Concerns over the threat of cyber-attacks are leading companies to open their wallets and spend millions of dollars to keep their data safe. This money is going to the purchase of firewalls, malware protection, and consultation for their overall security.
But if you aren’t aware of what makes your data vulnerable, then all the money in the world can’t protect it.
Cyber criminals are opportunists, which means they look for any security loophole that will allow them to easily penetrate a business’s defenses. This usually means an overlooked area like unapproved software, an unprotected server, or a less-than-secure password.
Experts predict that by 2021, damages from cyber crimes could total $6 trillion per year.
Utilizing Software Asset Management for Cyber Security
Software Asset Management (SAM) can do much more than simply secure back door entryways to your data.
To run a successful IT infrastructure and cybersecurity management program, a comprehensive asset management is key — and SAM is a proven way to get a comprehensive look at an organization.
A SAM setup that works effectively will give insights into the devices and applications a business is running, show any discrepancies found between software licenses (keeping businesses from paying for what they’re not using), and point out potential threats to a business. These security measures include ensuring the decommission of end-of-life software and providing updates when patches are applied.
Benefits of SAM for Cybersecurity
- Save money. Reduces money lost by cyberattacks and increases money through efficiency.
- Reduce vulnerability. Allows for the development of a stronger IT infrastructure.
- Predict risk. Identifies risky areas.
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