Small Changes Now Pay Big Dividends Later
A down economy is forcing many companies to make spending cuts. But when you’re going through your budget looking at things that you can pare down or put off, don’t add cybersecurity to that list. Instead, look at the ways that your security solutions can be maximized to ensure that you’re getting the real value out of them that you’re already paying for – you’re almost certainly going to find a few unexpected features.
For example, if you’re already using Dark Web ID for dark web monitoring, you’re making a strong move to protect your business from credential compromise danger, even if that risk comes from your employees reusing their work passwords elsewhere (which 65% of people do). But are you monitoring your executives’ private email accounts too? You don’t need to buy anything extra to do it – you can do that with Dark Web ID, an often overlooked bonus!
Password protection isn’t really protection anymore. That’s why multifactor authentication (MFA) is a modern essential that authorities like Microsoft recommend to stop 99% of password-based cybercrime. But experts also recommend single sign-on, and secure password vaults. Instead of buying multiple solutions to accomplish those goals, you can find one solution that does everything, like Passly, making your IT budget stretch even farther. Plus, Passly also provides automated password resets, a huge time (and money) saver.
While it may be tempting to slash your security budget and put off making security adjustments, it’s a dangerous proposition. Overall cybercrime increased approximately 85% in 2020 and things aren’t slowing down. Make the smart decision to play the long game and still profit in the short term by making careful investments in cybersecurity upgrades – and avoid having your business get knocked for a loop in the wake of today’s cyber crimewave.