Chris Swagler | July 25th, 2022

Threats to cybersecurity come in all shapes and sizes. A seemingly innocent email from a reliable coworker can have dangerous viruses and other malware, including ransomware, or trigger a phishing attempt to compromise companies’ data, and clicking on bad links will have the same impact. Small to mid-sized businesses (SMBs) are also at risk of being targets of cyberattacks, not just well-known brands. It’s no surprise that numerous SMBs have cybersecurity on their mind as a cybersecurity study shows that 79% of respondents express concern about experiencing a cyberattack within the next 6 months. Even though SMBs want to protect themselves, they face challenges in finding strong cybersecurity companies including:

This is where cybersecurity companies become a huge help when it comes to assisting MSPs and their clients with their IT and cybersecurity needs since MSPs have the IT infrastructure, staff, access to expertise, and industry knowledge. By partnering with a cybersecurity company to assist MSPs with IT and cybersecurity, SMBs can take the necessary steps to protect themselves against threats.

MSPs need to make sure that their own business has cybersecurity on their mind before talking to their clients about it. Like any business, MSPs can be the target of cybersecurity threats. MSPs need to ensure that the cybersecurity company they partner with has the tools and processes to protect their IT systems. A good place to start when it comes to cybersecurity is risk assessments like SpearTip’s advisory services that not only identify vulnerabilities but also offer pragmatic remediation steps to immediately improve their security posture.

Using SpearTip’s pre-breach risk assessments services, MSPs will be more equipped to protect their business, serve their clients, and assist their clients with their own cybersecurity risk assessments once they understand their risks better. MSP can also utilize SpearTip’s network vulnerability assessments as part of the risk management process to assure their devices and networks are not open to known vulnerabilities.

When SpearTip conducts cybersecurity risk assessments for partners, they base the report on facts. The certified engineers use clear, direct language, and never use fear, uncertainty, and doubt. Cybersecurity threats are a reality when it comes to doing business and it can be scary to think about cybersecurity incidents that can impact MSPs’ business. Our team focuses on the report to help MSPs and their client know the risk and what to do about it, including taking proactive steps so clients don’t have to decode to improve their security. Understanding their client’s unique risks, risk tolerance, and the most important protections can help MSPs communicate clearly with them and different industries encounter various challenges.

To communicate with clients clearly and meaningfully, MSP operators must understand the risks present for each client, including their risk tolerance and any industry-specific requirements. Companies that deal with health information, for example, may be required to comply with HIPPA standards and protect against those related risks. The bottom line is that risk assessments need to be specifically tailored to the needs, structure, and unique profile of each client to bolster their present and future security.

When MSPs and their clients prepare to engage in a total cybersecurity risk assessment, it’s vital to have a clear action plan in place. There are several top priority recommendations to have as part of the action plan:

Whatever specific and actionable next steps are endorsed, it’s necessary to reiterate they need to be client-focused considering the current security stack, specific attack surface, and overall knowledge.

When MSPs partner with SpearTip to engage their own and their clients’ businesses in cyber risk assessments, our team reviews the entire organization from the top down in terms of their personnel, policies, technology, and compliance. We then provide a comprehensive set of risk assessment services tailored to the gaps and needs of each organization, including penetration testing, tabletop exercises, and red team exercises. Following the implementation of our cybersecurity risk assessments, we offer valuable remediation steps to strengthen your security posture. Our risk assessments are supported by a team of experienced, certified engineers and our 24x7x365 US-based Security Operations Center.

If your company is experiencing a breach, call our Security Operations Centers at 833.997.7327 to speak directly with an engineer.