Do small businesses need to ensure cybersecurity? Are there threats or chances of cyber breaches for small companies who handle confidential public information but are on the newborn stage?
We are a smart-up service-based company. We handle health care IT solutions. We already spend a decent amount on marketing our service. Fortunately, within three months of launching, we started making revenue, even though it is not in lakhs. So we are not financially well settled to afford any high-level cybersecurity services. At the same time, we can't compromise on our reputation by causing any inconvenience to our clients by losing their private information. As we mentioned, we are into digital health. We have to handle a lot of confidential bio-information of the public, so if it seems highly vulnerable to cyber threats, we don't mind investing in cyber security services. But only if it is necessary. So what do you think? Do small firms like ours need cybersecurity?
If so, what cybersecurity practices do you deploy?