Research shows that outsourcing “chores” can make you an average of $18,000 richer, even though you’re spending money to outsource. The survey participants found that the other things they could accomplish with their extra time made the outsourcing worth it.

And for a majority of business owners, cybersecurity falls under the chore category. If you’re not experienced with IT, cybersecurity tasks can drain time and resources. In the long run, you’ll likely save money by outsourcing cybersecurity for your company. Here’s what you need to know.

Cyber Risks Your Utah Business Will Be Facing in 2023

  1. Targeted Attacks – Hackers are constantly evolving their tactics to create more sophisticated cyber attacks, aimed at specific companies. With the transparency of social media, hackers can find out where you and your employees attended school, what businesses you frequent, and other frightening pieces of information. They use this information to pose as trusted organizations so they can attempt to breach your data.
  2. Cloud SecurityThe cloud has changed the way businesses store data, but it also comes with risks. Organizations are increasingly relying on cloud-based systems for their critical data and applications, making them more vulnerable to malicious attacks.
  3. Data Breaches – Data breaches are becoming more frequent and costly for organizations, with the average cost expected to hit $5 million during 2023. It’s important to have measures in place to prevent data from being stolen or manipulated in any way. A reliable IT security partner can help you create a plan and implement the best security protocols for your business.

How Do You Know If You’ve Outgrown Your Current Cybersecurity Strategy?

Before outsourcing cybersecurity, it’s beneficial to know whether your current security is working or not. Here are some signs that you may have outgrown your cybersecurity strategy:

  • You’re not sure what kind of data is stored in your system.
  • Your current protection systems aren’t effective against recent malware threats.
  • You lack a comprehensive plan for responding to cyberattacks.
  • You’re unable to track changes in your system.
  • You’re having trouble implementing changes quickly.
  • Your in-house team is stretched thin and can’t keep up with the demands of cybersecurity.

If you recognize any of these signs, it’s time to look for an IT security partner who can help you maximize your time and money.

How You Benefit From Outsourced Cybersecurity

When outsourcing cybersecurity, you get access to the latest technology and strategies. An experienced provider can identify risks, manage threats, protect data backups and recovery plans, audit network usage for compliance purposes, and manage identity management protocols.

This will not only save you time and money but also give you peace of mind that your business is secure. A reliable IT security partner will be dedicated to protecting you and your data, giving you one less thing to worry about.

By outsourcing cybersecurity, you can focus on running your business instead of stressing about potential threats. One of the most important benefits? The cost savings that come with outsourcing can help you reinvest in other areas of your business.

Top 5 Qualities to Look for in an IT Security Provider

Your IT provider can and should be more than someone who only offers help desk support. When you work with the right IT company, they will be your partner in protecting your business from cyber threats and improving your bottom line. Here are five qualities to look for:

  1. Proven success record. Look for a partner with a proven track record of successfully defending against cyberattacks and helping businesses recover quickly from security incidents.
  2. A comprehensive approach. Your provider should have deep expertise in all areas of security, including access control, employee training, and data loss prevention.
  3. Up-to-date knowledge. An experienced provider should have an understanding of the most advanced cybersecurity solutions and be able to recommend the best solutions for your organization’s needs.
  4. A professional team. Look for a provider with a team of certified security experts and engineers who have the knowledge and skills to protect your business. This doesn’t mean you have to pick the company that’s been around the longest—just make sure the company you go with has delivered for their clients.
  5. Cost-effective strategies. Outsourcing should save you money in the long run, so look for an IT provider that can explain why certain IT strategies will work for your business.

When you outsource IT, you gain access to an entire team of IT experts that are ready to help you take advantage of technology and grow your business. No matter your goals, there’s some way to use technology to achieve them.

See How Outsourcing Improves Your Bottom Line With Nexus IT

Your company can use IT to streamline processes, create better customer experiences, and maximize profits. At Nexus IT, we help you do just that by providing expertly managed services and support so you can focus on running your business.

Our team of certified engineers specializes in the latest technology and strategies to keep your systems secure. With a ticket response time of under 30 minutes and a resolution time of under one hour (compared to the four days of our competitors), you’ll always have the support you need.

Schedule a consultation with our team to see how you can benefit from outsourcing your IT.