Entry 7

What are the costs and benefits of developing cybersecurity programs in business?

Every business nowadays needs to worry about developing a proper cybersecurity system for themselves. They need to properly asset their data and see what they feel is important to them to protect. But businesses need to be aware of the cost of making this security system. Butt also all the benefits of this system, and see if it’s worth it. So, what every business should do is make a proper budget of how much they want to spend on a cybersecurity system. This will make sure that they overspend on a system. An article from Capterra tells us that the price for some low-end systems is around 50 dollars while high-end ones can range from 6000 dollars to 24,000 dollars.  It tells us that lower-end systems typically only provide VPNs and email security, mostly small-scale size attacks. While the higher-end systems can do a lot more. They can deal with larger attacks and see login detection. So, this all depends on what your budget is for your business and also what you need to be protected. Some businesses just need the minimum but others need the full package. So, now that we know the general cost of the cybersecurity system is gonna cost a business, we need to know the benefits. The benefit of having a cybersecurity system is that it gives businesses some protection from online attackers and protects their information. Some examples would spyware, malware, and viruses. These things give attackers easy access to all the information that businesses have. The security system will help protect vulnerabilities. It will also scan items to make sure there are not any hidden viruses. But, the system is the only thing they need to worry about. They need to make sure that their employees are well informed about the system and also all the possible threats while being on their network.

  • “The Benefits Of IT Cyber Security – Nouveau Solutions.” Nouveau Solutions | Nouveau Solutions, 6 Jan. 2021, www.nouveau.co.uk/content-hub/benefits-of-cyber-security/#:~:text=%20WHAT%20ARE%20THE%20BENEFITS%20OF%20CYBER%20SECURITY,can%20prove%20that%20your%20business%20is…%20More%20. 
  • “How Much Does Network Security Software Cost?” Software Buying Tips and Advice for Businesses, 2018, blog.capterra.com/how-much-does-network-security-software-cost/.