Cybersecurity: An Untapped Competitive Advantage Hiding In Plain Sight
In this Forbes Tech Council article, cybersecurity is reframed as more than just defense. The piece highlights how strong security practices can serve as a competitive advantage, helping businesses build customer trust, support innovation, and stand out in crowded markets. Contact Swerve Limited to learn how you can make cybersecurity a driver of growth for your business.
Why is cybersecurity considered a competitive advantage?
Cybersecurity is more than just a compliance obligation; it serves as a competitive advantage. Organizations that proactively invest in cybersecurity can differentiate themselves by demonstrating trustworthiness to customers and investors. Strong cybersecurity practices not only protect against breaches but also signal operational maturity and reliability, which are crucial for winning contracts, especially with larger enterprises.
How does cybersecurity impact financial performance?
A mature incident response program can save organizations significant amounts of money. For instance, companies with such programs saved an average of $2.2 million per breach compared to their peers. By investing in cybersecurity, businesses can reduce the financial impact of incidents and avoid costly regulatory penalties, ultimately keeping more money within the organization.
What role does cybersecurity play in compliance?
Effective cybersecurity acts as a safeguard against compliance violations. With regulatory frameworks becoming stricter, such as GDPR and HIPAA, having robust cybersecurity measures in place helps organizations avoid hefty fines and legal repercussions. It ensures that businesses are not only compliant but also prepared to manage risks associated with data protection and privacy.
.jpg)
Cybersecurity: An Untapped Competitive Advantage Hiding In Plain Sight
published by Swerve Limited
Swerve is a responsive, 100% Kiwi-owned technology business. We are headquartered in Auckland and service clients across New Zealand.
Our customers are diverse, from the engineering firms that build the infrastructure of the nation, to the Hobbiton team in Middle-earth that warm the hearts of countless international (and local) visitors.
No matter their business, each client enjoys big team capability, delivered with small team agility - and the simplicity of one responsive IT partner for everything.
We believe IT matters
Our purpose: To put people at the heart of technology, as we design, deliver, and support exceptional IT experiences that keep business humming.
Swerve was founded in 1999 and for over 25 years we've taken care of technology because we know IT matters.
IT matters because it powers the engine rooms of the Kiwi economy. Businesses like yours, that is.
IT matters because it protects IP, data, and the lifeblood of livelihoods in an age of sophisticated cyber crime. IT matters for productivity, for communication, for healthy communities, and for everything that keeps New Zealand humming in a digital world.
Sign in with LinkedIn