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7 Business Growth Benefits of Cyber Security You Should Know

3 min read

All organisations understand that cyber security is now an essential expense, helping companies cut the costs and occurrence of cyber-attacks. But most organisations are still in the dark about all of the benefits of cyber security in business. All businesses should know that cyber security is also partly responsible for progressing business growth, whether by removing obstacles or creating opportunities for rapid expansion.

Here are seven business growth benefits of cyber security that any organisation can tap into by investing in support, solutions and insurance, instead of waiting for unnecessary attacks to happen.

 

  1. Putting a Stop to Slow Remediation and Recovery
  2. Protection Against Reputation Damage
  3. Ruling Out Lengthy Legal Battles
  4. Driving Forward Digital Transformation
  5. Ticking Remote Work Off the Wishlist
  6. Encouraging Increased Productivity
  7. Creating Improved Customer Confidence

 

1. Putting a Stop to Slow Remediation and Recovery

The most obvious benefit of cyber security — protecting your digital environment and its data — also has a business growth advantage. With faster remediation and recovery (and hopefully less need to recover at that), businesses can continue with fewer interruptions in their operations and head steadily towards their growth goals.

 

2. Protection Against Reputational Damage

Nothing stunts business growth like company devaluation and a dwindling customer base. Investing in cyber security ensures customers aren’t let down by data breaches and makes room for stretch goals to be met without any unnecessary obstacles.

 

3. Ruling Out Lengthy Legal Battles

We all know what poor information security leads to. In worst-case scenarios, compromised data can lead to lengthy and costly legal battles that take the attention away from ambitious objectives — not to mention a good chunk of their budget. Accountability is usually difficult to establish due to the extreme measures attackers take to maintain anonymity.

With cyber security, you can be proactive about protecting your data and prevent any need to be the target of legal action and establish accountability for an offence from an anonymous source.

 

4. Driving Forward Digital Transformation

Cyber security supports business growth goals in ensuring bad things don’t happen. But cyber security has a more direct impact on business growth in that it helps companies gear up towards digital transformation.

Cloud providers also include cyber security in their offerings, automating the cyber security strategy and allowing an organisation to focus more on automation of processes and less on funding operations to protect against the risk of digitalisation. 

With smart cloud protection, companies can become more agile and support distanced projects, leading with digital-first and leaving old fashioned ways of working behind.

 

5. Ticking Remote Work Off the Wishlist

As a crucial part of digital transformation, remote working can suddenly become safe and viable thanks to cyber security. Creating a secure cloud network and monitoring it means you don’t need to reside inside the imagined walls of your on-site server but instead can empower your employees to work from anywhere.

With greater staff retention and an endless talent pool on the horizon, companies can look forward to growing with the best skills in the business.

 

6. Encouraging Increased Productivity

Whether it’s the perk of working from home or the peace of mind that cyber security brings, organisations can benefit from increased productivity, finding efficiencies in areas they didn’t think possible.

Cyber security supports business growth in this way by setting aside more time to work on long-term projects. Productivity means employees can get through their usual workload and then some, starting to dive into tasks that have been put to the wayside for too long.

 

7. Creating Improved Customer Confidence

While cyber security certainly stops customers from negatively viewing a brand, it can also increase affinity. Knowing a company is taking the appropriate steps to address cyber threats, customers can become even more confident in an organisation and everything it stands for. 

Want customers to get behind a new and exciting venture? Start showing that security is a priority and watch them become much more open about supporting the start of something new. Angled in the right way, cyber security can even become the focus of your next marketing campaign. 

Clearly, cyber security has much more to offer than its promise to prevent cyber-attacks. It can also aid business growth by both removing risks and presenting new progression opportunities. 

But how can you communicate this to all the right people?

 

Build a Business Case for Cyber Security That Encompasses All Benefits, Including Business Growth

Learn how to calculate the ROI of cyber security and create a business case with all its security and business growth benefits by reading The Information Security Investment Guide. Comprehensive but concise, this quick read has everything you need to know about cyber security. 

Download your copy now.

Information Security Investment

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