While browsing the internet as we do, we stumbled across a thread on Reddit. It was titled, “What motivates a company to invest in cybersecurity?” There were plenty of great responses on there, with some brutally honest ones.
Here’s our analysis of the 5 answers that caught our attention and how they reflect the real motivations behind why a company may want to invest in cybersecurity.
1. Preventing the Loss of Assets
User 1 wrote: “There are very real costs associated with breaches. Think intellectual property; these secret processes give you an edge in your business and are great targets. Customer info can also be stolen and used in fraud, which can hurt a company’s reputation and its stock price.”
Our Thoughts: This hit close to home for us. At Kirkham IronTech, we’ve seen firsthand how intellectual property theft can unravel years of innovation. Such as with the design plans for the F-35, which were believed to have been stolen by Chinese hackers.
Cybersecurity is needed to protect your competitive edge. The moment your intellectual property is compromised, your differentiators go out the window.
2. Regulation is Not Optional
User 2 wrote: “Legislation and regulation.”
Our Thoughts: We agree completely since compliance is a massive motivator. Especially in industries like finance, law, and healthcare, where it may be required. Some businesses may need cybersecurity to meet these regulatory mandates.
Ignoring that can cost businesses losses from fines and may impact their ability to do business. For us, being proactive about compliance means avoiding penalties and building trust.
Photo by Metomic
3. Insurance Premiums and Incident Fallout
User 3 wrote: “Regulatory/legal requirements, insurance costs, security incidents, and loss.”
Our Thoughts: Cyber insurance isn’t a get out of jail free card. Oftentimes, it comes with increasingly strict requirements, high premiums, and fine print that can leave businesses exposed.
That’s why we emphasize proactive protection. As a Managed Security Service Provider (MSSP), we help businesses actively prevent breaches before they happen, instead of dealing with the fallout later. Prevention is more affordable, more reliable, and better for your reputation than navigating legal red tape after a cyberattack.
4. It’s All About the Bottom Line
User 4 wrote: “Losing money.”
Our Thoughts: Short. Straight to the point. We like it. But yes, cyberattacks can cause downtime, data loss, lawsuits, and reputational damage. This can cost businesses millions in lost revenue.
At Kirkham IronTech, we know cybersecurity is an investment that saves money. If your system goes down for days, what’s that worth to your bottom line? For us, it’s not a risk we’re willing to take.
5. Small Businesses Are Prime Targets
User 5 wrote: “45% of all small and medium businesses are hit by an attack. Out of that 45%, 60% will be closed downin less than a year. Bad actors go for low-hanging fruit mostly.”
Our Thoughts: The statistics this user brought up were great and paint a clear picture. Hackers love easy targets, and small businesses often don’t think they’re worth attacking until it’s too late.
That’s why it’s important to educate and protect smaller organizations before they are affected. Because it’s not about if it’s going to happen, but when.
Photo by KnowBe4
Our Final Thoughts: Don’t Just Invest in Cybersecurity, Invest in a Partner
These replies show just some of the reasons businesses may want to invest in cybersecurity. Most of them come down to avoiding real-world damage like data loss, business closure, and loss of revenue.
That’s why at Kirkham IronTech we are proud to be a top 250 MSSP. Some of the services we offer include:
- 24/7 Threat Monitoring & Response
- Endpoint Detection & Response
- Employee Cybersecurity Training & Awareness
- Backup & Disaster Recovery
- Incident Response Services
- And More
With us, you’re not just getting tools, you’re gaining a dedicated team committed to protecting your business from today’s evolving threats.
Ready to Invest in a Cybersecurity Partner?
- Try our free IT Infrastructure and Risk Assessment – See what gaps you may have
- Call Us: (479) 434-1400 – Get in contact with our expert team.
- Visit Our Website: kirkhamirontech.com – Learn more about our offerings.
- Email Us: info@kirkhamirontech.com – Let us know how we can help your business
Tom Kirkham brings more than three decades of software design, network administration, and cybersecurity knowledge to organizations around the country. During his career, Tom has received multiple software design awards and founded other acclaimed technology businesses.
