21 Apr Don’t Sweat the Budget – Ways to Save on Cybersecurity

Budgetary concerns don’t have to be a problem, here are some tips to help

You’ve heard it all before: cybersecurity is important for the longevity and safety of your enterprise. Without comprehensive architecture, you leave yourself exposed to various threats and risk data loss. The solution, of course, is to incorporate comprehensive cybersecurity infrastructure into your business model.

However, one obstacle appears, a common problem for organizations everywhere: cost. Cost covers a wide range of concerns, from the damages caused by breach events to the expenses invested training staff. Maintaining infrastructure, using vendor services, and relying on security suites are just a handful of figures to juggle. So much that smaller organizations can’t afford to utilize these cybersecurity necessities, leaving them in a dangerous predicament.

Thankfully, an enterprise can save on costs by carefully investing in the right tools and methods. While you should still expect to invest capital, by prioritizing needs over fluff, you’ll cut down on expenditures and create a safer network environment.

We’ve included a handy list of tips to help get you started.

Tip 1: Negotiate with your vendors

Do you rely on third-party services for your IT? Whether in part or full, it’s time to take a look at your current contract and navigate a better cost structure. What costs increased? What services do you still need? Vendors are eager to keep their business, so if you can find ways to lower what you spend, it’s recommended to do so.

Tip 2: Continue training on all levels of cybersecurity

What’s better than properly handling a breach event? Stopping it entirely. You can do this by consistently training staff on all levels, especially when it comes to identifying phishing emails and social engineering scams. Phishing is still one of the primary causes of complex attacks, so it benefits you to train current staff on awareness. The best part is it’s a low-cost investment with no extra resources needed.

Tip 3: Have multiple response plans and strategies

BDR and planning are big parts of healthy cybersecurity. You need more than just one, because if plan A doesn’t work out, what about plan B? It’s also important to test these strategies through penetrating testing and analyzing what works best. These proactive measures can turn a catastrophe into a footnote, so it’s critical to prioritize them.

Tip 4: Automate where possible

The demands for security are growing every day, and pushing your cybersecurity teams to handle every troubleshooting event is taxing, time consuming, and costly. Furthermore, simple security checks that can be automated should, as it removes redundant labor and frees up staff to focus on essential workplace tasks.

What and how you choose to automate depends largely on budget, but even setting simple tasks to automation can reduce the workload on your business.

Tip 5: Consolidate and cut where possible

Fluff and needles resources are an obvious drain on capital. While it’s tempting to incorporate every software solution or app into your production, doing so can quickly overload your bottom line with costs. Plus, it adds to efficiency problems, since each variable its own node that must be maintained and trained on.

Conclusion

These five tips can help you consolidate costs when it comes to cybersecurity. While understanding your budget and needs requires a comprehensive inspection of all your assets, there are simple, effective steps you can take to scrape off needless financial waste.

You can also rely on third party help to shore up cybersecurity weakspots without compromising your budget. To learn more, contact Bytagig for additional information.