Prime Managed Technology Solutions Protects SMBs from Exponential Growth in Cybercrime

SKOKIE, Ill. - Dec. 8, 2020 - PRLog -- Prime Managed Technology Solutions, a leading managed technology services provider (MTSP), announced today that it is educating companies on the dramatic spike in cybercrime targeted towards small to mid-sized (SMB) businesses. Cybersecurity Ventures predicted that "cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015." Effectively, this means that criminals have access to unlimited budgets to increase the sophistication of their attacks, meanwhile, business owners are doing little or nothing to defend themselves. Those diverging trendlines signal a precarious future. Furthermore, due to COVID-19, most businesses have been forced to operate remotely which has increased their reliance on home networks to perform their daily duties. This increased reliance on insecure home networks has left them more susceptible to breaches than ever before.

         Most business owners are aware of this problem, but disregard it as a distant threat that can be eliminated through the standard cybersecurity solution – which is comprised of a prepackaged firewall, anti-virus/malware protection and data backup plan. However, while that used to be a sufficient solution, it's unfortunately no longer appropriate. Hackers are constantly evolving their methods and as they find new ways of causing a breach, new technologies are needed to combat these advances. The gap is widening and is also showing no signs of slowing.

         Vic Levinson, President of Prime Managed Technology Solutions, stated, "The game has completely changed and businesses need to understand the implications of inaction. For example, in most states, you're legally obligated to publicly announce any breach to news outlets. This can do irreparable harm to a company's reputation, which is an extremely costly burden to bear, especially when cybersecurity solutions are readily available to eliminate these risks." Levinson later added, "Regardless of which provider you use, the best tactic to employ is a layered approach. That way, breaches can be contained, assets can be protected and exposure is minimized. When a business is breached, it's important to ensure that the whole company isn't incapacitated."

         Since 1993, Prime Managed Technology Solutions has been working with thousands businesses in the Chicago metropolitan area. Initially, working to assist small companies manage the complexity of telecommunications equipment and services, Prime has evolved into a resource for businesses to put together all of the pieces of the information technology puzzle. From hosted applications to hosted phone services, back up and database management, Prime is all about providing technology solutions for businesses.

For more information on Prime Managed Technology Solutions, call (847) 329-8600 or visit https://www.primemtsp.com.