Scott McCrady: How Can Entrepreneurs Safeguard Their Future?

Scott McCrady is a seasoned cybersecurity expert and Chief Executive Officer at SolCyber Managed Security Services with decades of experience shaping security strategies for businesses of all sizes. We spoke about the evolving challenges in cybersecurity, why small and medium businesses (SMBs) are now prime targets for cyberattacks, and how to proactively embed security into your organization's DNA.

Scott shared his journey from introverted network engineer to cybersecurity leader, emphasizing how "stacking your skills," including public speaking, can open unexpected doors. He recounted, “The old joke back there was the engineer who would stop looking at his own shoes and would look at the shoes of the customer was more outgoing.” His early interactions with customers shaped his perspective on leadership and communication in the tech world.

Here’s what we explored:

• Why SMBs Are Vulnerable: Scott debunked the myth that smaller companies aren’t at risk, explaining, “The capability is so robust and so simple for the attackers… they’re not really specifically attacking you anymore.”
• AI's Double-Edged Sword: While AI offers unparalleled advancements, it also equips bad actors with tools to launch widespread and sophisticated attacks.
• The Cost of Complacency: With 75% of SMBs going out of business after a breach, cybersecurity is no longer optional. “You’ve got a one in three chance every year of being breached,” Scott warned.

Takeaways for entrepreneurs:

1. Integrate Security Early: Retrofitting security is expensive and inefficient. Build it into your foundation.
2. Consider Outsourcing: Managed security services provide world-class protection tailored for SMBs at a reasonable cost.
3. Leverage Cyber Insurance: Companies like SolCyber work with insurers to offer significant discounts for businesses prioritizing cybersecurity.

Scott’s advice is clear: security isn’t just a box to check—it’s an investment in your company’s future. As he put it, “Think of this big huge elephant… push that thing and say okay, big huge check box, and you’re on your way to having an amazing secure organization.”