In any cost/benefit analysis, it’s always important to assess
the risk of using or ignoring a particular tool or resource. In the case of not
using managed firewall solutions, the risk can be quite high.
For
example, how much productivity would your business lose if a poorly-optimized
firewall configuration caused legitimate access requests to fail? Or, how much
would it cost your business if an improper firewall configuration let a
cybercriminal breach your network? According to Ponemon, a breach would
cost you about $3.86 million on average.
So,
when weighing the cost of managed firewall services, consider the price you
might have to pay if you don’t have a well-managed firewall.
Another
cost factor you should balance when considering a managed firewall solution is
what it would cost you to manage the firewalls your company needs entirely
in-house. Cybersecurity experts can be costly to hire, onboard, and train—with
salaries easily reaching six figures a year before benefits.
And, considering the shortage of skilled cybersecurity engineers, it’s a
jobseeker’s market, not an employer’s market.
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