Security News > 2023 > July > Small organizations face security threats on a limited budget

Small organizations face the same security threats as organizations overall but have less resources to address them, according to Netwrix.

Smaller organizations usually have fewer resources and experience with which to address security threats.

Lack of budget is their top security challenge, reported by one in two small companies.

"Cost efficiency is top of mind for small organizations. To improve their security posture, these organizations may want to seek out solutions that are tuned for the unique cost and security needs of small businesses. In addition, partnering with a vendor that offers multiple solutions is a way to get a larger discount for using several tools," says Dirk Schrader, VP of security research at Netwrix.

"On one hand, there are a lot of cloud-native small businesses, born when cloud was already an integral part of the IT landscape. On the other hand, many small organizations made significant investments into their on-premises infrastructure and may not have the budget or resources to then migrate to the cloud," says Dirk Schrader.

"Lack of experience and fear of moving to the cloud can also hinder cloud adoption in small organizations. To benefit from the greater flexibility that comes from transferring some security-related tasks to a cloud provider, smaller organizations can engage an MSP to map the most effective cloud migration path for their business and consider using security tools that cover both on-premises and cloud infrastructure," says Dmitry Sotnikov.

News URL

https://www.helpnetsecurity.com/2023/07/05/small-organizations-security-threats/