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Does More Money = Better Security?

Does More Money = Better Security?

October 23, 20241 min read

Cybersecurity spending continues to rise.

But are we seeing evidence that more money = better security?

The cost of a breach also continues to rise.

According to IBM, the average breach in 2022 cost $4.35M.

So, is throwing more money at it the right strategy?

It's time to rethink this approach. A 'good enough' strategy, focused on proven methods and making the best use of what you have already bought is the key to more effective cybersecurity.

Are you investing in the right areas, or just adding to the spending spiral?

Rather than buying that new tool that promises to fix all of your security gaps, consider these questions:

Are you enforcing MFA for all users?

Are you using number matching with said MFA?

Are you backing up your systems?

Are you capturing logs?

Is someone watching those logs and responding to threats?

Is your Active Directory configured optimally for security?

Your network gear can do a lot to help or harm your security. Is it configured properly?

These are all basics and most are solutions you already own, but may not be using properly.

The bad guys aren't slowing down, but you can level up your security without breaking the bank.

We are always willing to answer questions and help business leaders figure out if they could be getting more out of their IT spend. No strings attached. Just reach out.

#Cybersecurity #StrategicSpending #ITManagement

Mr. Hawbaker is one of the co-founders of Valenture and an experienced network and security engineer. Joel studied at the University of Illinois’ College of Electrical and Computer Engineering as well as at Columbia College Chicago. He has spent the last 20 years in various IT disciplines and has hands-on experience in some of the world’s largest networks.

A Chicagoland native, Joel now lives in Tennessee with his family.

Joel Hawbaker

Mr. Hawbaker is one of the co-founders of Valenture and an experienced network and security engineer. Joel studied at the University of Illinois’ College of Electrical and Computer Engineering as well as at Columbia College Chicago. He has spent the last 20 years in various IT disciplines and has hands-on experience in some of the world’s largest networks. A Chicagoland native, Joel now lives in Tennessee with his family.

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Featured Posts

Does More Money = Better Security?

Does More Money = Better Security?

October 23, 20241 min read

Cybersecurity spending continues to rise.

But are we seeing evidence that more money = better security?

The cost of a breach also continues to rise.

According to IBM, the average breach in 2022 cost $4.35M.

So, is throwing more money at it the right strategy?

It's time to rethink this approach. A 'good enough' strategy, focused on proven methods and making the best use of what you have already bought is the key to more effective cybersecurity.

Are you investing in the right areas, or just adding to the spending spiral?

Rather than buying that new tool that promises to fix all of your security gaps, consider these questions:

Are you enforcing MFA for all users?

Are you using number matching with said MFA?

Are you backing up your systems?

Are you capturing logs?

Is someone watching those logs and responding to threats?

Is your Active Directory configured optimally for security?

Your network gear can do a lot to help or harm your security. Is it configured properly?

These are all basics and most are solutions you already own, but may not be using properly.

The bad guys aren't slowing down, but you can level up your security without breaking the bank.

We are always willing to answer questions and help business leaders figure out if they could be getting more out of their IT spend. No strings attached. Just reach out.

#Cybersecurity #StrategicSpending #ITManagement

Mr. Hawbaker is one of the co-founders of Valenture and an experienced network and security engineer. Joel studied at the University of Illinois’ College of Electrical and Computer Engineering as well as at Columbia College Chicago. He has spent the last 20 years in various IT disciplines and has hands-on experience in some of the world’s largest networks.

A Chicagoland native, Joel now lives in Tennessee with his family.

Joel Hawbaker

Mr. Hawbaker is one of the co-founders of Valenture and an experienced network and security engineer. Joel studied at the University of Illinois’ College of Electrical and Computer Engineering as well as at Columbia College Chicago. He has spent the last 20 years in various IT disciplines and has hands-on experience in some of the world’s largest networks. A Chicagoland native, Joel now lives in Tennessee with his family.

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