Keeping your security system up-to-date is highly crucial. Hence it is always a good idea to partner with a security service vendor, who can help fulfill your security needs. In this context, it is important to understand that selecting a suitable vendor is just as significant as choosing the right software tools with the right features. And just as you have a checklist to choose the suitable software, you should also have a checklist when choosing your security vendors.
Security risks are now at their peak, with attackers continually adopting new techniques to break firewalls and hack networks. Hence, the amount of research done by security vendors, and how they apply the findings in developing their governance risk and compliance solutions, is one important factor to be considered while choosing the right vendor for your business. Market research has revealed that those vendors, who invest judiciously in security research, develop better products that are capable of protecting customers not only against the prevailing threats, but also from future attacks.
Here are some tips to help you find the right security vendor for your business. The ideal vendor should fulfill the following criteria:
- Should be Stable: Longevity and a large install base are the main indicators of stability. Therefore, always go for a software provider who has been around for years. They are better experienced and can guide you with the right solutions for your business risks.
- Should be referable: The vendor should be able provide you with references of companies using their security services. You can be sure that those vendors, who readily offer a list of references, are the ones who have been providing satisfactory services. Hence they are the most reliable.
- Should understand you: A vendor who is able to best understand your business needs is the most suitable for your company. Good vendors will be familiar with your specific business needs, or will take the time to learn. They take the time to understand how you work as a company, do a vulnerability scanning to determine the possible risks, and devise methods to curb them. They must evaluate your business processes and be able determine whether all your functions are in accordance with rules and regulations.
Apart from the criteria listed above, also consider other factors such as customer service, warranties, and free upgrades. Remember that your budget for a security service cannot be compromised. Hence, you should also bear in mind, the number of users who will benefit from this software, and the license and customization fees charged by the vendor.
The ‘loss prevention approach’ to security solutions should be another key factor in determining the right vendor for your business. A good security vendor is always capable of providing an end-to-end security solution, which will address present and future threats and help achieve loss prevention in all areas of your business.