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Bottom Line IT | Cybersecurity Awareness Month: Getting Hacked is No Treat

Bottom Line IT
October 26, 2021 8:00 AM

Bottom Line IT (1)

October is already a spooky month with Halloween, but it is also Cybersecurity Awareness Month.

Bottom Line I.T. PodCast for October 2021.

If you own or manage a business, you’re likely no stranger to the risks of cyber-attacks. Businesses of all shapes and sizes are making headlines due to falling victim of an attack. However, for many, news of cyber-attacks has become white noise.

Give this six-segment episode with Josh, and Mike a listen in the podcast below:

Mike Maddox of Application Specialist Kompany (ASK) is here today to talk with cybersecurity expert, Josh Gembala. As ASK’s Enhanced Security Services (ESS) Manager, Josh has just about seen it all. In this episode of the Bottom Line IT Show, Mike and Josh get into the nitty gritty of what today’s cyber threat landscape looks like, how it’s changed over the last 12 months, and what business owners need to know – especially if working with Managed Service Providers (MSPs).

In segment 2, Mike and Josh talk about the devastating impact a cyberattack has on a business. Many business owners think of the financial costs. Many stats on the web talk about the cost per record. While this is most definitely a contributing cost, business owners also need to consider the legal and attorney costs. Additional costs that quickly add up:

Legal and attorney fees

Loss of production due to downtime

Overtime-pay for IT staff, executives, etc.

Public relations fees

Damage to reputation, trust with customers

In segment 3, Mike and Josh hit on an interesting topic about managed IT service providers and cybersecurity. They go into detail on how the wave of cyberattacks in recent years has morphed managed IT service providers into marketing their services around cybersecurity. Mike and Josh caution business owners not to be tricked by the buzz words and marketing tactics. What they encourage business owners to do though is to thoroughly vet and question their MSPs’ cybersecurity business model, their level of expertise and training, and how their security services are offered.

Check out the full episode to get ALL the details.

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Listen to "Bottom Line IT" every week on The Michigan Business Network. We break down the technobabble by providing news, practical tips, and answers to your most pressing technology questions. We talk about how technology can be used to mitigate risks, reduce costs, increase efficiency, and produce profits for businesses.

12:00 PM every Tuesday

Replay: 6:00 PM, 12:00 AM, 6:00 AM