Why Your Small Business Needs an Managed Service Provider (MSP) and Cyber Insurance Coverage (Before It’s Too Late)
As a small business owner or office manager, while running your business you’re already juggling countless tasks, hoping your technology doesn’t fail during peak hours. If cybersecurity isn’t a priority, you’re leaving your business wide open to hackers. Even worse, a cyberattack could not only damage your reputation but also lead to massive financial losses. Continue on to learn more about Managed IT Services and Cyber Coverage.
That’s why you need both a Managed Service Provider (MSP) and cyber liability insurance. An MSP acts as your outsourced IT expert, keeping your systems secure. Working within guidelines provided by your insurance company. Cyber liability insurance protects your business financially if a breach occurs. Together, they create a strong defense against today’s digital threats.
Hackers Target Small Businesses
If you think, “I’m too small to be a target,” think again. Hackers often go after small businesses because they usually have weaker security. An MSP changes that by setting up firewalls, monitoring for suspicious activity, and keeping your systems updated—making your business much harder to attack.
However, even with an Managed Service Provider, no system is 100% secure. That’s where cyber liability insurance comes in. It covers the costs of a cyberattack on your business, including legal fees, data recovery, and customer notifications.
Ransomware the big company problem targeting smaller companies
Ransomware used to be a problem for big corporations, but now small businesses are just as vulnerable. The damage from such an attack can be devastating. An MSP implements backup solutions and disaster recovery plans, so if an attack occurs, your data won’t be lost forever.
On top of that, cyber liability insurance can cover ransom payments, business downtime, and other costs, helping you recover quickly without breaking the bank.
Affordable IT Support and Financial Safety
Most small businesses can’t afford a full-time IT department. A Managed Service Provider gives you access to cybersecurity experts for a fraction of the cost. They’ll manage everything from day-to-day maintenance to cyber defense, letting you focus on growing your business.
Cyber liability insurance will not leave handling the financial burden of a cyberattack on your own. It’s a cost-effective way to ensure your business can survive a breach.
Don’t Wait Until It’s Too Late
An MSP provides the cybersecurity you need to keep your data safe, while cyber liability insurance protects your finances in case something goes wrong. Don’t wait for a cyberattack to happen before realizing the importance of these defenses.
In today’s world, waiting until something goes wrong is a dangerous game. Be proactive. Reach out to Keenan Technologies today to learn we can work with your Insurance vendor to offer Managed IT Services and Cyber Coverage.
