Did you know that there is a strong link between security and business success? And yet, even though business leaders say they see the correlation between cybersecurity and business benefits, only 24% of organisations are truly ‘Cyber Ready’ today (according to the Vodafone 2018 Cyber Ready Barometer) – meaning adequately equipped to deal with the threats inherent in the digital landscape.
This means most organisations aren’t listening to their own instincts and prioritising investing in security to the degree they should be. So to validate business leaders’ thoughts, we’ve put together three reasons why cybersecurity should be viewed as an opportunity and not simply a cost.
1. Enable innovation
The digital age has brought us many new technologies and working practices, which have driven operational efficiencies and opened up new sources of revenue. Businesses are taking advantage of this through the use of multiple cloud technologies, Internet of Things (IoT) devices and ‘bring your own device’ policies in the workplace. The benefits of using new forms of technology and ways of working are numerous, but they also bring greater vulnerability to your business from a cybersecurity standpoint. IoT, for instance, allows you to turn everyday objects into senso...