Author: abubakar
US Supreme Court wary of removing tech firms’ legal shield in Google case
A bereaved family accuses Google of abetting a terrorist group by recommending its videos to YouTube users.
A bereaved family accuses Google of abetting a terrorist group by recommending its videos to YouTube users.
Top tech startup news for today Tuesday, February 21, 2023: Coinbase, Hypercraft, Sasol, Soylent, and Twitter
Good evening! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the top tech startup news stories for Tuesday, February 21, 2023. Starco Brands acquires controversial meal-replacement startup
Good evening! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the top tech startup news stories for Tuesday, February 21, 2023. Starco Brands acquires controversial meal-replacement startup […]
Coinbase posts a $557 million loss; revenue tumbles 75% in the fourth quarter as crypto investors move their digital assets out of the exchanges
Coinbase, the biggest cryptocurrency exchange in the US, reported another quarterly loss today after it posted a $557 million loss in the fourth quarter. The crypto exchange also saw revenue tumble 75% during the period as retail traders pulled back
Coinbase, the biggest cryptocurrency exchange in the US, reported another quarterly loss today after it posted a $557 million loss in the fourth quarter. The crypto exchange also saw revenue tumble 75% during the period as retail traders pulled back […]
Social media used to be free. Not anymore.
Sandra Hunke, a plumber who is one of the most popular craft influencers in Germany with 120,000 Instagram followers and now also works part-time as a model, poses for a photo in her workshop in North Rhine-Westphalia. | Friso Gentsch/picture alliance via Getty Images
You used to pay for social media with your eyeballs. Now Meta and Twitter want your money, too. “If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media.
The saying implies that you, the user, aren’t paying for apps like Instagram and Twitter because you’re giving away something else: your attention (and sometimes your content), which is sold to advertisers.
But now, this free model of social media — subsidized by advertising — is under pressure. Social media companies can’t make as much money off their free users as they used to. A weaker advertising market, privacy restrictions imposed by Apple that make it harder to track users and their preferences, and the perpetual threat of regulation have made it harder for social media apps to sell ads.
Which is why we’re seeing the beginnings of what might be a new era of social media: pay-to-play.
On Sunday, Meta became the latest and largest major social media company to announce a paid version of its products with the “Meta Verified” program. Facebook and Instagram will each charge users $12 a month for a blue verification badge, more protection against account impersonation, access to “a real person” in customer support to help with common account issues, and — most importantly — ”increased reach and visibility.” That means users who pay will have their content shown more in search, comments, and recommendations. The company is testing the feature in Australia and New Zealand this week and said it will be rolled out in the US and other countries soon.
Meta’s news comes a few months after Twitter released an $8-a-month paid verification program as part of new owner Elon Musk’s revamped Twitter Blue product. While Meta is notorious for cloning its competitors, its subscription offering isn’t just another case of copycatting. It’s part of an industry-wide trend. In recent years, Snap, YouTube, and Discord have introduced or expanded premium products that charge users for special perks. Snap gives subscribers early access to new features, YouTube serves them fewer ads, and Discord provides more customization options for people’s chat channels.
Now, Meta — which owns the largest social media apps in the world — is validating the trend of a two-tiered user system in social media. In this system, only paid users will receive services that you might otherwise expect for free, like proactive protection from fraudsters who try to impersonate you, and a direct line of contact to customer support when you’re having technical difficulties. Meta says it’s still offering some level of basic support to free users, but beyond that, it needs to charge to cover the cost.
But the most newsworthy part of Meta’s paid verification plan is not about how users who pay will get verified, or receive better customer support — but about how they’ll also get more visibility on Facebook and Instagram.
In the past, in theory, everyone had the same opportunity to be seen on social media. Now, if you pay $12 a month on Meta Verified, you have better odds of other people finding your account and posts — because Meta’s apps will uprank your content over that of other non-paying users. It’s a system that creators who run professional businesses on Instagram and Facebook might find attractive but could also jeopardize the quality of users’ experience if it’s not executed carefully.
