PKI (Public Key Infrastructure) impacts your life and business life more than you can imagine. You need PKI daily to secure your activities online. Whether chatting on your favorite social media app, sending files by email, or making a purchase online.
If you run a business other than failing to comply, not implementing PKI could cause serious damage. So by increasing operation risks, exposing you to data breaches, and ultimately losing the trust of your customers. Luckily, you don’t need to go through all the trouble of creating your PKI, you can easily find a reliable third-party PKI service provider.
As a small business owner, getting PKI-as-a-Service (PKIaaS) can be your best bet for data privacy online and boost efficiency cost-effectively. Wondering why? Take a look at these top 5 benefits.
1. Swift Deployment
The traditional way of implementing PKI requires businesses to have experts. Who could run their own PKI and obtain the necessary software, hardware, and other resources to run smooth operations? But with PKI-as-a-service, you need considerably less infrastructure and resources for its success.
It can be tempting to reuse certificates (keys) when deploying certificates. What is risky about this is that a single lousy certificate can expose all other devices to potential risks. It’s advisable to use separate certificates for each device to minimize such risks; this is where
PKI as a Service comes in. This solution lets you tap into the provider’s PKI infrastructure on a cloud platform to safeguard your business. That means everything across the PKI lifecycle is handled. You won’t need to set up a certificate authority, issue certificates, and manage them to ensure secure data transmission.
These PKI make your work easier because they come with automated procedures for robust data encryption and protecting all your digital assets. The fact that it is cloud-based means you can access it anywhere and enjoy a secure connection between devices and users.
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2. It is Highly Scalable, Promoting Business Growth
Scalable cybersecurity solutions are the cornerstone of business success. So, when starting with 20 employees, you need a PKI that grows with your business. Keep it secure once you have 1,000 employees serving thousands of customers. PKIaaS can be a savior, ensuring your business expands without compromising its security infrastructure. This causes data loss, suits, and financial losses.
A flexible PKI service provides you with PKI that integrates into various departments in your business, securing applications, devices, and users by remaining adaptable without compromising efficacy or security. So, if you are in a fast-evolving industry and might need to scale up or down quickly, getting reliable PKIaaS will save you lots of time, disruptions, and the high costs this process requires.
3. Easy Key Management
Simplified key management streamlines access control, crucial in achieving robust cybersecurity. Organizations use access control to determine who can access or modify what in a computer system. The idea is to enhance security by ensuring that only authorized devices or individuals can access certain digital assets.
Access control seems easy to the average person: allow or deny access. In reality, setting up the backend is a much more complicated process. It starts with identifying the devices or persons attempting to access the system, verifying their authorization, and deciding. Whether to grant or deny access and then audit their activities in the system. You need a robust PKI system to effectively manage this and protect sensitive information.
PKI as a service offers businesses an automated PKI solution that simplifies managing access. It allows managers to control and grant access permissions to authorized devices and users hassle-free. Automating key issuance, renewal, and revocation of access eliminates human errors, ultimately reducing security lapses, which helps keep sensitive data away from intruders.
4. Around the Clock Security Monitoring
In 2024, the average cost of a data breach is estimated at $4.4 million. But that’s not the only concern; once a breach occurs, it typically takes around 280 days to contain it. This is why businesses need to deploy 24/7 threat detection systems. Real-time threat detection significantly improves response times, helping resolve security incidents faster and minimizing damage. PKIaaS offers all the automation tools businesses need to streamline threat detection and response, providing owners, employees, and customers peace of mind.
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5. It Offers a Cost-Effective Security Solution
PKI as a service is popular in business because it is affordable. In the traditional system, businesses need an in-house staff to set up the necessary infrastructure, which means a higher cybersecurity cost. PKIaaS is cost-effective and more reliable, limiting the chances of breaches occurring.
Conclusion
These are the top benefits businesses enjoy from procuring PKI as a service. Considering the huge financial burden a single data breach can cause, it’s a strategic investment with a good return on investments. From swift deployment, stress-free key management, scalability, and 24/7 security monitoring to affordability getting a PKI from a reliable provider can be wise for businesses of all sizes.
