Posted: March 26th, 2022

The Importance of an Enterprise Security Plan

The Importance of an Enterprise Security Plan
Companies of all sizes face serious cybersecurity threats daily. Such threats originate from bugs, viruses, malicious hackers, malware, and threat actors. Investing in enterprise security is thus essential to keep these kinds of threats at bay. Enterprise security is important as it serves to protect a company’s data, which is likely the most valuable asset in the business (Chang et al., 2017). That may encompass the customers’ lists, marketing materials, sales, accounting software and financial data among others. Making sure that data is appropriately safeguarded with things such as complex password policies, backups, etc. is vital to ensure that the company’s network is safe (Chang et al., 2017). As a consequence, a company is able to avoid financial losses associated with cyber attacks.
Enterprise Security also ensures that the data of the client is protected. Clients’ data can include personal identification data, credit card numbers, social security numbers, medical history, business transactions, etc. Safeguarding this data from exfiltration is a company’s responsibility, including properly backing up the data in case of failure (Shin, 2017). It can be distinctively challenging, and at times, impossible for clients to go on engaging in business with an organization that did not take steps to protect their confidential information. Therefore, investing in enterprise security goes a long way in preventing financial losses and improving customer relations, which is key to business success. Last but not least, enterprise security increases the performance of a company’s network (Shin, 2017). A network that is protected tends to be high performance. This way, a company is able to be productive due to minimal or no network interferences. This is good for the company’s bottom line as the efficiency of company generally improves, which in turn, translates to more revenues and profits.

References
Chang, V., Ramachandran, M., Walters, R. J., & Wills, G. (2017). Enterprise security: Second international workshop, ES 2015, Vancouver, BC, Canada, November 30 – December 3, 2015, revised selected papers. Springer.
Shin, B. (2017). A practical introduction to enterprise network and security management. CRC Press.

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