With this new program, Meta is effectively blurring the line between advertising and organic content more than ever before. And with many users already complaining that Instagram can feel like a virtual shopping mall, full of creators plugging their own content and products, it’s hard to imagine that people will enjoy an even more commercialized experience.
We don’t yet know the full effects of what Meta Verified will be on the Facebook ecosystem. But it’s clear that, moving forward, if you want to be fully seen, trusted, and taken care of on Facebook, Instagram, Twitter, and other platforms engaging in a premium model, you’ll need to pay up.
Security and support is now a luxury, not a given
If someone steals your credit card and impersonates you, you expect the bank to protect you. If you go to the supermarket and buy spoiled milk, you expect the cashier will give you a refund. Consumers expect a basic level of customer service from businesses.
So it’s understandable why some users are reacting to Meta’s news by arguing that basic services like customer support and account security should be free.
“This really should just be part of the core product, the user should not have to pay for this,” commented one user on Mark Zuckerberg’s Facebook page after the announcement, to which Zuckerberg responded saying that Facebook will still provide some basic support to everyone — but that checking people’s government IDs to verify them and providing on-call customer service is expensive, and Meta needs to charge to cover the cost.
Social media’s customer support and security offerings have always been somewhat broken and unreliable. Apps like Facebook — which serves 2 billion people a day, for free — have never effectively scaled basic programs like customer helplines to assist people who are locked out of their accounts, and verification has always been selective. Often, the users who receive personal attention are VIPs like government officials, celebrities, media figures, or people who happened to know someone who worked at the company.
So while it may seem like Facebook is charging for something it used to do for free, it’s actually charging for something it never did well.
If you’re an average user, you may not want to pay $24 a month for a blue badge on Facebook and Instagram, but if you run a business on these apps, it’s a different story.
Mae Karwowski, CEO of the social media influencer marketing firm Obviously, said that she could easily see “so many people who run business empires” on social media paying for the Meta Verified package as the “next logical step,” because it could bring them even more business. The influencer industry on social media was worth an estimated $16 billion in 2022, and although TikTok is growing, Instagram is still the most popular influencer marketing platform for brands. Facebook and Instagram are also especially popular with business owners, with over 200 million businesses active on Facebook alone, many of whom run their businesses on the network.
The blue badge is important to creators and business owners, Karwowski said, because “it’s important to some people to have that credibility, or perceived credibility.”
Before Meta announced this paid tier, Karwowski said clients would often ask her for help getting verified on Instagram. You can apply to be verified on Instagram if you make the case that you’re a notable public figure. But since so many people apply, it can take a long time to get your application through.
“Previously, it would have to be like, ‘Oh, like so-and-so’s best friend’s cousin works at Instagram.’ And you find them on LinkedIn and send them a message,” said Karwowski. “There was very little standardization. At least now there’s some process.”
Still, some influencers Recode spoke with said they didn’t see enough value in Meta Verified.
“I don’t have a lot of people that are impersonating me. So that wouldn’t really make it very important to me,” said Oorbee Roy, a skateboarder and mom who goes by the handle @auntyskates. “And the other thing is, I feel like I’m close to getting [verified] on my own.”
What Roy did see as valuable was Instagram’s promise of increased visibility.
“I have content that’s very specific to a niche, and I would love to be able to get to that niche,” she said.
That gets us to our next point, about arguably the most valuable part of Facebook and Instagram’s pay-to-play perks: more attention.
Paying for reach
Before this announcement, if you wanted to boost a post or your account on Facebook or Instagram, you would have to run it as an ad — one that’s clearly labeled as such to users, as either an ad, sponsored, or “paid content.” (Instagram has long had a problem with creators posting unlabeled sponcon, but that wasn’t by design; users were essentially breaking the platform’s rules.)
Now, Instagram and Facebook are actually building in the ability for people to pay for eyeballs, without marking that promotion as advertising.
