Cyber hackers only target big corporations.

True or false?

Well, 43 percent of cyberattacks now target small businesses.

If you’re a small business who’s been thinking hackers having nothing against small companies, you’re living in a bubble that’ll burst sooner than later. Every small business that has digital operations must take cybersecurity seriously.

The only way to do this is to bring in a professional and task them with keeping the bad guys out. This could mean hiring in-house or outsourcing.

In this article, we focus on cybersecurity outsourcing.

Continue reading to learn how you’ll benefit from outsourcing this critical function.

1. Outsourcing Is Cheaper Than Hiring an Employee

As a small business, one of your primary goals is to keep costs as low as possible. Often, this means hiring full-time employees only when necessary.

Is cybersecurity necessary? If you’re anything like most small businesses that haven’t been attacked, you certainly don’t see the need to hire an in-house IT security professional.

In truth, though, cybersecurity is a crucial function. If you neglect it, you’re putting your business at risk of a great loss.

You don’t have to hire an in-house employee and increase your expenses. Outsourcing is a cheaper option when you’re on a tight budget.

When you outsource, you only pay for the service, the cost of which will be cheaper than the average salary of a cybersecurity employee. Plus, you won’t worry about things like investing in a workstation, withholding taxes, and whatnot.

2. Outsourcing Opens Up Your Business to an Entire Team

When you hire an in-house cybersecurity professional, you’re only getting one person. Yes, it’s possible to build an in-house team, but that’ll take time and can be super costly.

At a cost that’s lower than hiring an in-house person, outsourcing opens up your business to a big cybersecurity team. Most cybersecurity firms have teams of employees consisting of professionals with different security specializations.

As such, your small business is in better hands when you outsource. Should it come under a massive attack that needs several hands, you can count on the firm to do the job right.

3. Better Threat Detection and Neutralization

Cybersecurity firms spend their time analyzing emerging threats and devising ways to neutralize them. If you outsource, you can rest assured that your business is protected from threats that would have otherwise gone undetected had you been handling cybersecurity in-house.

When you outsource to a competent cybersecurity firm like, you’re far more likely to get more than what you pay for.

These firms typically offer more than cybersecurity protection. They also offer consulting services, which means they can advise you on things like upgrading your IT infrastructure – at no extra cost to you.

Cybersecurity Outsourcing Offers Several Incredible Benefits

What’s holding you back from embracing cybersecurity outsourcing? Perhaps you believe that your business isn’t a target or you think your business isn’t digital enough. Regardless of your reason, you’re wrong.

As this article demonstrates, outsourcing cybersecurity offers several benefits. Don’t miss out!

Keep reading our blog for more tips and insights on business technology.

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How NEOFECT Created a Smart Glove (Robotic Arm) That Uses Online Gaming for Rehabilitation

Wearable technology keeps evolving. And it is transforming the way we experience the world. Watches, eyeglasses, rings, bracelets and even smart home devices like the thermostat are changing how we consumer information, monitor our health and use home products. Smart technology has a significant role to play in how people will live in the future.

NEOFECT wants to change how to aid rehabilitation and the provision of clinicial real-time patient data. In an interview with  Scott Kim, Neofect’s co-founder and CEO of the US office, he spoke to us about how he started NEOFECT, the company’s success factors and challenges they have faced in their bid to change physical therapy using online gaming.

Brief summary about your startup

Established in 2010, NEOFECT is a mobile health startup with a vision to deliver an affordable and effective at-home system to aid neuro patients with central nervous system disorders such as a stroke.

Its first product, RAPAEL Smart Glove, combines a wearable device, virtual reality and gamification for rehab exercise, while its software analyzes the data from built-in sensors and provides training tasks based on the patient’s activity level.

The device has been successfully employed by a number of major hospitals in South Korea since December of 2014, and approved for use in the US and Europe. NEOFECT has offices in S. Korea, San Francisco, and Poland.

Why and how it was started

The President of NEOFECT, Ho-Young Ban, experienced first-hand the difficulties faced by stroke patients and their families when his father and two uncles fell victims of stroke.

Although his uncles were fortunate to survive, they had to turn down the rehab therapy because of the costs involved. So, when his friend Young Choi came up with an idea of Rapael, Ban could not resist.

Soon after, their classmate from the University of Virginia’s Darden MBA program Scott Kim joined the team to launch the US operations.

Kim was born with spinal bifida and went through a surgery and a long rehabilitation process, so he immediately recognized the opportunity and became a co-founder and the CEO of the Neofect’s US office.

What has been the biggest success factors

Personal motivation of the founders combined with the latest, most advanced smart technologies have become the major engines behind the company’s success.

– Gamification, which motivates a patient throughout the rehab process. It helps to induce neuroplasticity for hand function of a patient with a brain damage.

Various rehab games are updated monthly and each game targets specific movements such as squeezing the orange for finger flexion/extension and pouring wine for forearm pronation/supination, for example.

– Artificial Intelligence: the software analyzes data from the glove’s sensors and provides training tasks based on the patient’s activity level. The algorithm is designed to enhance learning multiple functions by offering an optimal task at a proper level of difficulty.

– Wearable Device: RAPAEL Smart Glove is a wearable bio-feedback training gadget. Lightweight and designed to fit different hand sizes, it uses the Bluetooth technology to collect the patient’s data.

What are the biggest challenges you have faced launching and running the company?

The biggest challenge was the product’s concept itself. Many people believed that Rapael could be a threat to the therapists. Fortunately, after we launched the program in several hospitals, we’ve been able to prove that our device is designed with the doctors’ and patient’s needs in mind and helps them make the rehabilitation process more efficient.

Which do you think is most important: the right market, the right product, or the right team?

This sounds like a cliché, but the right team is easily the answer to me. With the right people, you can make necessary adjustments based on new information to make sure there is a product-market fit.

My previous job was to lead a team to make mobile apps – without any exception, all great apps loved by users were made by great teams.

Final words for those chasing the startup dream

Never underestimate the importance of execution. Many people waste their time just to validate what they think or others think, or even just to finish the conceptualization.

However, you should “fail fast” in order concentrate your efforts on building a product which has a market demand, and of course, to save time and money as well.

Plus, you should fail while you are small rather than big, if you’re meant to face it. The earlier you do the reality check, the faster you can reach your goal, although it might cost you a couple of failures at the beginning.

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