SMB Cybersecurity Compliance Services

Small and medium sized businesses have some interesting hurdles to overcome with cybersecurity compliance, so let’s look at these challenges.

Challenges Small and Medium Businesses Face

Let’s look at small businesses first. Here are some of the challenges they face:

• Where do they begin with cybersecurity in the first place? We’ve had start-ups, solopreneurs and small businesses unsure of what they need in general.
• Do they need to be compliant and if so what are the requirements? It’s difficult starting and running a small business. You don’t have all the information you need. Over time you start learning about different things that apply to your business. At some point cybersecurity and compliance creeps onto your to do list. It can be overwhelming figuring out what your requirements are and even more so if you aren’t knowledgeable about this field.
• Lack of internal expertise: Not everyone that’s starting up or running their own business has deep knowledge about cybersecurity. You shouldn’t be expected to because you want to do what you do best; serve your customers and clients. We understand that completely. That puts you in a bind when something goes sideways because you need to set aside time to educate yourself to put that fire out.
• Lack of time and resources: If you’re a one person show or you have a small team, building out a cybersecurity framework will take you time. It’s something you won’t be able to bang out in a day. There’s also the challenge of resources. If you don’t know where to look for budget friendly controls, it becomes cost prohibitive.

With medium sized businesses, in a way you have similar challenges:

• You’re growing from a small business to medium sized, or you’re on the verge of becoming a behemoth of an organization. These growing pains include changes in compliance. With that comes new requirements.
• Lack of internal expertise: You might have some in-house technical support; maybe even one team member that is a generalist with cybersecurity. Maybe you’re outsourcing these duties to third party vendors. There might be situations where there’s something beyond the scope of experience that they need help with to keep your lights on and protected.
• Lack of time and resources: More endpoints, more servers, more web applications, and more employees means more chances of issues your technical support or security team needs tending to. They might have limited time to dedicate to compliance. Resources might be stretched thin when it comes to upgrading technology, security controls, policies, plans, and procedures.

While these are the challenges we perceive that SMBs face with compliance, and cybersecurity itself, not doing anything to protect your organization is costly.

You’ll have to deal with the cost of the incident itself, legal costs, reputational costs, and the cost of losing customers/market share. You can read about it in our article here.

This is why it’s important to bring in experts to help address your needs.