Protecting a business used to mean installing locks, security cameras, access control systems, and other security measures designed to prevent bad actors from accessing the business’s property or physically obtaining crucial data in any way. Now, cybersecurity is just as necessary as physical security, if not more so, to safeguard the information and systems a company relies on to stay in operation and keep business moving forward.
Here are 4 fast facts about cybercrime:
- On average, a new cyberattack is committed every 39 seconds.
- There are 2,200+ cyberattacks occurring every day.
- Phishing is the most common cyberattack technique, leading to roughly one-third of reported data breaches.
- Cyberattacks cost companies an average of 2.6 million dollars.
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Cybercrime Will Cost US Businesses 1.82 Trillion Dollars by 2028
Cybercrime is one of the biggest threats to any US business—including those in Tampa, Florida—regardless of the company’s size, scope, industry, location, or any other factor. When a hacker or other type of cybercriminal infiltrates a victim’s computer network or connected device, they can quickly gain access to sensitive information and easily jeopardize the victim’s finances, systems of operation, reputation, and so much more.
There are two ways to define cybercrime:
- Infiltrating computers via malware or other malicious solutions.
- Committing acts of crime using a computer or computing technology.
Because so much business happens virtually now via the Internet and networking systems, and because cybercriminals are becoming more and more technologically advanced in their malicious operations, there are nearly endless opportunities to target individuals, companies, organizations, and other entities throughout the country, destroying what victims have built and costing them a fortune.
Want proof? According to Statista:
- In 2023, 75% of all businesses were at risk of a material cyberattack, or an attack that negatively impacts financial conditions, operations, reputations, or positions in the market.
- By the end of 2024, the forecast indicates that cybercrime against US entities will cost $452 billion.
- By the end of 2028, the cost of cybercrime in the US is expected to rise to $1.82 trillion.
- In 2023, the US was third worldwide as having the most companies report the loss of sensitive information due to cyberattacks.
Types of Cybercrime
Whether performed by a highly skilled and sophisticated cybercriminal or an amateur hacker,
there are many forms of cybercrime that can negatively impact an organization.
Types of cybercrime can include:
- Malware attacks
- Phishing scams
- Distributed DoS (DDoS) attacks
The results of these attacks can include:
- Cryptojacking
- Cyberespionage
- Cyberextortion
- Email fraud
- Identity fraud
- Network compromising
- Phone hacking
- Ransomware attacks
- Theft of corporate data
- Theft of credit card information
- Theft of financial information
- Theft of intellectual property
Protect Against Cybercrime With Ultra-Secure IT Services
The tactics, techniques, and technology cybercriminals use and continue to develop are increasingly sophisticated. As a result, it’s crucial to utilize advanced IT security measures, a task made easier when you partner with a managed IT security services provider.
What Are Managed IT Security Services?
Security-centric managed IT services are a comprehensive suite of IT services that work to keep criminals from accessing your computer networks, allowing you to continue with business as usual, without the threat of an attack.
Skilled managed security service providers (MSSPs) offer and utilize the latest cybersecurity measures, which include but are not limited to:
- Backup and disaster recovery
- Compliance monitoring
- Data center management and monitoring
- Email security
- Endpoint security
- Incident response services
- Managed firewall services
- Network security
- Server monitoring
Through robust IT services, your MSSP can maximize your company’s protection against all types of cyberattacks, whether the attack is coming from a novice hacker or an organized group of advanced cybercriminals.
What Are the Benefits of Managed IT Security Service?
The entire purpose of managed IT security service is to safeguard your business information by keeping cybercriminals out of your network(s). The benefits of cybersecurity for your business via an MSSP are substantial and include:
Thorough, Comprehensive Threat Protection
Managed IT services cover the entire gamut of cybersecurity for your business. As a result, you benefit from protection against the threat of:
- Data loss
- DDoS attacks
- Financial loss
- Legal and compliance risks
- Phishing schemes
- Ransomware attacks
- Reputational damage
And more.
24/7 Protection
Cybercriminals never sleep–or at least their malicious systems don’t. Neither do your MSSP’s cybersecurity solutions. Partnering with a skilled team of IT experts means receiving continuous network monitoring and real-time incident responses that ensure you are always safeguarded. Should a threat come your way, even in the middle of the night, you’re still safe thanks to continuous monitoring, immediate identification capabilities, and mitigation solutions that stop an attack before it can cause costly damage.
Expert Protection
When you partner with a skilled and experienced MSSP [link to homepage], you’ll benefit from having a whole specialized team in control of your systems and information security. By relying on in-depth training and using the latest security technologies and methodologies, your MSSP will ensure that you are fully protected with the best cybersecurity measures and tactics available.
Affordable and Scalable Protection
You could pay for a team of in-house IT specialists to monitor and protect your information, but doing so is extremely costly.
By entrusting your IT security to a quality MSSP, you’ll receive the same protection—or often better protection—at a fraction of the cost it takes to retain a full-time IT manager and team.
Additionally, an MSSP is scalable to your business. As your business grows, your MSSP can scale up your cybersecurity solutions to match your needs. No matter where your business is currently, your team will meet you where you’re at and make adjustments whenever necessary.
Compliance-Focused Protection
Not only can cybercrime negatively impact your finances, but it can also land you in hot water with any of the entities that regulate your industry. Rules and regulations can be different from business to business, but the need for compliance is universal. With an MSSP on your side, you can trust that your cybersecurity efforts meet compliance standards, limiting your liability in the event of an attack.
Cybersecurity for Your Tampa, FL Business Is Vital. Partner With the IT Service Experts at MHD for the Ultimate Protection.
With the threat of cyberattacks constantly looming, you need a team of IT specialists on your side that will guard your network(s) and keep your information where it belongs: with you. With offices in Tampa and West Palm Beach, MHD serves small to mid-sized businesses throughout Florida with robust, comprehensive managed IT services and cybersecurity services that stop cyberattacks before they can devastate your business.
To learn more about our IT services and security solutions for your Florida business, contact an MHD specialist today: 833-MHD-INFO (833-643-4636)
MHD is your premier IT partner, serving businesses in and around Tampa Bay, Florida, and West Palm Beach, Florida.