With rising cybersecurity concerns across various industries, over 90% of organizations have increased their IT security budgets. The complex and constantly evolving nature of cyberthreats calls for robust security infrastructure. However, many organizations lack the internal tools, technology, or skill sets to achieve optimal cybersecurity, thus need to rely on outsourced help.
Companies looking to augment their information technology (IT) and cybersecurity architecture can often optimize their security ROI by outsourcing advisory, implementation, execution, or other elements.
The idea of outsourcing critical responsibilities that determine your stakeholders’ safety and security may seem stressful at first. After all, cybersecurity was traditionally handled by internal team members who are incentivized to keep the company safe.
When it comes to cybersecurity, there are few things more essential than flexibility. Companies must adapt to the growing threats of cybercrime with increasingly complex safeguards. In some cases, those best equipped for the job are those that supply protections from outside.
Over the years companies have slowly complemented their traditional ways of doing business by embracing the all-important shift to digitalization. Unlike in the late 90s to the early 2000s, when owning a branded domain name would cost you as much as $7.5 million at the minimum, businesses now have a plethora of options of how to bring their products and services online, thanks to various social media and e-commerce platforms like Facebook, Instagram, Amazon, and eBay, among many others.