The small and medium businesses have been growing at a fast pace in recent times. Their eco-system has become more competitive. Each one is struggling to keep their expenses minimalistic and at the same time derive maximum out of their workforce. This has led to various working models and policies for employees which include off-location working and bring your own device policy amongst others. While these methods provide the ease of operation for employees and also lets organizations make most of their people, they come with challenges of their own. To let people, access their systems from outside their network and also to keep costs low, most organizations move the cloud way. However, with this, the security challenges follow.
The mistakes that SMBs make
The first and foremost mistake that SMBs make is choosing a SaaS solution simply because they want to reduce cost. Many organizations do not fully evaluate their need for a SaaS solution and jump to it keeping only cost factor in mind. Many a times they miss analyzing if their customers would be ready to accept the cloud solution and whether their own internal systems or workforce is capable of handling this model.
Further, under the pressure of reducing costs, they opt only for the embedded security of the SaaS solution and bring down their expense of routine IT security solutions. This exposes them to a host of threats from cyber criminals.
The security provided by SaaS solutions has multiple risks like poor identity management, over secrecy about data centers maintained by cloud vendors and weak audit standards. If organizations also bring down their defense within their premises and on their networks and systems, they increase their vulnerability towards cyber-crime. In case of an attack, the impact could be damaging not only to the operations but to the business as a whole. It is a potential risk to the very survival of business.
Easing the difficulty
As a starter, never compromise on the security of your IT systems and network even if it means paying a bit extra. Most successful organizations, actually increase their spend on security solutions once they adopt cloud services.
It is important for enterprises who opt for SaaS solutions to have stringent policies to control connectivity and extensively use network monitoring and web-filtering technologies. It is equally important to educate the employees about correct usage of services and prevention against potential threats.
Organizations need to invest in superior quality security solutions that update themselves to take care of latest cyber threats. Maintaining regular backups and having a good recovery plan are still the most important considerations for organizational security.
With an ever-evolving cyber threat landscape, companies should never make the mistake of reducing their spend on IT security. In fact it is all the more important to have robust security systems in place as the number of endpoints drastically increase and your data and systems is far more exposed.