In today’s digital world, individuals and businesses continue to store their information in the cloud and their gadgets. However, this process poses a considerable threat to security since there are hackers who want to collect sensitive data for malicious reasons. Fortunately, virtual private network (VPN) software solutions exist to protect people’s data.
A VPN creates a private system from a public internet connection, which allows you and your employees to access the internet without displaying sensitive information.
In this article, you will know 7 VPN software facts that will help you realize the importance of getting one. After reading this article, you will also understand how to pick the best VPN for your business and employees.
The rising concern for data security has encouraged more individuals and organizations to use VPN software tools to conceal their identity while connecting to the internet. Moreover, such programs allow remote workers to access private business networks. Due to these benefits, a study from Statista reported that the global VPN market size could reach up to $35.73 billion by 2022.
Since there is a growing number of companies and private individuals who use VPN to protect their data, organizations that do not take advantage of the program’s benefits are more prone to cyberattacks.
One of the top reasons to use VPN is to help avoid cyberattacks, such as malware, phishing, and man-in-the-middle attacks. However, it is worth noting that VPN does not entirely prevent cybersecurity breaches; instead, it conceals sensitive information through encryption technology. This way, hackers will have a difficult time entering your system.
Thus, security experts recommend businesses to use antivirus tools in addition to VPN programs. This process ensures that you have set up significant security measures for your business and employees. As a result, you can save a tremendous amount of money, which you will realize from the next point of this article.
Aside from data breach, businesses also suffer from lost funds due to cyberattacks. What’s more, they also affect a brand’s reputation and lose customers’ trust whenever organizations experience cyberattacks. Companies then have to spend resources on rebuilding public trust and recovering stolen data.
A report from Herjavec Group predicted that cybercrime damages could cost up to $6 trillion by 2021. The said statistic is a reflection of businesses’ lack of preparedness against cyberattacks and the growing interest of hackers to collect information from hundreds of organizations. Fortunately, VPN software solutions can curb even the financial damages brought by cybersecurity breaches.
There are numerous types of VPN solutions available. However, it might be challenging to pick the right program for your company. The two widely-used VPN software solutions are remote access VPN and site-to-site VPN. Both types protect your data and allow access to the company network, but they are suitable for different business sizes.
If you own a start-up, you should consider remote access VPN over the other. This VPN type features easy installation, making it appropriate for small organizations. But, large companies should use site-to-site VPN since it enables multiple local area networks (LANs) to connect to a single wide-area network (WAN). This feature is beneficial for a business with various departments spread across the globe.
With the limited physical interaction that the pandemic allows, almost all organizations are now employing remote workers. However, this working condition poses threats to data security since owners and managers cannot directly control their employees’ access to business information. Due to the pandemic, a report from Statista mentioned that VPN usage increased by 124% in the US alone.
The effects of this pandemic will stay for the next few years. Hence, experts advise companies to perform additional measures when it comes to data security and privacy.
Aside from concealing sensitive information from hackers, one of the benefits of VPN software tools is its ability to allow remote workers’ secure connection to your company’s network. Even though your employees connect to a public Wi-Fi network, your business’ information will not be accessed by uninvolved individuals.
Thus, you must check out the right VPN software for you. This way, you can continue collaborating with your employees without worrying about data leakage.
When people inquire, why use a VPN, one of the least known answers refer to access control and authentication tools. But, these functionalities are critical to companies since VPN applications allow owners and managers to restrict access to the organization’s internal network. As a result, companies can prevent unauthorized access to their data.
Since cyberattacks are increasing due to the pandemic and reports show that such damages can cost up to trillions of dollars, it is essential to safeguard your digital information. Through the use of VPN software solutions, you can continue collaborating with your employees while protecting sensitive information.