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Security as a Business Risk: It's your problem too.

Written by Julie-Maude Arbour | Apr 11, 2025 5:36:57 PM

ON THIS PAGE:

—WHY SECURITY DESERVES YOUR ATTENTION... NOW  —the cost of ignoring security  —"ARE WE SECURE ENOUGH?" [3 SIGNS YOU'RE NOT]  —the NEW RIGHT WAY: SECURITY BY DESIGN

 

TL;DR

Ignoring security isn’t just a tech issue—it’s a business risk that can cost millions, delay deals, and even shut down operations.

The solutions security by design. Instead of last-minute fixes, modern platforms integrate security from day one, ensuring faster releases with fewer risks.

Why Security deserves your attention... now

If you’re a business manager running a B2B SaaS company, security might seem like something your IT team handles. After all, you have a great product, strong sales, and a growing customer base... so why worry about security now?

Because security isn't just a tech issue—it's a business risk. A single data breach can cost $4.45 million and lead to lost customers, regulatory fines, and lawsuits.

Security is not just about protection data. It’s about:
  • Protecting revenue: Avoiding breaches, lawsuits, and compliance fines.
  • Enabling growth: Enterprise clients demand security certifications.
  • Keeping your business running: Ransomware can shut down operations for weeks.
Ignoring security is expensive. Businesses that get it right avoid major financial and reputational losses.

The cost of ignoring security

Security failures don’t just cause IT problems—they disrupt the entire business:

  • Financial Loss: The average breach costs $4.45M (IBM, 2023).
  • Lost Deals: 81% of software buyers consider a vendor's history with data breaches or security incidents when evaluating solutions. Regulations like GDPR, SOC 2, and ISO 27001 are no longer optional, they’re the price of admission for doing business, especially with enterprise clients. If you can’t prove your security posture, you’ll lose deals before you even start negotiations.
  • Operational Downtime: Ransomware attacks halt business for days or weeks.
  • Regulatory Fines: GDPR, SOC 2, and ISO 27001 violations come with heavy penalties.

Many companies assume they’re too small to be a target, but 83% of SMBs hit by ransomware go bankrupt within 1 year. Security isn’t just for large enterprises—it’s for any SaaS business handling customer data.

—"are we secure enough?" [3 signs you're not]

1. Your sales team keeps hearing: "We need SOC2 first."

What's happening? A majority of buyers won’t sign deals unless your company meets security standards like SOC 2, ISO 27001, and GDPR. Without these certifications, potential customers see you as a risk.

The fix: Our platform bakes in compliance into your workflows—checking the necessary boxes without slowing sales down.

2. Your team says: "We'll add security later on."

What's happening? Many startups delay security until they scale, but retrofitting security later is 3–5x more expensive, more vulnerable to attacks and a common reason for delays in launching new features.

The fix: Our "secure by design" platform ensures security is integrated from day one, like how seatbelts are built into cars rather than added later.

3. You CAN'T ANSWER THE SIMPLE QUESTION: "WHERE'S OUR DATA?"

What's happening? If you don’t know where customer data is stored, who has access, or how it’s protected, your company is one incident away from regulatory hell.

The fix: Modern platforms like ours provide real-time visibility into where your data is, who is accessing it, and how it’s being used—without requiring a security expert.

—the new right way: securITY by design

Security isn’t a one-time fix. It’s an ongoing process, and that's where Platform Engineering ↗ and DevSecOps (integrating security into DevOps ) comes in as the new standard for SaaS companies. 

DevSecOps ensures that security vulnerabilities are identified before they turn into costly breaches. Instead of fixing security later, it becomes a natural part of development. Even Microsoft has embraced this, launching its Security DevOps Toolkit to help developers catch security issues early—before they turn into breaches.

Here's a summary of the key improvements made in the recent years.

  THE OLD WAY [SLOW & RISKY] THE NEW WAY [FAST & SECURE]
HOW SECURITY WORKS Added late, causing delays Built-in from the start
AUDITS & COMPLIANCE Last-minute scramble Always up to date
RISK MANAGEMENT Issues found too late Problems prevented early
SPEED OF RELEASES Slow, due to security checks Faster, without extra risk
OVERALL IMPACT More delays, higher costs Smoother growth, fewer problems

 

IS YOUR BUSINESS SECURE ENOUGH?

Discover how a unified platform strategy can cut costs, boost efficiency, and keep your business secure. Let's talk! ↗