There is simply no way to run any kind of online business right now without some kind of cybersecurity system in place. Even if you’re just operating a basic website, chances are your web host has layers of security protecting you from behind the scenes. If you’re looking to expand your own cybersecurity system, here are the core options you’ll be looking at.
Turnkey
The most popular choice for a general security solution is a turnkey cybersecurity package, meaning one that is essentially premade and ready to be used out of the box. These are commonly used within industries where a fast startup is needed, such as in online gambling, and are often used to complement other software like a turnkey gambling solution which takes care of virtually everything for a casino site outside of dedicated security.
The main advantage of going turnkey for your security is that usually, it requires very little in the way of technical expertise to get everything in place. These solutions are typically designed to be plug-and-play, meaning less resources are needed on your side to implement and maintain the system. They are ideal for smaller companies with general security needs.
Bespoke
For certain business types, bespoke security systems operated by external experts are a better fit, especially when there are more specific demands such as with finance or sensitive information. While turnkey options are excellent for a quick start, they naturally cannot cover every intricacy of a security system, so a customized version or one built from scratch may be needed.
Due to the heightened cost of bespoke systems, these are usually best suited to larger organizations, and particularly ones with specialist niches such as fintech and crypto where the technology is evolving fastest and potential breaches could prove to be the most costly. Be aware that the initial project isn’t the only place where the cost goes up, however, as you will also need more specialist support to maintain it.
In-House
If the resources are available, the third option is basically to do it yourself. This is by far the most costly option, requiring extremely specialized staff, a long time allowance, and a substantial development budget. Given that the average salary for a cybersecurity analyst alone is estimated around 130,000 USD per year, not to mention developers and managers, this is only for the largest operations.
The benefits you get out of it are equally large, however. You effectively get complete control over every single aspect of your security setup and the freedom to customize any part of it you need to. Moreover, any breaches or issues can be jumped on immediately without relying on outside support, and with cybersecurity, even a few minutes can make a massive difference in damage control.
Which option is best for you will depend a lot on the scale and specific function of your business, but as a rule of thumb, the more data you process and revenue you see, the more elaborate a solution you’ll need. Just remember that cybersecurity is much like your home electric system: unless you’re 100% sure you know how to work with it, call an expert!
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