At the intersections of Preparation and Best Practices, Knowledge and Execution, we find Cybersecurity and Cyber Insurance.
Below we will explore the two related, but very different topics.
Cyber Security and Cyber Insurance are indispensable to all 21st century businesses.
The steps an organization takes to protect their IT systems from cyber attacks is cybersecurity. A modern business faces many challenges within the cyberspace that exists inside every computer, phone, router, switch, camera, and internet connected device on their network. Cyber threats such as attacks from hackers, data breaches, internal data theft by staff, outdated software, and outdated hardware are some of the obstacles.
In the event an organization is compromised in a cyber incident, cyber insurance can help mitigate the costs associated with becoming a victim of corporate cybercrime.
43% of all cyberattacks target small to medium-size business (SMB). It takes almost 300 days on average for a company to realize they were compromised in an attack. 60% of businesses never reopen following a cyber breach. For companies with less than 500 employees the average cost of a data breach is almost 3 million USD. 61% of small and mid-size companies had a cybersecurity incident in the last year.
We Can Help:
JamKo IT Services provides Managed Security Solutions. Our Cybersecurity stack includes EDR (Endpoint Detection and Response to defend against malware), Patch Management, Data Backup, System Monitoring, Vulnerability Scanning, Web Security, Mobile Device Management, Email Security, Firewall Monitoring, and more.
We work with your business to meet all the requirements of your Cyber Insurance provider. Cyber Insurance applications have a litany of boxes to check before policies are issued. We help you through that process.
What is the difference between traditional Anti-Virus and EDR (Endpoint Detection & Response)?
Making the wrong choice between the two solutions could mean a massive Cybersecurity breach is on the horizon for your business.
Below we will explore some key advantages of securing your business computer systems with EDR instead of traditional Anti-Virus:
In the event a malware attack on your computer systems is successful, all changes made by ransomware or viruses can be rolled back to their pre-infection state. Traditional anti-virus cannot rollback damage caused by malicious software. EDR saves time, money, and valuable resources for your business.
Artificial Intelligence (AI):
EDR leverages AI to detect and prevent both current and emerging cyber threats to your IT infrastructure. Anti-virus on the other hand relies on slow rolling updates which lag behind cyber-attacker’s latest methods.
Endpoint Detection and Response allows for automated response and remediation to damage caused by malware. Anti-Virus requires lengthy investigation and manual remediation of damage which could cost your business valuable hours, days, weeks and even months of computer system downtime.
JamKo IT Services provides Managed EDR. Let the experts manage it for you. Contact us to find out how Endpoint Detection and Response can elevate your business’s cybersecurity readiness and let us manage the entire process for you.