Businesses are constantly seeking for methods to maximize efficiency while providing customers with more value, and this year is no different. Industry shutdowns, remote employment, and digital transformation are just a few of the issues that enterprises are facing today. It’s a good notion to evaluate existing operational triumphs and chances to boost efficiency and effectiveness as you design the budget for the next year. Here are some useful suggestions to improve cybersecurity efficiency and assist you in making the most of limited resources like time and money.

1. Make your tech stack simpler
Point products that can increase complexity and cost are proliferating as a result of recent security breaches and ransomware attacks. The average organization has 75 security products, and this “tool bloat” necessitates hiring, educating, and using additional professionals. Cyber sprawl can be reduced to improve security and operational effectiveness. Security system complexity ranked first among 25 factors that raised the cost of a data breach, according to the Ponemon Institute’s “Cost of a Data Breach 2020” report.

2. Recruit More Employees Using SOC-as-a-Service
A cybersecurity staffing crisis has been brought on by the lack of approximately 3 million security specialists worldwide. Nearly 60% of businesses claim that a staffing shortfall affects their risk profile. If you were able to attract a cybersecurity professional, keeping them on board becomes an even bigger struggle as bigger companies entice them away. With SOC-as-a-Service, you can rapidly scale up and down while improving the technical and human resources you already have on staff.

3. Hardware-Free Cloud-Deployed Security Controls
Platforms for managed threat protection may offer SaaS-based cloud deployment options. Cloud-based security controls provide a pay-as-you-grow business model that lowers total cost of ownership (TCO) because there is no hardware to buy or maintain. The platform is frequently combined with a managed service to accelerate onboarding and time to value. It has already been implemented, provisioned, tested, and implemented. SaaS solutions’ anytime, everywhere access makes Work-from-Home (WFH) simple. A unified cloud console also frees you up to concentrate on your business rather than managing hardware. Additionally, log storage in the cloud scales with your clients to make it easier to comply with regulations. It is essential to protect sensitive data with thorough visibility across endpoints, mobile devices, and the cloud to deter today’s financially motivated threat actors.

To guide you with these unique ways of having your cybersecurity dollar stretched throughout the needs of your company, CYB3R-X will be the best partner!