For small and medium-sized businesses (SMBs) operating on tight cybersecurity budgets, prioritizing security spending is crucial. It is essential to establish a robust cybersecurity framework with a strong threat detection strategy. One effective approach is to combat AI threats with AI technology.
Utilizing AI for Enhanced Cybersecurity
When SMBs face budget constraints in cybersecurity, it is vital to prioritize security spending and resources. SMBs should start by ensuring they have a robust cybersecurity framework with a strong threat detection strategy. One efficient way to address AI threats is by leveraging AI technology.
According to Mushegian, utilizing an AI assistant to determine priorities and incorporating AI-embedded tools and services can enhance cybersecurity measures. Additionally, partnering with third-party providers offering Extended Detection and Response (XDR) or Managed Detection and Response (MDR) support can help augment the existing staff’s capabilities.
Establishing governance models to regulate the usage of AI applications within the company’s environment is crucial. Clear guidelines on the consequences of using unsanctioned AI applications should be communicated to employees to mitigate risks associated with unauthorized data access.
Regularly reviewing the AI tools utilized by staff and staying compliant with regulatory requirements should be integral to an SMB’s security practices. Awareness and governance play a significant role in managing the expanded digital footprint and complexities introduced by AI technology.
READ MORE: Explore the top five cybersecurity risks faced by small businesses.
Enhancing Cyber Defenses through Strategic Partnerships
Operating a security operations center (SOC) enables businesses to monitor daily incidents in their IT environments effectively. Building an internal SOC requires specialized staff and intensive configuration of security tools, making it challenging for small businesses with limited resources.
Collaborating with trusted third-party vendors offering SOC services can help SMBs strengthen their cybersecurity posture without the need for an internal SOC. By leveraging a mosaic of portfolio services from third-party providers, businesses can focus on critical tasks while enhancing their security capabilities.
