Amidst global economic conditions reshaping our society, coming up with cost-effective approaches to maintaining a secure cyber framework is becoming increasingly more difficult. Mimecast’s State of Email Security report 2023 found that two-thirds of respondents reported their cyber budgets were less than they should be. The challenge is great, but there is a way to spend less while getting more in cybersecurity.
Organizations should structure their spending around a multi-layered security architecture approach. By investing in reliable vendors with integrated solutions that align with their risk profile, organizations are able to maximize their tech stack and optimize their people and processes with automated manual tasks and functions. This allows for a more agile security posture, one which is less complex and mitigates risk without breaking the budget. Additionally, by consolidating security frameworks through API and third-party technology integrations, businesses are able to save on expenses of both human and financial capital.
A multi-layered security architecture also allows businesses to share threat intelligence across the enterprise’s entire security ecosystem quickly and easily. For instance, an SOC team can use a SOAR tool to pull metadata from a security solution that initially flagged a suspicious activity, eliminating hours of manual work. Likewise, threat hunters will be able to craft automated processes tailored to their organization’s security and risk needs, making their job of sifting through hundreds of incoming alerts much easier.
Mimecast is a global, cloud-based I.T security company that specializes in protecting organizations from email threats, ransomware, and data-based risks. Founded in 2003, the company has quickly become a leader in cloud-based email solutions and cybersecurity engineering. To keep up with the constantly changing digital marketplace, Mimecast continuously develop more effective solutions to address cyber threats and vulnerabilities.
Peter Bauer, the Founder and CEO of Mimecast, is a digital veteran who has been at the forefront of cutting edge innovation since 1994. With an expertise in enterprise infrastructures and data centers, Peter has successfully built Mimecast into the global business it is today. Focused on the security challenges of modern-day IT, Peter continues to drive the development of cost-effecting solutions to stay ahead of the latest cyber threats.
In the face of current economic uncertainty, organizations must take action to ensure they are able to withstand ever-evolving threats. A multi-layered security architecture is a cost-efficient solution that optimizes people and processes while reducing complexity and mitigating risk. With tools like Mimecast’s integrated security solutions at our disposal, we can swing the balance of power away from adversaries and recession-proof our cyber posture.