“The notion that you’re going to pay some subscription fee and then you’ll feature more prominently in the algorithm — there’s a name for that: It’s advertising,” said Jason Goldman, a former VP of product at Twitter from 2007 to 2010. “It’s just a different way of pricing it.”
While these subscriptions may help make more money for Instagram and Facebook at a time when its traditional advertising business is struggling, it could also jeopardize its standing with users who don’t want to see more promoted content.
“It’s kind of disappointing to see Instagram start to trend toward that commercial, more money-seeking business,” said Erin Sheehan, a New York City-based lifestyle influencer with over 12,000 followers who goes by the handle @girlmeetsnewyorkcity.
“I kind of wanted to switch over to TikTok and get into that organic market, and I feel like this might even push me that step further,” said Sheehan. “Because if I don’t subscribe, then I may find that my content is even more hidden than it is now.”
TikTok has attracted a new generation of creators, many of whom switched to the platform from older apps like Instagram because they say it’s easier to go viral even if you’re a relative amateur creating what Sheehan referenced as “organic content.” The app currently doesn’t have a premium subscription model, but it’s successfully expanding its advertising business at a time when that of competitors like Meta and Snap have slowed down.
Meta and other social media incumbents like YouTube have been battling TikTok for younger users and creators, with Instagram in particular rolling out new programs to court creators for Reels, its TikTok clone. So it’s imperative that Instagram and Facebook make sure that users aren’t turned off by promoted content from paid subscribers, and that creators keep wanting to share their content on their apps.
Meta told Recode that it’s still focused on surfacing content that people want to see.
“Our intent is to surface content that we think people will enjoy, and that doesn’t change with the increased visibility we offer through Meta Verified,” said Meta spokesperson Paige Cohen, in part, in a statement. “As we test and learn with Meta Verified, we’ll be focused on ensuring we’re enhancing the visibility of subscribers’ content in a way that is most valuable to the ecosystem at large.”
Meta also said that it’s not prioritizing paid content everywhere, for example: Subscribers will get prioritization in Explore and Reels on Instagram but not on the main feed. Reels, however, is a major focus for the company as it competes with TikTok in the short-form video space, so prioritization there is in some ways more important than feed.
It’s still the early days of this developing pay-to-play social media model. But from what we know so far, only a small subset of users may be willing to pay. It’s not a perfect comparison because it’s a different platform with a distinct audience, but Twitter reportedly only has 0.2 percent of its total user base paying for Twitter Blue as of mid-January. (The service launched in November.)
Meta may have a better chance of finding more customers for its verified program because of its sheer scale (Meta has over 10 times the number of users as Twitter), the fact that it has more influencers who run real businesses on the platform, and that it’s rolling this out in a more measured way than Twitter did.
But there are major risks to this pay-to-play model. Whether it’s normies posting pictures of their dogs and babies or professional influencers building their followings and careers, social media networks are built on their users. Creating tiers of those users could turn off some people from sharing at all. At a time when many young people are turning away from social media, by either logging off completely or seeking alternative apps that feel more authentic and less commercial, Meta could be pushing away the users it needs the most to stay relevant in the future.
Sandra Hunke, a plumber who is one of the most popular craft influencers in Germany with 120,000 Instagram followers and now also works part-time as a model, poses for a photo in her workshop in North Rhine-Westphalia. | Friso Gentsch/picture alliance via Getty Images
You used to pay for social media with your eyeballs. Now Meta and Twitter want your money, too.
“If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media.
The saying implies that you, the user, aren’t paying for apps like Instagram and Twitter because you’re giving away something else: your attention (and sometimes your content), which is sold to advertisers.
But now, this free model of social media — subsidized by advertising — is under pressure. Social media companies can’t make as much money off their free users as they used to. A weaker advertising market, privacy restrictions imposed by Apple that make it harder to track users and their preferences, and the perpetual threat of regulation have made it harder for social media apps to sell ads.
Which is why we’re seeing the beginnings of what might be a new era of social media: pay-to-play.
