Service providers who invest in cybersecurity will be well-positioned to drive new market opportunities and improve business outcomes. Implementing robust methodologies and procedures – during development and production – allows providers to demonstrate to both customers and partners that their sensitive data and assets are well-protected.

A cybersecurity program can instill greater confidence and trust, which can be a key business differentiator, leading to increased revenue and reduced customer turnover. In addition to mitigating the risk of costly data breaches and reputational damage, which can significantly impact the bottom line, a strong cybersecurity posture allows service providers to protect their intellectual property, and further differentiate themselves in the marketplace.

As technology evolves, new security measures and protocols must be adjusted. From a service provider’s perspective, the start of an effective cybersecurity program must begin during the development and production phases of mobile services, products, and cloud offerings.

Security at the Forefront

Implementing cybersecurity early in the development lifecycle is critical for organizations to increase code quality, data protection, and market velocity. By incorporating security considerations and best practices during the design and development phase, vulnerabilities can be identified and mitigated before they pose a risk. This helps providers avoid costly rework and delays later in the process.

Additionally, implementing security early in the development lifecycle can ensure service providers comply with industry regulations and standards, which can be more difficult and expensive to address after the fact. Involving the security team at the start of a development process will provide visibility and instill ownership of cybersecurity procedures.

Learn More

Safeguarding internal processes and achieving security certifications are also important steps to take to ensure business-critical data and customer information remain protected. I discuss this, and more, in my article featured in The Fast Mode.

Join the Discussion

Attend our Fireside chat on June 22nd at 11:00 am EST for an insightful discussion on “Safeguarding the Cloud, Protecting Customer Data.” Join Synchronoss executives in exploring cybersecurity challenges and opportunities faced by service providers in the digital age. Register here.