Balancing Budget & Tech: Affordable IT Solutions

Address the growing threat to data security by partnering with Sovran’s affordable IT support solutions.

Technology plays a crucial role in the success of all businesses and organizations. However, many small organizations struggle to allocate sufficient funds to invest in robust IT solutions due to budget constraints. Finding the right balance between financial limitations and technological requirements can be challenging.

Let’s explore affordable IT solutions and examine the potential costs associated with compromised data security versus the benefits of partnering with Sovran, an IT services firm.

To discuss options with our team, contact Sovran today at (651) 686-0515 or fill out our contact form.

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The True Cost of Data Breaches

Data breaches have become a significant concern for organizations of all sizes, including nonprofits. According to the Cost of a Data Breach Report 2020 by IBM Security and Ponemon Institute, the average cost of a data breach globally was $3.86 million. Also, the average time it took to identify and contain the breach after it occurred was 280 days. While these numbers can vary depending on the size and industry of the organization, the financial impact can be devastating for small organizations with limited resources.

Data breaches can lead to reputational damage, loss of donor trust, legal liabilities, and potential regulatory fines. The indirect costs associated with such breaches can be equally damaging, making it crucial to invest in robust security measures.

Benefits of IT Services

To address the growing threats to data security, smaller organizations can benefit from partnering with Sovran since we specialize in providing affordable IT support solutions. Let’s examine the key areas where IT services can help.

Security Awareness Training

Training on different security-related subjects is important to develop an understanding of cybersecurity threats. Topics such as password management, device security, and working remotely are all important to consider. Sovran delivers Security Awareness Training in a precise and fun method with quick 5-minute videos and a few quiz questions afterward.

Network Monitoring

Continuous monitoring of network activities helps detect any potential security threats in real time. Sovran employs advanced tools and technologies to monitor networks, identify vulnerabilities, and take proactive measures to prevent breaches.

Data Backup and Disaster Recovery

Data loss can occur due to hardware failures, natural disasters, or malicious activities. Sovran can set up regular data backup systems and disaster recovery plans to ensure quick restoration of data in case of an unforeseen event. This helps minimize downtime and ensures business continuity.

Server Management

Efficient server management is crucial for maintaining smooth operations and avoiding costly downtime. Sovran can handle server setup, configuration, maintenance, and upgrades, allowing organizations to focus on their core mission without worrying about technical intricacies.

Outlook Email via Microsoft 365

Email is an essential communication tool, and Microsoft 365 offers a secure and reliable email solution. Sovran can assist in setting up and managing Microsoft 365, ensuring that staff can communicate efficiently while minimizing the risk of email-related security breaches.

Cost Comparison

While investing in IT services may seem like an additional expense, it is essential to consider the potential costs of data breaches and the long-term benefits of robust IT infrastructure.

As mentioned earlier, the average cost of a data breach can be substantial, potentially reaching millions of dollars. The financial impact includes investigation costs, notification and credit monitoring services for affected individuals, legal expenses, and potential regulatory fines. Organizations may also experience the fallout of a damaged reputation.

The cost of partnering with Sovran will depend on various factors such as the scope of services required, the size of the organization, and the level of support needed. However, when considering the potential costs of data breaches, investing in IT services becomes a cost-effective approach. Sovran can offer tailored solutions ensuring that the organization receives essential services without breaking the bank.