The truth is that you’re going to pay for cybersecurity one way or another. So, it’s better to invest now while the cost is much lower and more predictable. As a business owner, you have lots of projects vying for your time and money, and let’s face it, anything that’s not a revenue driver is easy to push to the bottom of the list. Unfortunately, cybersecurity too often falls into this category. Companies may tell themselves, “We already have security in place. We have a firewall; we have antivirus software; our critical applications are password-protected.” The reality is that you’re probably well aware that cyberattacks have exploded in the past 18 months, both in terms of frequency and seriousness. This year, for example, the damage costs from cybercrime are expected to reach $6 trillion, up from $3 trillion in 2015. To put this number in perspective, if it were measured as a country, cybercrime would be the world’s third-largest economy after the U.S. and China. In the past, data breaches were about data loss and the potential harm to the victim’s reputation. Today, however, we see attacks that result in significant operational delays and setbacks.
Kevin Watkins is Presidio’s SVP, Practice Operations and responsible for Presidio’s US Professional Services business. He has extensive experience leading client-centric teams and helping organizations adopt technology to gain competitive advantage. Prior to joining Presidio in 2006, Kevin held leadership positions at several consulting and systems integration firms, with roles in sales engineering, business development, operational leadership, and financial management. He holds a bachelors of Business Administration degree in Computer Science and Finance from Temple University’s Fox School of Business