15 Budget-friendly Ways to Manage IT Security – Global Knowledge

15 Budget-friendly Ways to Manage IT Security – Global Knowledge

Security is costly, and many small-to medium-sized organizations have difficulty deploying sufficient security defenses with a tight budget.
There are many tools, techniques, and methods that can help you decrease your security budget while increasing or maintaining your actual defenses. There is no perfect security defense, and you often get what your pay for.
But, just because something costs a lot does not make it great. Likewise, just because it’s cheap or free doesn’t mean it is worthless. You may be able increase your security without spending a lot on IT.
Security is not something that should be cut in order to save money. Security is an essential part of any organization. Security compromises can often be more costly to repair or restore than the protections lost in the attempt to save money.
Your organization should consider security as important as the building where you work, the utilities required to run the equipment, or the wages of your employees. Security should be considered the last place to cut funding. This is only after all other avenues have exhausted. Without such cuts, the company could go under.
Why would I make such bold claims?
Because organizations are becoming more information-focused and relying more on the internet, the risks to our IT infrastructure increases.
Anyone can perform extremely damaging attacks today if they have basic computer skills, such as installing software, using a browser, and entering commands into a command prompt. Our IT networks are under constant threat from both external malicious entities and internal personnel. These violations are often due to ignorance or negligence, but they are also more often out of malice and spite.
If there are already criminals within an organization and the company decides to reduce security, it may make their attacks more easy, make detection more difficult, or make the recovery and repair more costly.
We must have a policy of not reducing security in times of emergency and establish cost-effective security as a routine practice. This should be a long-term goal. This should be the IT department’s long-term goal.
You should ultimately strive to achieve the best possible security system with the lowest capital expenditure.
The following sections will explore various ideas for saving money on company security.

1) Maximize the tools you already have
In security, there is a belief that if you find a new threat or risk, you must purchase a new countermeasure to protect yourself. This idea is a key principle of security, but it is not always correct.
Security improvement does not always mean adding new layers of protection. It can also refer to the adjustment of components that are already in place or the removal of elements that do not serve a business purpose.
The most secure security can be summarized with just a few key components:
Firewall
Intrusion detection system (IDS)
Anti-malware
Authentication
Authorization
Auditing

These issues can be addressed and organizations often do not require any additional or specialized components.
While there may be good reasons for a business to purchase a special product because of a unique risk, that is more often an exception than the rule. Many security professionals have fallen for the false belief that buying a new product is the best way to solve a problem. We often forget that we already have a sufficient security solution if we just modify, tune or configure it properly.
Befor