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Believing These Myths About Risk Assessment Can Leave You Vulnerable

Thinking that they were safe, a small law firm ends up being hit by a ransomware attack. An accounting firm with ten employees loses access to all their client information, financial records and tax files. Both businesses believed that their antivirus software alone was enough to protect them from cyberattacks—but it wasn’t.

In both cases, these small businesses fell victim to advanced cyberattacks because their risk assessment practices were not up to par.

Many business owners have misconceptions about IT risk assessments, which can leave them exposed to threats

We have debunked some of the common myths about your businesses need for an IT risk assessment:

Myth 1: We aren’t a target – we are too small

Reality: Hackers often use automated tools to find weak spots in systems. Small businesses are frequently targeted because they often don’t have the resources to build strong cybersecurity defenses.

Myth 2: Risk assessments are too costly

Reality: The cost of a cyberattack—lost revenue, lawsuits and damaged reputation—far outweighs the expense of a risk assessment. Investing in proactive cybersecurity is a smart move that protects your business and saves you money in the long run.

Myth 3: Our antivirus software will protect us

Reality: Antivirus software alone isn’t enough to protect your business. Cybercriminals have become more advanced and can easily bypass basic defenses. To truly secure your business, you need a full risk assessment strategy and a multi-layered security approach. This will protect your business now and help it grow in the future.

Myth 4: A risk assessment is a one-time occurrence

Reality: Today’s business faces a threat environment that is constantly changing. Without regular risk assessments, it’s hard to build a strong cybersecurity defense. If you don’t conduct frequent risk scans, new vulnerabilities can sneak in leaving your business exposed to cyberthreats.

Myth 5: We can do our own risk assessment

Reality: Many businesses rely on their own resources to handle cybersecurity, but partnering with an IT service provider offers the best defence against a cyberattack. An experienced provider has the skills, tools and resources to conduct thorough risk assessments. They also stay up to date on the latest threats and vulnerabilities ensuring far superior protection than you could ever achieve alone.

Why You Need an IT Service Provider 

Partnering with an experienced IT service provider will secure your business by:

  • Providing accurate, up-to-date information on risk assessments
  • Conducting thorough assessments to find weaknesses in your IT systems and fixing them before they become a problem.
  • Creating a strong security plan that protects your business from a wide variety of threats.
  • Monitoring for for changing threats, so you can focus on growing your business instead of worrying about cybersecurity.

Take control of risks to your business

Don’t let threats catch you off guard. By regularly assessing your risks and strengthening your security, you can take charge of your business’s safety. Stay proactive, stay protected, and keep your business secure as you grow.

Click here to schedule a free consultation now with Dan!

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