Why SMEs need cyber security protection just as much as enterprise

INSUBCONTINENT EXCLUSIVE:
a daily basis.Nearly one million SMEs suffered a cyber attack in the last year -- which is no surprise considering that SMEs host customer
data, IP, and other prized assets in exactly the same way as the enterprise.Cyber crime companies: the twisted offspring of the lean startup
from SMEs themselves; although certainly despicable, nefarious cyber businesses have sprouted up, analogous in many ways to the startup
world
Both have adapted to a highly pressurised and competitive environment by adopting a similarly lean and agile approach
Unfortunately, though, the criminal world has twisted the now-familiar lean business principles, renowned for giving SMEs an edge, and
mutated them to create a contemporary criminal network that is, regrettably, highly effective.As such, whether a business is large or small,
if it holds something of value, it could be a target
Previously, sophisticated security defence technologies have traditionally been the reserve of big businesses with well-funded budgets,
an opportunity for hosted and managed security services that relieve the skill and resource pressures faced by many organisations in the
more progressive machine-learning capabilities
In essence, SME offerings need the same capabilities as the highly skilled security operations found in well run large enterprises
This is where the benefits of cloud-hosted protection becomes most apparent.In turn, this will move the needle for businesses of all sizes
and budgets, as it affords customers the ability to purchase the expertise they require
This leaves their own teams to focus on incident response, incident handling, and other higher value activities where knowledge about the IT
environment and business is needed
The grunt work is removed, as people don't need to constantly look over the product for alerts; moreover, the company doesn't become more at
risk out of working hours.At the end of the day, businesses can no longer afford to have staff distracted from their other, vital
responsibilities
By adopting the combination of a managed and hosted service delivery and user entity behaviour analytics (UEBA), businesses can arm
themselves with an ideal, cost-effective solution to this conundrum
chainAll of this is especially important, given the important roles played by many SMEs in the complex supply chains that power the economy
Cyber criminals target businesses not only because of their own corporate identity and data, but also because of which other businesses and
Only by doing this can they save not only themselves from the perils of an attack, but also much bigger enterprises further up the chain --
protecting a whole host of staff and consumers in the process.When all's said and done, technology should benefit everyone, rather than just
those with big cyber budgets
Putting such powerful technology directly into the hands of businesses -- regardless of size -- means that every business can access a
highly secure, easy to deploy, and economically friendly resolution
Ultimately, this is what all emerging enterprises deserve.Dr Jamie Graves is founder and CEO of ZoneFox
He founded the company in Edinburgh in 2010 after being a fellow of Napier University and attending MIT.UPFFHEahQcbD3oY4T4H7NT.jpg#