On Sunday, Meta became the latest and largest major social media company to announce a paid version of its products with the “Meta Verified” program. Facebook and Instagram will each charge users $12 a month for a blue verification badge, more protection against account impersonation, access to “a real person” in customer support to help with common account issues, and — most importantly — ”increased reach and visibility.” That means users who pay will have their content shown more in search, comments, and recommendations. The company is testing the feature in Australia and New Zealand this week and said it will be rolled out in the US and other countries soon.
Meta’s news comes a few months after Twitter released an $8-a-month paid verification program as part of new owner Elon Musk’s revamped Twitter Blue product. While Meta is notorious for cloning its competitors, its subscription offering isn’t just another case of copycatting. It’s part of an industry-wide trend. In recent years, Snap, YouTube, and Discord have introduced or expanded premium products that charge users for special perks. Snap gives subscribers early access to new features, YouTube serves them fewer ads, and Discord provides more customization options for people’s chat channels.
Now, Meta — which owns the largest social media apps in the world — is validating the trend of a two-tiered user system in social media. In this system, only paid users will receive services that you might otherwise expect for free, like proactive protection from fraudsters who try to impersonate you, and a direct line of contact to customer support when you’re having technical difficulties. Meta says it’s still offering some level of basic support to free users, but beyond that, it needs to charge to cover the cost.
But the most newsworthy part of Meta’s paid verification plan is not about how users who pay will get verified, or receive better customer support — but about how they’ll also get more visibility on Facebook and Instagram.
In the past, in theory, everyone had the same opportunity to be seen on social media. Now, if you pay $12 a month on Meta Verified, you have better odds of other people finding your account and posts — because Meta’s apps will uprank your content over that of other non-paying users. It’s a system that creators who run professional businesses on Instagram and Facebook might find attractive but could also jeopardize the quality of users’ experience if it’s not executed carefully.
With this new program, Meta is effectively blurring the line between advertising and organic content more than ever before. And with many users already complaining that Instagram can feel like a virtual shopping mall, full of creators plugging their own content and products, it’s hard to imagine that people will enjoy an even more commercialized experience.
We don’t yet know the full effects of what Meta Verified will be on the Facebook ecosystem. But it’s clear that, moving forward, if you want to be fully seen, trusted, and taken care of on Facebook, Instagram, Twitter, and other platforms engaging in a premium model, you’ll need to pay up.
Security and support is now a luxury, not a given
If someone steals your credit card and impersonates you, you expect the bank to protect you. If you go to the supermarket and buy spoiled milk, you expect the cashier will give you a refund. Consumers expect a basic level of customer service from businesses.
So it’s understandable why some users are reacting to Meta’s news by arguing that basic services like customer support and account security should be free.
“This really should just be part of the core product, the user should not have to pay for this,” commented one user on Mark Zuckerberg’s Facebook page after the announcement, to which Zuckerberg responded saying that Facebook will still provide some basic support to everyone — but that checking people’s government IDs to verify them and providing on-call customer service is expensive, and Meta needs to charge to cover the cost.
Social media’s customer support and security offerings have always been somewhat broken and unreliable. Apps like Facebook — which serves 2 billion people a day, for free — have never effectively scaled basic programs like customer helplines to assist people who are locked out of their accounts, and verification has always been selective. Often, the users who receive personal attention are VIPs like government officials, celebrities, media figures, or people who happened to know someone who worked at the company.
So while it may seem like Facebook is charging for something it used to do for free, it’s actually charging for something it never did well.
If you’re an average user, you may not want to pay $24 a month for a blue badge on Facebook and Instagram, but if you run a business on these apps, it’s a different story.
Mae Karwowski, CEO of the social media influencer marketing firm Obviously, said that she could easily see “so many people who run business empires” on social media paying for the Meta Verified package as the “next logical step,” because it could bring them even more business. The influencer industry on social media was worth an estimated $16 billion in 2022, and although TikTok is growing, Instagram is still the most popular influencer marketing platform for brands. Facebook and Instagram are also especially popular with business owners, with over 200 million businesses active on Facebook alone, many of whom run their businesses on the network.
