Introduction
Cybercrime keeps rising, yet fewer than half of Los Angeles small and mid‑sized businesses (SMBs) employ a single full‑time security professional. Meanwhile, 59 % of organizations worldwide were hit by ransomware in 2024. Sophos News As a result, the true expense for companies under 500 employees is not the ransom at all; it is the payroll that sits idle while systems stay offline.
Datto estimates that every ransomware outage costs U.S. firms about $126,000 in downtime alone Datto. For a 25‑person design studio, that sum erases six months of profit. Worse, attackers now leapfrog through small suppliers to reach enterprise customers. Verizon’s 2025 Data Breach Investigations Report found that 51 % of SMB breaches start in the supply chain.
Consequently, “too small to target” is no longer true—especially in Southern California’s dense partner ecosystem. Verizon
Why hackers love small and Mid-size companies
- Ransomware everywhere – 59 % of firms hit in 2024 (Sophos)
- Human factor – 68 % of breaches start with a user action (Verizon DBIR) Verizon
- Low cyber headcount – 43 % of West‑Coast SMBs have zero full‑time security staff
LA SMB Threat Snapshot 2024‑2025
Attack Vector | Relevance to SMBs | Fast Fact | Why It Matters |
---|---|---|---|
Ransomware | 15‑500 seat firms lack 24/7 monitoring | 59 % hit rate globally Sophos News | Even “small” payouts can sink cash‑flow |
Business email compromise | Still outscores malware for dollars lost | $2.7 Bn+ FBI IC3 2024 tally | Cloud inboxes rarely have admin oversight |
Supply‑chain piggy‑backing | Clients demand proof of controls | 51 % SMBs breached via third parties Verizon | You’re the path of least resistance to bigger fish |
When general‑purpose IT staff “own” security, three things typically happen:
Hidden Risk | Real‑World Result |
---|---|
Misconfigurations pile up as help‑desk tickets crowd the day | Open cloud buckets, stale admin accounts and default passwords give attackers silent back‑door access. |
Slow threat detection—IT checks alerts after lunch, once in a while, NOT minute‑by‑minute | A breach lives half a year before anyone notices, inflating recovery costs and legal exposure. |
Compliance gaps go unnoticed | Missed policy updates trigger fines, failed audits and lost deals with security‑conscious partners. |
Build‑vs‑Buy Cost Snapshot (based on a 50‑user firm)
Annual Line‑Item | Do‑It‑Yourself | Purple Shield “SMB Shield” | Savings |
---|---|---|---|
Security analyst (1 FTE) | US $132 k | – | — |
24/7 SOC coverage (outsourced) | US $160 k | – | — |
SIEM, log retention, alerting | US $28 k | included | US $28 k |
Cloud, endpoint & network sensors | US $5 k | included | US $5 k |
Awareness training & phishing tests | US $8 k | included | US $8 k |
Total Year 1 | ≈ US $333 k | ≈ US $36 k (US $3 k / mo) | ~ 90 % less |
The 13‑Point MSSP Checklist for SMB Decision‑Makers
- Flat per‑user or per‑device pricing—no “per alert” invoices.
- Sub‑30‑minute remote containment SLA and 4‑hour on‑site in LA County.
- Dedicated strategist (fractional CISO) for quarterly roadmap reviews.
- Compliance mapping (HIPAA, CPRA, PCI, HITRUST, SOC 2, CCPA) baked into reports.
- Cloud, endpoint, and perimeter telemetry in one unified dashboard.
- Threat‑hunting & anomaly detection—not just signature‑based alerts.
- Continuous vulnerability scanning plus patch‑orchestration service.
- Identity governance with least‑privilege enforcement.
- Privileged Access Management (PAM)
- Mobile device security
- Zero‑trust network segmentation for remote or hybrid staff.
- Disaster‑recovery runbooks and annual tabletop exercises.
- Cyber‑insurance evidence packs delivered automatically each year.