t need to make trade-offs to justify security investment
  3. Protect business against risk-related costs

Did you know?

91% of cyberattacks start with a phishing email.

15% of phishing attack victims fall victim a second time.

95% of cyber attacks that led to a breach were followed by some form of software installation.

What are the Microsoft 365 business security benefits?

The security benefits are;

  1. Protect against security threats
  2. Protect business against data leaks
  3. Control user access to business information

Protect against security threats –

  1. Protect inboxes against spam and viruses
  2. Block ransomware and phishing attacks
  3. Keep Windows 10 devices safe from sophisticated malware

Protect business against data leaks –

  1. Restrict copying and saving of business information
  2. Block sharing of sensitive information like credit card numbers
  3. Prevent unauthorized users from opening or viewing sensitive documents
  4. Encrypt data on mobile devices
  5. Wipe data on lost or stolen devices
  6. Back up email in secure archive

Control user access to business information –

  1. Only let the good guys in
  2. Know who is accessing your data
  3. Keep credentials safe
  4. Confirm identities with multi-factor authentication
  5. Quarantine compromised devices
  6. Prevent non-compliant devices from accessing your systems

How Teceze services help SMBs?

Protect content: creation, transit, consumption – Use cloud applications without putting company information at risk by adding protection, ranging from access privileges to data encryption.

  1. Shadow IT Detection: Discovering Apps and Risk Scoring
  2. Intelligent Classification and Tagging of content
  3. Document encryption, tracking, revocation
  4. Monitoring shared files and responding to potential leaks
  5. Data segregation at a device/app level

Workplace Issued or BYOD Devices – Manage company and BYOD devices to encrypt data and ensure compliance, automatically detect suspicious activities, and quickly block, quarantine, or wipe compromised devices.

  1. Shadow IT Detection: Discovering Apps and Risk Scoring
  2. Conditional Access
  3. Device and App access level controls: PIN
  4. Device and App encryption at rest
  5. Save-As, Copy, Paste restrictions
  6. Device and App level data wipe

Overall, Teceze services are essential for SMBs for the following;

  1. Secure data
  2. Secure devices
  3. Creating actionable roadmap
  4. Establish security baseline
  5. Continuous monitoring and reporting to reduce risk
  6. Integrate data into compliance or cybersecurity apps to improve overall protections
  7. Threat monitoring and prevention to block viruses, malware, ransomware, phishing, and spam attacks
  8. Identity & access management for limiting access to business apps and servers
  9. Automated dashboards to show incidents logged and threats prevented.
  10. Document encryption monitoring and remediation
  11. Monitoring and enforcement for access to shared files in email and team sites
  12. Archiving and compliance reporting for email and/or backup and disaster recovery
  13. Endpoint security monitoring and remediation for laptops, PCs, tablets, and phones
  14. Corrupt device quarantining and download prevention

The only way to protect what you’ve worked hard to build is to be vigilant when it comes to cybersecurity. If you’d like to know more about how your business can benefit from managed services, just give us a call, we are here to help.

SMBs that deal with customer information have the same accountability to secure data as big enterprises, so they need enterprise-level protection.