The blue badge is important to creators and business owners, Karwowski said, because “it’s important to some people to have that credibility, or perceived credibility.”
Before Meta announced this paid tier, Karwowski said clients would often ask her for help getting verified on Instagram. You can apply to be verified on Instagram if you make the case that you’re a notable public figure. But since so many people apply, it can take a long time to get your application through.
“Previously, it would have to be like, ‘Oh, like so-and-so’s best friend’s cousin works at Instagram.’ And you find them on LinkedIn and send them a message,” said Karwowski. “There was very little standardization. At least now there’s some process.”
Still, some influencers Recode spoke with said they didn’t see enough value in Meta Verified.
“I don’t have a lot of people that are impersonating me. So that wouldn’t really make it very important to me,” said Oorbee Roy, a skateboarder and mom who goes by the handle @auntyskates. “And the other thing is, I feel like I’m close to getting [verified] on my own.”
What Roy did see as valuable was Instagram’s promise of increased visibility.
“I have content that’s very specific to a niche, and I would love to be able to get to that niche,” she said.
That gets us to our next point, about arguably the most valuable part of Facebook and Instagram’s pay-to-play perks: more attention.
Paying for reach
Before this announcement, if you wanted to boost a post or your account on Facebook or Instagram, you would have to run it as an ad — one that’s clearly labeled as such to users, as either an ad, sponsored, or “paid content.” (Instagram has long had a problem with creators posting unlabeled sponcon, but that wasn’t by design; users were essentially breaking the platform’s rules.)
Now, Instagram and Facebook are actually building in the ability for people to pay for eyeballs, without marking that promotion as advertising.
“The notion that you’re going to pay some subscription fee and then you’ll feature more prominently in the algorithm — there’s a name for that: It’s advertising,” said Jason Goldman, a former VP of product at Twitter from 2007 to 2010. “It’s just a different way of pricing it.”
While these subscriptions may help make more money for Instagram and Facebook at a time when its traditional advertising business is struggling, it could also jeopardize its standing with users who don’t want to see more promoted content.
“It’s kind of disappointing to see Instagram start to trend toward that commercial, more money-seeking business,” said Erin Sheehan, a New York City-based lifestyle influencer with over 12,000 followers who goes by the handle @girlmeetsnewyorkcity.
“I kind of wanted to switch over to TikTok and get into that organic market, and I feel like this might even push me that step further,” said Sheehan. “Because if I don’t subscribe, then I may find that my content is even more hidden than it is now.”
TikTok has attracted a new generation of creators, many of whom switched to the platform from older apps like Instagram because they say it’s easier to go viral even if you’re a relative amateur creating what Sheehan referenced as “organic content.” The app currently doesn’t have a premium subscription model, but it’s successfully expanding its advertising business at a time when that of competitors like Meta and Snap have slowed down.
Meta and other social media incumbents like YouTube have been battling TikTok for younger users and creators, with Instagram in particular rolling out new programs to court creators for Reels, its TikTok clone. So it’s imperative that Instagram and Facebook make sure that users aren’t turned off by promoted content from paid subscribers, and that creators keep wanting to share their content on their apps.
Meta told Recode that it’s still focused on surfacing content that people want to see.
“Our intent is to surface content that we think people will enjoy, and that doesn’t change with the increased visibility we offer through Meta Verified,” said Meta spokesperson Paige Cohen, in part, in a statement. “As we test and learn with Meta Verified, we’ll be focused on ensuring we’re enhancing the visibility of subscribers’ content in a way that is most valuable to the ecosystem at large.”
Meta also said that it’s not prioritizing paid content everywhere, for example: Subscribers will get prioritization in Explore and Reels on Instagram but not on the main feed. Reels, however, is a major focus for the company as it competes with TikTok in the short-form video space, so prioritization there is in some ways more important than feed.
It’s still the early days of this developing pay-to-play social media model. But from what we know so far, only a small subset of users may be willing to pay. It’s not a perfect comparison because it’s a different platform with a distinct audience, but Twitter reportedly only has 0.2 percent of its total user base paying for Twitter Blue as of mid-January. (The service launched in November.)
