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Cheap vs Quality in Cybersecurity
cyber security service

Cheap vs Quality in Cybersecurity: Why Cutting Costs Can Cost You More

When budgets get tight, cybersecurity is often one of the first things to get trimmed. It’s easy to wonder — do we really need that expensive security suite, or can we get by with something cheaper? This dilemma, often framed as a choice between cheap vs quality in cybersecurity, hits especially hard for startups and small businesses trying to make every dollar count.   But here’s the catch: the real price of cutting corners on cybersecurity doesn’t show up right away—and it definitely doesn’t come with a warning label. It shows up later, often when it’s too late, in the form of data breaches, legal fines, lost customer trust, and a blow to your brand’s reputation that can take years to rebuild.   In this post, we’re diving into why going for the cheapest cybersecurity option can end up being the most expensive mistake. We’ll uncover the risks that come with low-budget security tools, explore the debate of cheap vs quality in cybersecurity, highlight where quality matters most, and share practical ways to strengthen your defenses without blowing up your budget. Why Cybersecurity Isn’t the Place to Cut Corners Let’s look at the numbers. According to IBM’s 2023 Cost of a Data Breach Report, the average global cost of a breach hit $4.45 million. And small to mid-sized businesses, they make up more than 43% of attack victims, but have the hardest time bouncing back. What’s driving those sky-high costs? It’s not just the ransom demand. It’s the data loss, the operational downtime, the legal and compliance penalties, and the lasting damage to customer trust. So, when deciding where to save money, the better question isn’t can we afford good cybersecurity? It’s can we afford the risk of not having it? Cheap Cybersecurity: What You Really Get 1. Automated-Only Scans Low-budget cybersecurity services often rely exclusively on automated vulnerability scans. While these tools are valuable for quickly spotting known issues, they fall short when it comes to detecting sophisticated, emerging threats. Automated systems can’t “think outside the box” like a skilled human tester, and as a result, they often miss vulnerabilities unique to your specific systems and technology stack. Example: A 2023 report by the Ponemon Institute found that automated scans alone failed to catch about 17% of critical vulnerabilities detected by human-led penetration tests. That 17% can include the very backdoors hackers love to exploit. 2. Inexperienced or Uncertified Testers If the price seems too good to be true, it likely is. Many discount cybersecurity firms cut costs by hiring entry-level staff or freelancers without industry certifications like CISSP, CEH, or OSCP. These certifications matter; they reflect not only technical knowledge but also a deep understanding of evolving threats and best practices. Without certified professionals, your cybersecurity might be in the hands of someone still learning the ropes, rather than an expert who’s seen and anticipated real-world attacks before. 3. One-Size-Fits-All Approach Many budget security services employ a generic, templated approach rather than tailoring solutions to your business’s actual risks. Security is never “set it and forget it.” Networks, data, and attack surfaces differ between organizations, requiring custom assessment and layered solutions. 4. No Post-Test Support The aftermath of a scan or test often requires expert follow-up to interpret results, address identified vulnerabilities, and strengthen your defenses. Cheap options might leave you with a confusing automated report, no context, and no roadmap. High-quality providers guide you every step of the way, even after the initial assessment, to make sure that flaws are fixed properly. Cheap Tools Often Mean Weak Points When funds are tight, budget cybersecurity software and services might look attractive. But what are you really getting when the price tag is suspiciously low? Consequences Buying the cheapest cybersecurity tool is like locking your doors but leaving the windows wide open. You might feel secure, but attackers are just looking for the weakest link. The debate of cheap vs quality in cybersecurity becomes critical here—skimping on security creates easy access points for cybercriminals hunting for vulnerabilities. The Real-World Risks of Choosing “Cheap” Cybersecurity It can be tempting to choose the lowest-priced software or hire the least expensive security provider. However, these decisions can leave organizations open to a range of risks, some with consequences so severe they threaten the very survival of a business. 1. Data Breaches A data breach occurs when unauthorized individuals gain access to sensitive company or customer data. This can include financial information, personal records, intellectual property, or trade secrets. How “Cheap” Security Fails Low-cost cybersecurity tools often lack the advanced features necessary to combat modern threats. They may miss zero-day vulnerabilities, lack timely patching, or fail to patrol network perimeters effectively. Real-World Example The Target Breach (2013) One of the largest retail data breaches in history began with attackers infiltrating a third-party vendor with weak network defenses. The attackers then accessed Target’s payment system, compromising over 40 million credit and debit card records. While not solely down to cheap technology, investigators found that avoidance of best-practice investments at key stages opened doors to attackers. Target ultimately paid out $18.5 million in settlements—not to mention immense reputational damage. Why Cheap Solutions Are Risky 2. Compliance Penalties Organizations in finance, healthcare, retail, and other sectors must comply with stringent data security regulations like GDPR, HIPAA, and PCI DSS. Failure to do so brings heavy penalties. How “Cheap” Security Misses the Mark Low-budget providers may skip vital compliance checks, fail to offer secure data storage, or not keep up with changing laws. This opens businesses to regulatory scrutiny. Real-World Example British Airways GDPR Fine (2018)  Attackers exploited website vulnerabilities to access the personal data of 500,000 British Airways customers. The airline was fined £20 million under GDPR, with regulators noting that BA had failed to implement basic security measures that could have prevented the attack. Why Compliance Costs Add Up 3. Reputational Damage Your customers trust you to protect their information. Once that trust is broken, it’s hard to regain. Low-end cybersecurity providers often don’t

