Is Your Business Prepared for a Cyber Attack?

May 19, 2023
Industry Commentary

In today's digital age, businesses face an array of cyber threats that can compromise their sensitive data, tarnish their reputation, and and even threaten their financial stability. Businesses need to be proactive in their cybersecurity measures and constantly be on their guard against these threats. One effective solution is to engage the services of a Managed Service Provider (MSP) to help the business not just reduce the risk of an attack, but also to build resilience in case one does occur

Cyber threats are constantly evolving. Some of the most common attacks today include phishing attacks, malware, ransomware, and distributed denial of service (DDoS) attacks. Each of these attacks can have serious consequences. According to recent studies, the impact on businesses can be significant: a report by the Ponemon Institute found that the average cost of a data breach for a company was $3.86 million in 2020, and healthcare and financial services sectors are particularly vulnerable.

Managed Networking Services: reduce risk, increase security

I) 24/7 Monitoring and Maintenance

Managed networking services monitor and maintain customer network infrastructure 24/7. Constant monitoring for suspicious activity lets the MSP - and the business - respond quickly to emerging threats and minimize the impact of a potential attack. There is no way that a small business, even one with part-time internal IT staff, can match the capabilities of a professional MSP firm.

II) Vulnerability Assessments and Penetration Testing

Frequent vulnerability assessments and penetration testing are essential to identifying and fixing weaknesses in a company's network security before a malicious actor finds them. This process involves performing an assessment and then simulating a cyberattack to identify potential vulnerabilities, and is technically quite challenging. MSPs are in the best position to carry this out.

III) Regular Security Updates and Patch Management

One of the most basic, but also the most neglected, security measures is to ensure that all software and operating systems are up-to-date and that patches are applied in a timely manner. This is crucial for protecting against new and emerging threats, as hackers are constantly developing new tactics to breach networks. All good MSPs have tools and processes to handle this task on a routine basis. Businesses themselves rarely even think about this.

IV) Disaster Recovery and Business Continuity Planning

In the event of a cyber attack, it's essential to have a disaster recovery and business continuity plan in place. MSPs help businesses develop and implement these plans, which can include regular backups of data, redundant systems, and contingency plans to ensure that the business can continue operating in the event of a network outage.

Uplevel Systems & Actifile: The powerful duo in data defense

Uplevel Systems is a leader in advanced network security solutions, providing businesses with powerful tools to protect their IT infrastructure. Our expertise in securing networks, identifying and responding to security threats, and providing real-time monitoring is what gives your clients more security and more uptime.

Actifile, on the other hand, is a data-centric protection platform that patrols your IT systems and locates critical information such as customer files, financials, and R&D data. With real-time data maps and the ability to calculate the potential financial impacts of data loss, Actifile empowers businesses to assess their risk and remediate vulnerabilities with a single click.

The partnership between Uplevel Systems and Actifile creates a comprehensive solution for protecting businesses' sensitive data. By combining Uplevel’s and Actifile’s expertise and technologies, you get a powerful defense against data breaches and cyberattacks. With Uplevel Systems' advanced network security solutions and Actifile's data-centric protection capabilities, businesses can have peace of mind knowing that their sensitive data is secure.

The CEO and Co-Founder of Actifile, Guy Bavly talks about why MSPs need to embrace Data Security now.

To sum up, cyber threats pose a serious risk to businesses of all sizes, so it is critical for businesses to take preventative cybersecurity steps to safeguard their data. In order to help businesses become more resilient to these threats, managed networking services offer a number of advantages, such as round-the-clock monitoring and maintenance, vulnerability assessments and penetration testing, regular security updates and patch management, disaster recovery and business continuity planning, and regular security updates. Businesses can safeguard themselves from the destructive repercussions of a cyber assault, and guarantee the continuous success of their operations, by using the services of a reputable Managed Service Provider.