Meta may have a better chance of finding more customers for its verified program because of its sheer scale (Meta has over 10 times the number of users as Twitter), the fact that it has more influencers who run real businesses on the platform, and that it’s rolling this out in a more measured way than Twitter did.
But there are major risks to this pay-to-play model. Whether it’s normies posting pictures of their dogs and babies or professional influencers building their followings and careers, social media networks are built on their users. Creating tiers of those users could turn off some people from sharing at all. At a time when many young people are turning away from social media, by either logging off completely or seeking alternative apps that feel more authentic and less commercial, Meta could be pushing away the users it needs the most to stay relevant in the future.
Roger C. Schank, Theorist of Artificial Intelligence, Dies at 76
He combined linguistics, cognitive science and computing with the goal of “trying to understand the nature of the human mind.”
He combined linguistics, cognitive science and computing with the goal of “trying to understand the nature of the human mind.”
Twitter to open source its algorithm next week
“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol” With advertisers flocking back to Twitter and Tesla’s stock more than doubled its price since January, Elon Musk seems to be having fun on
“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol” With advertisers flocking back to Twitter and Tesla’s stock more than doubled its price since January, Elon Musk seems to be having fun on […]
Values of European unicorns plunge amid sharp fall in public markets
A rough year in public markets has taken a heavy toll on startups. According to new research, every unicorn in Europe that went public in 2021 has since shrunk in valuation. The losses follow record-highs for VC exit valuations in 2021. PitchBook, a financial data firm, attributed the downturn to a shrinking public market. The company found that 13 unicorns went public during 2021’s bull market and IPO frenzy. Yet none have gone on to have positive share price returns. Their numbers paint a gloomy picture. By the end of 2022, more than half of them had lost over 75% of their…This story continues at The Next Web
A rough year in public markets has taken a heavy toll on startups. According to new research, every unicorn in Europe that went public in 2021 has since shrunk in valuation. The losses follow record-highs for VC exit valuations in 2021. PitchBook, a financial data firm, attributed the downturn to a shrinking public market. The company found that 13 unicorns went public during 2021’s bull market and IPO frenzy. Yet none have gone on to have positive share price returns. Their numbers paint a gloomy picture. By the end of 2022, more than half of them had lost over 75% of their…
This story continues at The Next Web
Securing Your Brand Against Cyberthreats: The Benefits of Implementing VPNs
With the increasing prevalence of cybercrime, it’s becoming increasingly vital for companies to safeguard their reputations by using VPNs. As cyber criminals are becoming more sophisticated in their methods and targeting a wide range of entities, from individuals and governments to non-profit organizations and small and large businesses, taking proactive steps like implementing VPNs is
The post Securing Your Brand Against Cyberthreats: The Benefits of Implementing VPNs appeared first on ReadWrite.
With the increasing prevalence of cybercrime, it’s becoming increasingly vital for companies to safeguard their reputations by using VPNs.
As cyber criminals are becoming more sophisticated in their methods and targeting a wide range of entities, from individuals and governments to non-profit organizations and small and large businesses, taking proactive steps like implementing VPNs is crucial to protect your brand from these dangerous threats.
Understanding the Benefits of VPNs
VPNs are ideal for remote work setups and play a crucial role for businesses in today’s digital landscape. Now that you’re familiar with what a VPN is, let’s dive deeper into why having one might benefit you.
Improved Security
Not only do they allow for easy access to company resources, but they also safeguard sensitive information, ensuring that it remains private and secure. Additionally, implementing a VPN can give a business a competitive edge by protecting against cyber threats such as malware, phishing attacks, and data breaches. These added security measures can save a company both financially and reputation-wise.
Cost Saving
A study found that over a whopping 60% of companies have experienced cyber attacks such as DDoS attacks, phishing, and social engineering attacks. From a financial standpoint, implementing a VPN can be a wise decision for startups and big companies.
