ROI Revolution: Quantifying the Financial Benefits of Implementing a Business VPN for Growth

VPN can be a massive help to your organization – it protects your data, secures business continuity, and can even promote productivity.

And, as you’re about to learn, VPNs can save you millions lost with data breaches and phishing…

In this post, you’ll learn everything about business VPN, how it helps your business, and how to measure its ROI – so you know whether it’s worth it for you.

What is a Business VPN?

A Business VPN (Virtual Private Network) is a technology for secure and encrypted connections over a public network, like the Internet. It creates a tunnel from the user’s device to the server of the VPN provider so that all the transmitted data will remain encrypted and secure, ensuring the safety of your sensitive business information and privacy while also allowing remote access to company resources. 

Business VPN also lowers costs by:

  • Reducing the reliance on expensive private networks
  • Cutting infrastructure costs
  • Facilitating a remote workforce

This results in operational savings and improved business continuity.

Why Do You Need a Business VPN?

Business VPN protects sensitive data, securely conveys communication, and remotely works by covering the user’s IP address and making their activities unknown. 

It lets firms overcome geographical barriers to access resources profitably. 

Cost Savings

VPNs help boost ROI as investments come to them by underpinning remote work with ways that reduce pain travel and office expenses.

Data Protection

VPNs encrypt data while fully ensuring compliance with regulations like GDPR and CCPA. Thus, sensitive information is secure, which builds customer trust and prevents costly data breaches.

Enhanced Productivity and Efficiency

This VPN feature allows secured access to resources from any point, demolishing geographical barriers to a streamlined workflow and better collaboration from anywhere.

Business Continuity

VPNs ensure business operations continue with minimal downtime during natural disasters or cyberattacks. They enable secure remote access, maintain workflow, and protect data.

5 Real-Life Examples of Security Blunders Costing Millions

Several real-life incidents will be explored where the absence of robust cybersecurity measures, such as VPNs, led to substantial financial losses for businesses. These examples highlight the importance of investing in secure network solutions to safeguard against similar outcomes.

  1. Pegasus Airline Data Exposure: In June 2022, Pegasus Airline accidentally exposed 23 million personal data files due to an employee improperly configuring a database highlighting the importance of secure network configurations, which a VPN could help enforce by providing fast, encrypted connections and access controls.
  2. NHS Phishing Scams: The NHS experienced a significant phishing attack between October 2021 and March 2022, where over 130 email accounts were compromised, which led to unauthorized access to sensitive information. A VPN could have added an extra layer of security, making it more difficult for attackers to exploit compromised credentials.
  3. Sabotage by a Fired System Administrator: After being made redundant, a system administrator at Georgia-Pacific used his still-valid login credentials to access servers from his home via a VPN. The system administrator tampered with the control systems, causing over a million in damages, underscoring the need for robust VPN management, including timely revocation of access for former employees.
  4. Taco Bell Employee Credit Card Theft: A Taco Bell employee was caught stealing customers’ credit card details. While a VPN alone might not have prevented this physical theft of data, comprehensive network security, including secure VPN use, is part of a broader strategy to protect sensitive customer information.
  5. General Electric Trade Secret Theft: An engineer at General Electric stole over 8,000 sensitive files to start a rival company. Proper network security measures, including secure VPN channels for sensitive data, could have made unauthorized access and exfiltration more difficult.

How Can You Measure the ROI of a VPN

Quantifiable benefits of VPN include:

  • Savings in travel expenses
  • Reduced IT support costs
  • Avoided costs from security incidents

However, there are also Intangible benefits – such as improved employee satisfaction and enhanced business agility. The ROI can be calculated using the formula: ROI = (Benefits – Costs) / Costs x 100%. 

How to Set Up a VPN With Perimeter81

Installing a VPN via Perimeter81 is one of the smartest decisions your organization could make when it comes to fortifying its cybersecurity position and contributing to your bottom line.  

Perimeter81, recognized for its robust security solutions, offers a streamlined process to set up a VPN that:

  • Safeguards your data
  • Aligns with your business objectives

The following steps will help you along the way:

  1. Understand Security Needs: It is very important that before starting, one should evaluate the security needs of your organization. Remember the size of your network, how many remote users are there, and what kind of data you have to protect. 
  2. Register for an Account with Perimeter81: Visit the Perimeter81 website and sign up for an account. Choose a plan that fits your business needs, depending on the size of your team and network infrastructure.
  3. Setting Up the Network: Once your account is activated, set up your network. Perimeter81 has a user-friendly dashboard to begin with. Thus, whether you are tech-savvy or not, you will comfortably access all basic tools to manage and secure your network- from setting up secure internet gateways to defining minutes for access control policies.
  4. Deploy Perimeter81 VPN Agents: The agents of a perfectly displaying mastery for Perimeter81 VPN are established on all the devices that connect to the network. These agents comply with many devices and operating systems, making it convenient for them to be installed, and people in your team are probably already using them.
  5. Set Up Secure Access Points: Make a few access points for your team. Perimeter81 will open many secure connections to fit the employees in-office or remotely.
  6. Zero Trust Policies: The zero trust model validation of every user and device trying to access the network resources. The Perimeter81 platform will let you impose strong authentication and authorization policies so that only authorized users can seek access to any sensitive business data.
  7. Monitor and Manage Your Network: Use the network analytics and reporting tools of Perimeter81 to monitor the activity on your network. It should help stabilize the network while being vigilant about user behaviors, detecting anomalies, and reacting to threats without wasting time.
  8. Help When You Need It: Should you run into any issues or have questions, the Perimeter81 expert team is also available to help. They will guide you through each step of installation and implementation.

Supercharge Cybersecurity With Perimeter 81

Take your business’s cybersecurity to another level with Perimeter 81’s advanced VPN solutions.

Book a FREE demo with Perimeter 81 today and unlock the best security and boundless possibilities for growth. By securing your digital environment, you step into a future that promises to grow with the best security and protection.

FAQs

Should a small business use a VPN?
A small business should definitely use a VPN.  A VPN solidifies your network security from internet criminal risks and enhances accessibility, keeping your team working from anywhere. Using a VPN improves your digital framework and establishes more confidence in your customers.
What is the business justification for VPN access?
The VPN access business case centers around strong cybersecurity and data protection. With the encryption of internet connections, a VPN strongly protects access to critical data or for cybercriminals from gaining unauthorized access and carrying out cybersecurity attacks, thus guaranteeing the inviolability of sensitive customer and company information. In addition, it provides the employees with secured remote access that aligns with up-to-date flexibility needs of work while maintaining data security.
What is the major advantage to a business using a VPN instead of a dedicated private WAN?
Workplace VPNs create a secure and encrypted connection between the user’s device and the company’s network and ensure that information is sent over securely. Development of such a secure link, often termed a ‘tunnel,’ provides employees the privilege to connect with different resources of the internal network through remote access in a way that guarantees data security and integrity.