Modern-day organizations have become increasingly reliant on various third-party software in order to operate effectively. The covid-19 pandemic and the newly blooming remote work environment brought a greater reliance on third-party software such as Microsoft Office or Salesforce. While the implementation of these services can greatly benefit an organization it does cause the business to be more exposed to data-related risks.
Many common software applications do not provide organizations with much protection, in addition, the responsibility for a disruption or loss of data is largely placed upon the organization rather than the service provider. Despite this, organizations are still reluctant to implement new forms of data protection measures despite running the serious risk of data loss.
With data being such a critical resource for organizations, data protection should be a top priority. Not only are organizations exposed to numerous cybersecurity risks but there are internal risks that could result in a loss of data as well.Because of this, it is of the utmost importance that organizations utilize other means of creating and maintaining backups of mission-critical data:
· Backups. While most of the common SaaS applications offer various means of gaining more backups of mission-critical data, often these back-ups are stored on public cloud services. Organizations should obtain roughly about 4 backups of critical data and should push for these files to be stored on independent and private servers. To do this organizations should consider implementing other third-party applications with a greater focus on security. This way if one backup is corrupted the organization does not experience as significant of a disruption due to various copies of the data being accessible.
· Cybersecurity. Cybersecurity has been on the minds of organizations for quite some time now. While most common SaaS providers have taken numerous steps in an attempt to provide security within their software, often they do not prioritize it. Many other third-party applications have a greater emphasis on security and thus will provide better protection for critical data. By adopting a secure third-party and private cloud storage application organizations can better ensure that their data is protected at all times.
· Reduced Costs. The growing popularity of common SaaS applications such as Microsoft Office andSalesforce has caused a restructuring of how customers are billed. Not long ago the software would be purchased for a single rate, now many utilize a subscription method for obtaining the services. The downside to this is that in order to obtain the most optimized version of the software organizations are often bogged down by higher bills and hidden fees. In many cases obtaining the desired tools and then finding other third-party SaaS applications to manage data security can actually result in reduced costs.
Data and information are one of the greatest assets for any organization. Because of this, it has become increasingly critical that organizations ensure that their data is secure. While common SaaS providers can offer decent security, it has become increasingly apparent that the quality of security does not meet the needs of most organizations. With this in mind, it is now becoming necessary that organizations implement other forms of third-party software to ensure that data is private and secure at all times.