Not only does it allow for remote work, thereby reducing the cost of office space and other expenses, but it also helps lower IT costs by eliminating the need for expensive hardware and software. This is especially beneficial for small to medium-sized businesses with limited budgets.
Compliance
VPNs play a crucial role in safeguarding sensitive data and adhering to industry regulations. By providing secure data transmission and storage, companies can avoid costly fines and penalties for non-compliance. Moreover, VPNs aid in compliance with data privacy regulations such as General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).
Increased Productivity
The use of VPNs in the workplace can have a significant impact on productivity. With a VPN, employees have the ability to access important company resources and collaborate with team members from any location.
This flexibility allows for a more efficient and dynamic work environment, especially for companies with remote or mobile workers or those with multiple locations.
VPNs can provide a multitude of advantages for businesses, including improved security, increased productivity, and flexibility for remote employees, helping them stay ahead in today’s digital age.
Implementing VPNs in the Workplace
With the rise of telecommuting and remote work, implementing a VPN can be a crucial step in protecting a company’s sensitive data and maintaining productivity. Here are a few things organizations need to know before implementing VPN in the workplace.
Benefits of Implementing VPNs in the Workplace
The primary advantage of implementing VPNs is the enhancement of security, achieved through the use of encryption which prevents hacking or malicious intent from intercepting data and communication.
This guarantees the safe transmission of sensitive company information and data over public networks. Furthermore, VPNs can secure remote access to company resources, enabling remote work while preserving the same level of security as on-site work.
A recent study found that a significant portion of individuals, roughly 30%, utilize VPNs for personal purposes, while a sizable minority, around 25%, utilize them solely for business purposes.
VPNs also enhance collaboration by enabling employees to access company resources and communicate with their colleagues from any location at any time, which facilitates teamwork and easy sharing of information, regardless of the employees’ geographical location.
This is particularly advantageous for companies that have multiple office locations or employees who travel frequently.
Drawbacks of Implementing VPNs in the Workplace
A significant disadvantage of using VPNs is the financial aspect. Both the setup and maintenance of a VPN can be costly, particularly for small businesses or organizations with limited resources.
Furthermore, employees may have to buy their own VPN software or hardware, which can increase the overall expense. Another issue with VPNs is the possibility of decreased network speed and functionality.
VPNs can slow down network traffic, making it challenging for employees to access important files or applications, particularly for those working remotely or in areas with poor internet connectivity.
Before implementing VPNs, organizations should be aware of the potential drawbacks, despite the many benefits they can offer.
Choosing and Implementing a VPN
When it comes to selecting and setting up a VPN, it’s crucial to assess your unique requirements, explore providers that offer either a trial period or a refund policy, and then proceed to download, install, and create an account with the chosen software.
Additionally, it’s essential to ensure the software is always updated to guarantee maximum security. With thoughtful research and preparation, a VPN can offer an extra layer of protection and privacy when accessing sensitive information online.
The Bottom Line
It’s crucial to have VPNs set up in the office to safeguard your company’s reputation and confidential information from online dangers. This includes securing data, preserving employee privacy, and maintaining network safety. Not only that, but VPNs make telecommuting possible and are a worthwhile investment for any business that wants to stay ahead in the cyber security game.
Featured Image Credit: Provided by the Author; Unsplash; Thank you!
The post Securing Your Brand Against Cyberthreats: The Benefits of Implementing VPNs appeared first on ReadWrite.
Microsoft defends $69bn Activision deal
Opponents, including Sony, challenged the proposal at an EU hearing held behind closed doors.
Opponents, including Sony, challenged the proposal at an EU hearing held behind closed doors.
Will Aaron Judge Hit 62 Home Runs Again? ‘You Never Know.’
In his first year as the Yankees’ captain, Judge hopes to win a World Series but isn’t ruling out another record-setting season. History suggests that would be tough.
In his first year as the Yankees’ captain, Judge hopes to win a World Series but isn’t ruling out another record-setting season. History suggests that would be tough.