Page 173 - Cyber Defense eMagazine January 2024

technologies (PPT) could be an AI alternative, as it promises to act like most models while maintaining
privacy, ethics, and regulatory requirements.

Optimizing your security tech.

There are multiple ways to optimize existing security tools to perform at their best, which can help relieve
tight budgets. Existing software contracts should be reviewed to make sure that they still work for the
company. This may be done by validating any new terms and conditions, renegotiating pricing, and
ensuring that only those employees who need it have a license. It may also be time to have a look at your
prior investments and make sure they are still relevant to the company. Cut out legacy contracts or
underutilized tech that no longer aligns with your business, and consolidate to fewer tools if possible, as
some may have integrated a solution that previously required a separate tool.

With economic recession looming over the US economy once again, the majority of companies still
recognize how important it is that customers, employees, and stakeholders feel like their needs are being
met. That’s why it is so important to invest in technology that protects businesses from cyber threats as
a company necessity, not a luxury.

About the Author

Luke Wallace, VP of Engineering at Bottle Rocket, unpacks why companies
are expected to increase their budgets in tech, including privacy tools and
cloud security, despite a looming recession.
https://www.bottlerocketstudios.com/

Cyber Defense eMagazine – January 2024 Edition 173
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