Management consultant offers low-cost cybersecurity to small business

HOLLAND—Officials at the Radius Advisory Group LLC, a cybersecurity consulting firm, announced the launch of the Small Business Exchange, which it says is a practical and affordable way to start managing cyber risk for small and midsized businesses.

“Due to COVID-19, Michigan’s businesses are focusing their limited financial resources on basic operations and not necessarily on cyber risks, leaving them vulnerable to cyber-attacks,” said Betsy Freeman, CEO of the Radius Advisory Group and founder of the Small Business Exchange. “We encourage business owners to take steps to understand their current cyber posture, act quickly to close security gaps and protect themselves as they strengthen their security over time.”

The cost to participate in the program is an annual fee of $365, or $1 a day. For that fee, the Exchange provides access to a small, curated marketplace of select vendors. The vendors offer services including cyber assessments, prioritized roadmaps to close identified gaps, affordable security expertise as needed and basic cyber security insurance options. Additionally, the Exchange includes a best practices library and a “Threat of the Month Club column that provides a summarized, digestible focus on a single, high priority, present-day threat.

“The Small Business Exchange was built by small business for small business. Now, business owners can begin managing cyber security risks on their own terms,” Freeman said.

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