Cyber-attacks are no longer a question of “if” but “when.” The more success your site achieves, the more you become a target for hackers looking to exploit your success.
That’s why you need security services for your site to be one of your highest priorities.
The problem with that is most businesses just don’t have it in the budget to hire a trained in-house security team. If you’re waiting until you DO have the money in your budget, you’ve likely already been the target of several cyber-attacks with or without your knowledge.
That’s why some companies are choosing to outsource their security services to professional third-party security teams. But is that solution right for you?
Today, we’ll be looking at the benefits of outsourcing security services and some things to consider to find out if it’s the right choice for your website.
Read on to find out more!
The Benefits of Outsourcing Security Services
Aside from the cost of keeping an in-house security team on staff, another issue is training. You might pay for them to be trained before joining your staff or you might try to hire a team of knowledgeable security experts, but cyber-security threats are evolving faster than ever before.
By the time your team finishes training and starts on the job, a good portion of their knowledge could be obsolete.
Outside security professionals live and breathe cyber-security. They stay up-to-date on the latest trends, innovations, and technologies, so they understand emerging threats to security before they reach your company, not after.
Fast Response Time
Many threats to site security happen right under your nose, and might not be discovered until someone notices a shift in the behavior of your site.
An in-house team has a limited number of people overseeing a large number of jobs and potential security threats, so they may not see the issue until hours or even days later. And where data breaches are concerned, every minute counts.
A third-party security team will have the resources of their entire company to work with, and will usually keep a watchful eye monitoring your website performance at all times so they can detect a threat quickly and respond so that damage is minimal.
The Weight is Off Your Shoulders
With an outsourced security team on your side, you don’t have to worry about where to put the focus on your team, and who should be responsible for which jobs.
Because security is the entirety of their focus, your team will know exactly how to efficiently handle their resources to keep your company safe at all times.
Since you know the security of your company is in safe hands, you can put your focus on maintaining the business and keeping the company profitable.
What Are the Risks?
Putting a third-party company in charge of your most important information and resources comes with a certain degree of risk. There’s no getting around it.
So when you’re searching for a safe and reliable provider, you can’t just close your eyes and throw a dart at the phone book. (For one thing, where are you going to find a phone book?)
Developing a Rapport
Even though they’re an outside company, you should still think of them as part of your team, which means developing a relationship and working closely with them.
It’s never a good idea to be switching out security teams left and right, as that will mean that they’re less familiar with your business, and it puts your security at higher risk. Whatever company you decide to go with, you want them to be around for the long haul.
It’s in your best interests to make sure they know your employees and who to contact in case they have an issue with something. And you should personally know at least a few of the people handling your security, so you can have a good idea of how things are running.
Working Together to Develop a Strategy
Another reason to develop a relationship with your security team is that no two businesses are exactly alike, so there’s no one-size-fits-all security solution.
When you’re looking for an outside security firm, part of the process will be discussing the high-risk aspects of your company and how to best strategize to keep your information and resources safe.
How to Get the Most Out of Your Security
What’s the Vendor’s Reputation Like?
You won’t be the only business that a third-party security provider will be working with, so it’s important to get a feel for how they’ve performed in the past and what their current clients think of them.
It’s a good idea to find a security firm working with businesses similar to yours, and even contacting those companies directly to ask about their experiences with the vendor.
Get a feel for how they handle their smaller clients as well as bigger clients, so you’ll know where your business is going to fall in terms of their priorities, and what kind of risks or benefits that will mean for you in the long-term.
What Are Their Areas of Expertise?
The landscape of cyber-threats is vast and ever-changing. Typically, a cyber-security firm will advertise complete and total security, but that’s sadly impossible.
Another thing to determine when you’re vetting multiple outside security services is which areas their services shine, and on which aspects they’re more relaxed.
You might end up finding out that your company is in need of specific security measures that are more a secondary focus of the security company you’re looking into.
That’s why you should always consider at least a handful of different security firms so that you can be confident that you’re hiring the best possible fit for your business.
Peace of Mind
Cyber-attacks are more common and powerful than ever before.
Juniper Research estimates that the cost of data breaches will reach $2.1 trillion globally by 2019, almost four times as high as the estimated cost of breaches in 2015.
Considering the risk of losing customers, higher acquisition costs, and a damaged reputation having the right security services team on your side could be a life-or-death decision for your company.
When your company (and livelihood) is on the line, what price can you put on peace of mind?