Existing cybersecurity vendors favor the big fish, aka large enterprises that have all the resources, budget, and willingness to work with multiple products that need integration and orchestration.
However, the “one-size-fits-all” approach doesn’t cater to startups and small and medium-sized organizations that have limited budgets, resources, and time. On top of that, every SMB is different and they have different security and compliance requirements.
Luckily, there is a new way to make cybersecurity accessible for startups and SMBs. Cybersecurity as a Service (CSaaS) gives you the unprecedented power to customize and yet afford cybersecurity services for businesses of any size. We will learn more about it shortly.
The one-size-fits-all is probably the only size available that is too robust to fit most organizations. Therefore, organizations try to bring cybersecurity in-house, or just ignore it all together. Neither option is efficient or productive.
Many organizations just make investments and buy a plethora of tools only to keep them on the shelf and never utilize them, while the rest can’t afford such expensive tools and people to manage them.
Broadly speaking, there are 2 major cybersecurity challenges facing the SMB industry today:
This is more painful for small and midsize businesses where recruiting cyber experts is particularly expensive and challenging.
Unfortunately, with the cost of a breach going over $3.92 million, it doesn’t matter what the size of your organization is; your business can’t afford to get cybersecurity wrong.
This is even more pressing for SMBs where estimates have found that 60% of the SMBs are forced to shut down following a cyberattack.
We are pretty sure you don’t want to take a chance and just hope to not be in that 60%!
This and its inability to let people choose what security services they want for their organization, precisely tailored for their business needs, call for a better and more democratic way to cyber security.
Per a report by IDC current global cybersecurity sales are estimated at more than $40 billion, which is growing at 8% annually. However, despite its size, the market remains underserved by cybersecurity players.
A new strategy is required to adequately address the need of the SMBs with more efficient direct remote-selling approaches to capture growth in the managed security segment.
Small and medium-size businesses would be best served with an integrated and simpler security suite or better yet “security in a box” on the cloud.
Core to this concept is the need for a holistic, MDR (Managed Detection and Response) approach to fully analyze all the threat vectors such as endpoints, networks, and cloud.
This “security-in-a-box” could also help secure firewalls with phishing preventative measures and mobile security capabilities.
The whole point is to reduce the complexity of implementation, deployment, and maintenance with components deployed on the cloud.
Cloud has opened up a whole new spectrum to a more open and democratic way to access services. There are cloud services already in place for the software in the form of SaaS (Software as a service), however, democratizing cybersecurity has been long overdue.
It’s time we use the cloud to democratize cybersecurity and make it more accessible and affordable for each business out there.
This is where CSaaS aka Cybersecurity as a Service comes into the picture. It’s a game-changer with the freedom and flexibility that it brings along.
Imagine having all the cybersecurity tools at your disposal and you can choose what you want to use, how long you want to use, without being worried about dedicated in-house skilled manpower to take care of integration and orchestration. This is the superpower CSaaS holds; automating and democratizing cybersecurity. We call this CYBERCRACY!
With the pay-as-you-go model, you get the power to upgrade/downgrade the cybersecurity level without worrying about high setup costs and overhead to maintain your own IT department.
This gives SMBs the ability to access higher levels of security that they wouldn’t otherwise have outside the cloud environment.
Buying all the security tools is like buying vegetables from the market. If you can’t make use of all the ingredients and use them in the proper ratio to cook nice food, it’s of no use buying them in the first place.
Likewise, integrating security tools is essential to implement effective cybersecurity.
You can’t manage everything manually. In fact, you must not. It’s inefficient. Automating configuration and management of the services take away the pain.
Security task orchestration ensures that low-level tasks are automated, including the orchestration between complex, distributed ecosystems, and services.
This ensures a more nimble and responsive environment in the event of a successful cyberattack. Cloud-based management of endpoints helps with deep visibility via remediation maps.
This puts CISOs in an elevated position to better coordinate response efforts and track the impact in the event of an incident.
Having automated security services has its perks. It ensures that your business’s online presence is safeguarded 24/7 by AI.
Cloud welcomes businesses of any size to afford and implement cybersecurity efficiently and effectively.
SMBs have budget constraints and they are always looking for a tradeoff between budget and security.
CSaaS with its subscription model gives you the freedom to handpick services that your business needs and only pay for what you use. You can always cancel your subscription anytime.
Cyvatar’s modern cybersecurity approach takes care of these top areas of concern. And your organization’s cybersecurity is as seamless as possible.
To ensure your investment aligns with the business goals, and the desired outcome, you need to ask the following questions:
By asking the right questions and ensuring cyber security investment in the context of business-focused impacts, businesses can craft better security transformation roadmaps and eventually deliver better business continuity, resiliency, and growth.
And Cyvatar’s laser-focused customization for your business needs helps achieve that.
The very existence of Cyvatar was built on this idea of making cybersecurity affordable and attainable to the last organization. We built Cyvatar out of sheer frustration of seeing SMBs not being able to efficiently secure their organization and the data.
We brought the ICARM methodology; wherein you decide what services you want, how long you want; with a monthly subscription-based transparent pricing model.
Cyvatar’s managed security services make cybersecurity seamless by taking away most of the manual overhead, and our fully managed Cybersecurity Foundations, Cybersecurity Prevention, and Cyber Prevention & Cloud members benefit from an exclusive cybersecurity service guarantee that pays up to $100,000 of breach-related costs with Cyvatar’s Cysurance.
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Circa Las Vegas
Thurs. Aug 5th
Cybersecurity Reunion Pool Party at BlackHat 2021