5 key steps to cyber security vendor selection

Selecting the right cybersecurity vendor can feel daunting, especially for organizations juggling limited resources, strict guidelines, and constant regulatory scrutiny. With countless vendors to choose from, how do you confidently pinpoint the best fit?

KYND has simplified this process for you. Our practical 5-step guide walks you through exactly what you need to consider, making vendor selection straightforward and aligned with your unique needs.

Define your needs: Go into the vendor selection process knowing what you want and why you want it. Sit down with your team and draw up a list of “must-have”, “nice-to-have”, and “unnecessary” features.

Shortlist vendors: Once you know what you want, it will be easier to shortlist vendors you feel are appropriate. For example, you can seek out recommendations from your peers or professional groups.

Apply security criteria: Functionality matters, but security is non-negotiable. Reject any vendor that doesn’t encrypt sensitive data or enforce strong authentication like MFA.

Approach and negotiate: Plan your negotiations with your team. While there is room for flexibility in many areas of negotiation, do not be tempted to sacrifice security for the sake of cost.

Make your selection: Once negotiations are done, review your options with key stakeholders. Revisit your priorities and weigh each solution against your criteria to make a well-informed final decision.