Investing in Your Reputation: Why Quality Cybersecurity Matters

The importance of investing in top-notch cybersecurity, including understanding the cost of cybersecurity, cannot be overstated. Whether you’re a small business or a large corporation, safeguarding sensitive data and protecting your reputation is paramount. Unfortunately, some companies, especially smaller businesses, may be tempted to cut corners by opting for the cheapest cybersecurity option available. But as we’ll explore in this blog post, the actual cost of cybersecurity can be far greater than the initial savings. Let’s investigate why investing in your reputation with quality cybersecurity is necessary.

Small-to-medium sized businesses (SMBs) may not have the same resources as large corporations, but they face similar cybersecurity threats. In fact, SMBs are often more vulnerable because they are more likely to lack the comprehensive cybersecurity measures needed to protect against cyber attacks and their associated risks. What’s at stake? Financial, legal, and reputational consequences, and in some cases the very future of the business.

Microsoft is rolling out Conditional Access policies requiring multifactor authentication (MFA) from administrators when signing into Microsoft admin portals such as Microsoft Entra, Microsoft 365, Exchange, and Azure. This is a welcome move, as MFA is one of the most effective ways to protect against unauthorized access to sensitive data and systems.