Revolutionize Your Data Security With Outsourcing Magic
Real-World Benefits of Outsourcing Data Security
Outsourcing data security not only offers cost savings but also brings numerous strategic benefits. It allows businesses to focus on core activities, knowing their data is protected by experts. For instance, a report from IBM suggests that companies with a fully deployed security automation strategy save an average of $3.58 million per data breach compared to those without2.
Moreover, outsourcing providers often have access to the latest technologies and threat intelligence, ensuring your business is protected against the most current threats. This level of expertise is challenging to maintain internally, especially for small to medium-sized enterprises.
Financial Considerations and Pricing Context
The cost of outsourcing data security services can vary widely based on the scope and scale of services required. On average, businesses might spend between $100 to $500 per user per year on managed security services3. However, the investment is often offset by the reduction in potential losses from data breaches and the elimination of costs associated with maintaining an in-house team.