As a business owner, you’ve probably considered whether it’s better to handle cybersecurity in-house or to outsource it. On the surface, insourcing might seem like the more cost-effective option, giving you direct control over your cybersecurity.
However, this decision could put your business at significant risk. Let’s dive into why insourcing cybersecurity is risky and why outsourcing to a managed service provider (MSP) like us could be your best bet.
The Hidden Costs of Insourcing Cybersecurity
Distraction from core tasks
First and foremost, hiring someone in-house for cybersecurity takes them away from other essential tasks. Cybersecurity is not a part-time job; it requires constant vigilance and specialized knowledge. Your existing staff, no matter how talented, are likely already stretched thin with their current responsibilities. Diverting their focus to cybersecurity can lead to decreased productivity in other areas.
Lack of expertise
Cybersecurity is a complex and rapidly evolving field. Learning on the job might work in some industries, but a “lesson learned” in cybersecurity can be a fatal event for your business. Phishing attacks, ransomware, and data breaches are just a few of the threats that require deep expertise to prevent and mitigate. An in-house team might not have the comprehensive skill set needed to protect your business effectively.
The Challenge of Keeping Up with Certifications
Expensive and time-consuming
Keeping cybersecurity professionals’ knowledge up to date is not cheap. Certifications and ongoing training are necessary to stay ahead of the latest threats. These costs add up quickly and can significantly burden a small or medium-sized business. Additionally, the time required for training means your in-house team is not entirely dedicated to protecting your business during these periods.
High churn rates
The cybersecurity field faces a significant skill shortage, making it difficult to retain top talent. Even if you hire a skilled cybersecurity professional, there’s a high chance they might move on to a different opportunity within a few years. This turnover can leave your business vulnerable during the transition period and force you to invest in recruiting and training new staff constantly.
The Risks of a Single Point of Failure
Holidays and sick leave
Relying on a single in-house cybersecurity professional can be risky. What happens when they go on holiday or call in sick? Cyberthreats don’t take vacations, and neither can your cybersecurity. Without a backup, your business could be left exposed during these times.
24/7 monitoring and response
Effective cybersecurity requires around-the-clock monitoring and rapid response to incidents. A single in-house employee cannot provide this level of coverage. Cyber threats can occur anytime, and having a dedicated team to respond immediately is crucial.
The Benefits of Outsourcing Cybersecurity to an MSP
Cost-effective solutions
Outsourcing your cybersecurity to an MSP like us is often more cost-effective than maintaining an in-house team. We handle all the recruiting, training, and certification costs, so you don’t have to. Plus, our team of experts gives you access to a broader range of skills and knowledge than any employee could provide.
Dedicated focus
Our sole focus is on protecting your business from cyber threats. We stay updated with the latest threats and best practices, so you don’t have to worry. This lets your staff concentrate on what they do best: driving your business forward.
Always available
With a team of cybersecurity professionals, you never have to worry about coverage. Whether it’s a holiday, weekend, or the middle of the night, we’re here to monitor your systems and respond to any incidents. You’ll have peace of mind knowing your business is protected 24/7.
Conclusion
Insourcing cybersecurity might seem like a good idea, but the risks and hidden costs can quickly outweigh the benefits. Outsourcing to an MSP such as ours gives you access to a team of experts dedicated to protecting your business without the added costs and hassles of maintaining an in-house team.
Let us handle your cybersecurity so you can focus on growing your business. Contact us today at (716) 775-7002 or Fred@HuskyLogic.com to learn how we can help keep your business safe.