Rayne Technology Solutions Blog

Rayne Technology Solutions has been serving the Monterey area since 2008, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Cybersecurity for Small Businesses

Cybersecurity for Small Businesses

If you own or run a small business you know, better than anyone, that it’s not easy work. It takes a lot of time and energy to meet the demands expected of you every week. That's why certain aspects of running a business, such as cybersecurity, often take a backseat to other, more urgent issues. Many small business owners look at cybersecurity as something they’ll get to when they have the time. Others rely on whoever in-house knows the most about computers.

Some employees might have the basic computer knowledge to get by, but a do-it-yourself (DIY) security approach isn’t the best choice. Let’s take a look at some reasons why outsourcing cybersecurity might be your best solution.


The Numbers Don’t Lie

In a recent survey, 87% of small business owners felt they were at low risk of ever being attacked. Even more alarming, 30% had absolutely no security solution at all. However, since 2016 at least 50% of small businesses have had at least one cyber-attack of some sort. That appears to mean that 37% of small businesses have already been attacked and still feel at low risk.

On average, a small business has a 60% chance of shutting down within a few months of a breach. Let that sink in. While many small businesses play fast and loose with security risks, the majority won't live to tell the tale past a hack. A huge percentage of small businesses are happily swimming in the waters of commerce unaware of the school of piranhas forming underneath them because most of the previous victims have disappeared without a trace.

No One Is Too Small

Small businesses falsely assume that no one sees their company as attack-worthy. They think larger businesses are bigger targets due to their size and income.  Everyone is a target. In fact, it's worse for small businesses because they not only have less ave less security, but their valuable information often lacks appropriate backup.

What’s Good for the Goose Isn’t Good for the Gander

When implementing cybersecurity prevention for a small business, many people turn to what they’re familiar with. This often takes the form of relying solely on basic virus protection. While programs like these are certainly better than nothing, there’s more to do than controlling the spread of viruses. Cybercriminals are more motivated than ever before, and some hackers even work in teams to attack your computers until they find a way in. Single-layer, consumer-level solutions are not the best defense.

The Rising Threat of Ransomware

Hackers are far from dumb criminals. They know exactly what they're doing. If a hacker encrypts the information on a single computer in a small business, there’s a good chance they can infiltrate the rest of the business, holding it captive using a ransomware attack.

When a hacker takes over your information, they hold it hostage until you pay the ransom, just like in a physical ransom situation. Just how much ransom are we talking about? According to some experts, half of all ransomware payments made by businesses amount to more than $10,000. 20% are more than $40,000. If you’re a large corporation, that could be a drop in the bucket. But for a small business, the cost is far more damaging. The ransom payment could amount to months of payroll. It’s no wonder that many small businesses close up shop after being attacked just once!

The Bottom Line

Take heart. This is not a hopeless situation. Nothing could be further from the truth! A small business simply needs to prepare. One of the biggest hurdles to having a comprehensive security plan is the cost. Most small businesses dream of having one dedicated cybersecurity person, let alone supporting a division like many larger companies. What is a more reasonable option?

MSPs (Managed Service Providers) are a way of outsourcing this difficult but important aspect of your business. Find a company that deals with small businesses regularly, like we do. MSPs understand the best ways to implement a security solution appropriate for your unique situation at a reasonable price. After all, a solution will only work if it keeps pace with the cybercriminals who are after your assets.

Continue reading

Hackers are After Healthcare Information

Hackers are After Healthcare Information

When you think of a hacker frantically tapping away in a dark room, who do you think he’s targeting? Banks? The government? Try healthcare information. 2018 saw three times as many healthcare-related cyberattacks as the year prior, and 2019 is holding onto that momentum.

Healthcare breaches are much larger in scope than we imagine. While you might think this affects a few dozen people at most, these hacks end up gathering information on thousands — sometimes millions — of patients at a time. One of the largest beaches this year (AMCA), exposed over 20 million patients. While these numbers can be mind-boggling, they do bring some important questions to mind.

Continue reading

Are You at Risk?

Are You at Risk?

We’ve talked about some of the more common threats that all businesses need to be careful of, but how dangerous is the web and how much of a risk is the current landscape?

Today we'll talk about a few of the most widespread threats that need your attention.

Continue reading

8 Biggest Threats to Small Businesses in 2019

8 Biggest Threats to Small Businesses in 2019

We still see the same scene in horror movies: the main character runs into the house, slams the door, locks the deadbolt and sighs in relief — but somehow the killer still sneaks up and attacks them from behind!

If you own a small business you just might find yourself in a similar situation. Sometimes small business owners spend large amounts of time and resources physically protecting their operations just to let the most dangerous threats sneak in through the figurative back door.

Today we’re going to talk about the 8 biggest security threats to small business in 2019, in no particular order. While a few of them are new, some past risks are still very much in play.

Continue reading

Breaches – Are you on a Hacker’s watchlist?

Breaches – Are you on a Hacker’s watchlist?

Why a comprehensive cybersecurity strategy is important to your business.

Here’s an alarming statistic for Small Business owners: 65% of cyber-attacks are aimed at small to medium businesses.

If you’re a small business owner, you’re aware that your company might be vulnerable to attacks by hackers. Even if they haven’t found a way to break into your system yet, you can be sure someone is trying to find a way to steal your precious data. Hackers enjoy a challenge, to a point. If they can’t crack your system the first time, it’s more than likely that they’ll keep trying.

If they can’t get in they’ll eventually go away, but that doesn’t mean they won’t be back.

There is a good chance a hacker is watching your business right now. And a chance someone has already breached your security. According to one study, it takes an average of six months for businesses to realize that they have been, or are being, hacked. It then takes up to 55 days to confront and suppress the attack. By then it’s too late: the damage has been done.

But why do hackers target small businesses? Some of the reasons are obvious, and some may surprise you. Here is a list of 6 reasons why Small Businesses get hacked:

Continue reading

Mobile? Grab this Article!

Qr Code

Blog Archive