5 Ways to Invest in Cybersecurity for Your Company

Investing in information security is no longer a "luxury" for businesses around the world. It is a pressing need that prevents many future losses. But what are the ways to invest in cybersecurity for your company?

Firstly, it's important to understand the significance of this investment before exploring the various options.

The Need for Cybersecurity Investment in Your Company

Technological advancements are now a reality for many Brazilian companies. With these new opportunities for work and simple routines, new types of crimes, thefts, and breaches have emerged.

Cybercrime is a global reality and continues to grow each year. In fact, Brazil was considered the fifth largest target for digital crimes in 2021—a statistic that leaves companies in the country quite concerned.

Given this context, it's clear why investing in protective measures within digital environments is crucial. Furthermore, it's worth highlighting the advantages of cybersecurity investments.

These strategies not only help protect your company after attacks but also provide security for systems even before a cybercrime occurs. Investing in cybersecurity also makes your company more trustworthy for partnerships with other businesses and clients. After all, it's much easier to trust your data to a company with an effective information security system.

Additionally, such investments could even become a market differentiator. In other words, you could develop marketing strategies that highlight your concern for security as a decisive factor for clients.

Ways to Invest in Cybersecurity

Now that you know more about the benefits of investing in information security, here are some methods to enhance your company's preparedness against cybercriminals:

1. Stricter Access and Equipment Rules One of the biggest issues related to cybersecurity is the lack of stringent rules regarding access to confidential documents and data. Therefore, it's important to establish control policies.Additionally, ensure that company equipment and mobile devices are used correctly. In an office setting, this control is easier, but for remote or hybrid work, create rules for using company devices.This way, websites, applications, and platforms without proven security will not be accessed on company equipment, reducing the risk of fraud and data theft.
2. Employee Awareness Policies For internal security rules and strategies to be effective, employees need to understand the importance of cybersecurity.Human error is a major contributor to the rise in cybercrimes. In other words, users' mistakes and lack of attention, often manipulated by cybercriminals, are a significant risk.Use this argument to make employees aware of how errors and neglect regarding security factors can harm the company's daily operations.
3. Cybersecurity Expert Team Another investment option is hiring a dedicated team of cybersecurity experts for your company. These professionals will handle the daily management of your organization's systems and platforms.A cybersecurity team streamlines operations and service dynamics by being ready to address any potential issues with the digital aspects of the workflow. They will also ensure compliance with rules such as software updates, making it harder for cybercriminals to act.
4. Pentest Also known as "Penetration Testing," pentest is a great method to assess how well your company's systems are protected against cybercrimes.Information security experts test and attempt to breach the system in various ways. This specific testing can uncover potential weaknesses in the system.Based on the findings, targeted investments can be made to address the most vulnerable points in the digital environment of the organization.
5. Bug Bounty Bug Bounty is a growing trend among companies worldwide. It is a cybersecurity strategy based on rewarding bug discoveries.In a Bug Bounty program, a partnership with companies allows an ethical hacker—referred to as a bug hunter—to control and authorizedly attack the company's systems to find potential flaws and vulnerabilities.When issues are discovered, these specialists provide detailed reports to the company's information security team. The company can then take protective measures based on these findings.

BugHunt: The First Bug Bounty Platform in Brazil

Bug Bounty is gaining prominence among Brazilian companies that recognize the importance of innovative cybersecurity investments.

BugHunt is Brazil's first Bug Bounty platform. With numerous success stories, it is ready to address your questions about its methods and demonstrate how this investment can benefit your company. Contact our team!