FINAL WORD
Five best practices for maximising security on a tight budget
We ’ ve never been more connected . We ’ ve also never been more under threat from malicious actors seeking to do us harm . If you ’ re looking to enhance your protection from cyberattacks in today ’ s interconnected world , but you ’ re concerned about whether you can budget for the investment required , Thomas Cartlidge , Head of Threat Intelligence at Six Degrees , can offer five best practices for maximising security on a tight budget .
It ’ s a dangerous cyber world out there . According to IBM , the average cost of a data breach in 2021 was US $ 4.21 million globally . In addition to the financial implications , organisations also risk regulatory fines , reduced consumer trust and potential legal ramifications in the event of a data breach resulting from a successful cyberattack . Fortunately , these risks can be mitigated with effective cybersecurity measures .
Here , we take a look at five best practices organisations can deploy in order to maximise security on a tight budget .
Spend doesn ’ t always equal success
One crucial factor in ensuring strong cybersecurity is budgeting . This can be challenging , particularly if you don ’ t understand the threat landscape and your organisation ’ s vulnerabilities .
Bear in mind that more investment doesn ’ t necessarily amount to better cybersecurity – in fact , only 36 % of UK companies are confident that they ’ re getting the best value from their investment .
Mapping your cybersecurity strategy against potential threats is critical ; here are some of the best practices you should consider adopting .
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