The average data breach costs businesses approximately $4.5 million per incident. There’s no shortage of cybersecurity threats that can lead to scenarios like these. Even a single occurrence can be impossible to recover from.
This is why it’s so important to leverage the right vulnerability management tools to protect your business data. Not everyone knows how to get started, though. Let’s explore the key information you should keep in mind so you can make a decision that’s best for your needs.
Better Security
As time passes, hackers aim to procure sensitive information from their victims. This is one of the many reasons the cybercrime industry will cost the world over $10 trillion annually by 2025.
Cybercriminals are constantly looking for different vulnerabilities they can leverage to slip past defenses. Using the right tools will help you identify areas of concern and take action as soon as possible.
This could often dictate whether your company can continue thriving. For instance, let’s assume you weren’t able to prevent a cyberattack due to security oversights you made.
Not only could your company experience extensive downtime, but your audience would be less likely to trust your business. It’s much easier to prevent scenarios like these than it is to recover from them.
Improved Workflow
By integrating these tools, you’ll improve your overall workflow. Preventing would-be threats allows you to keep your performance on track.
It also helps you minimize the amount of manual security work you complete. Automated tools can detect and alert you of threats, preventing the need to check for them yourself.
There’s something to be said about how effective this is at keeping your teams focused on your organization. The better you maintain alignment at your company, the fewer bottlenecks you’ll encounter.
Streamlined workflows will keep your workers content, improving their morale. This leads to better performance and makes them less likely to look for opportunities elsewhere.
Maintain Compliance
By integrating vulnerability management tools, you’ll have no trouble remaining compliant with your industry’s regulations. This is especially true when using tools for penetration testing and vulnerability scanning.
Some industries have more stringent requirements than others. The finance, healthcare, and tech spaces are the most notable examples. Hackers often target these due to the highly valuable data they work with.
Breaching compliance standards has many consequences, such as dealing with expensive fines and fees. This can lead to numerous setbacks, and it can also severely damage your company’s reputation.
To clarify, imagine you need to choose between two financial institutions. One of them fell short of regulatory requirements and experienced a data breach.
This incident provided hackers with access to client info like social security numbers, full names, and dates of birth. There’d be no reason to choose this company over the alternative.
Increased Visibility
It becomes far easier to keep your data safe when you have visibility into your IT performance. Vulnerability management tools excel at this obligation, providing a detailed look into key metrics.
You can also access this data from a centralized location. By working with this info, you can emphasize strategies that work and reconfigure those that don’t. Senior management will have an easier time making key decisions, as well.
Security Program Maturity
All types of growth are important for businesses, but this is especially true regarding your company’s security program. Using vulnerability management tools helps you enhance your organization’s security posture.
It does so by identifying key assets and illuminating where you should prioritize further efforts. When integrated correctly, these tools can help you create a robust security framework.
Handle Contingencies Quickly
Taking longer than necessary to handle issues comes with major risks. Hackers are often proficient at exfiltrating large amounts of data in short periods. The ability to take quick action can stop a minor issue from evolving into a greater threat.
You can also take preventive measures once you learn about new attacks. A common scenario is when a business finds out hackers have been targeting companies like theirs with specific attacks. You can then establish the necessary safeguards to prevent this issue from arising.
Vulnerability management tools use patch management to facilitate immediate identification. They then remediate the vulnerabilities in question.
Getting Started
The best way to get started is by working with a professional. They have the tools and resources to ensure you avoid obstacles you may have otherwise encountered. When looking for someone to hire, consider their past reputation.
This will provide valuable insight into what you can expect from working with them. See what other people have to say about their professionalism, diligence, and timeliness.
It’s also important to assess their pricing structure. Don’t work with the cheapest companies you encounter. These likely won’t meet your goals.
However, this doesn’t mean you need to spend as much money as possible. There’s a point of diminishing returns regarding what you budget for.
Instead, look for a business in the middle of the industry’s price range. This will help you meet your needs without overspending.
How do they bill their clients? Many providers offer different tiers of service. The last thing you want is to encounter financial surprises.
Assess their enthusiasm, as well. You can’t expect to get the results you need if they aren’t passionate about working with you.
Pay close attention to how many questions they ask about your project, as this will indicate how enthusiastic they are. With enough due diligence, you shouldn’t have a problem finding the best results for your situation.
Leverage the Right Vulnerability Management Tools
The information in this guide will help ensure you utilize vulnerability management tools to protect your company’s data. From here, you should have no issue preventing threats you may have otherwise encountered. Just be sure to work with the right professional.
Cybriant prides itself on offering premier managed security services. We strive to exceed all client expectations and help you keep your data as safe as possible. You’ll learn more about the many benefits we can provide when you get in touch with us today.