Cybersecurity Companies in Greece in 2025
Cybersecurity Companies

Top 20 Cybersecurity Companies in Greece in 2025

The nation of Greece has long been celebrated for its magnificent history as well as its rewarding tourism industry. Still, it is now getting recognized in the tech world as a cybersecurity country on the rise. As the EU-driven data compliance initiatives and increasing digital transformation pose their effects, organizations are quite eager to find reliable Cybersecurity Companies in Greece to secure their infrastructures. Let’s take a look at the top 20 cybersecurity companies in Greece in 2025, like Qualysec Technologies, which offer end-to-end protection, innovation in security solutions, and specialized services. List of Top 20 Cybersecurity Companies in Greece 2025 1. Qualysec Technologies An expert cybersecurity service provider in Greece, Qualysec Technologies takes care of its clients’ security through advanced and tailored solutions. They can offer a huge range of expertise, such as comprehensive penetration testing, in-depth vulnerability assessment, and proactive managed security services. The company also offers robust security architectures for unique challenges. Qualysec aims to bring the best of both human expertise and AI-driven tools to help organizations deal with cyber threats and boost their cybersecurity measures. 2. NVISO Greece Their core offerings for their customers are threat detection, incident response, and SOC services that are monitored around the clock. Additionally, they offer red team and purple team simulations for testing and enhancing security postures. Furthermore, NVISO also provides cybersecurity consulting services, which aims to build up infrastructure and be ready for more advanced cyber threats. 3. Logstail Logstail is a company that primarily offers log management and security analytics services. Through various tools it offers, the company offers to capture, track, and measure log data across different systems and application components. Their platform facilitates real-time security event correlation, detection of anomalies, and compliance reporting. 4. Obrela Security Industries For Greece, Obrela offers managed detection and response (MDR) services for its clients. They come up with solutions such as continuous threat monitoring, cyber risk management, and breach simulation exercises. They use AI-driven analytics to give you the prediction of incident anticipation and response. In addition to vulnerability management and advanced threat hunting, they also have services for prominent cybersecurity challenges that are dynamic. 5. IBM Greece IBM Greece has a portfolio of top cybersecurity consulting firms. The consulting service they provide to businesses is their cybersecurity consulting practice, which helps them assess and reduce risk. In Greece, IBM also offers security tools ranging from SIEM (Security Information and Event Management), identity and access management, data protection solutions, as well as endpoint security solutions. 6. Cisco Greece Among the cyber security service provider Cisco Greece offers are the ones needed to secure enterprise networks. They are providing covering services of advanced firewalls, intrusion detection and prevention frameworks, secure access, however, like VPNs and ZT construct. As the second part, they also rolled out the cloud security tools and network to segment in Greece to aid organizations in communication and prevent the spread of threats or attacks. 7. Fortinet Greece Fortinet Greece is capable of providing integrated cybersecurity audit companies for networks, endpoints, and data systems. Next-generation firewalls, secure SD-WAN, endpoint detection response (EDR), and centralized security tools are part of their product ranges. The services are structured to enable businesses in Greece to deal with threats in the hybrid IT environment, from classic on-premises infrastructure to cloud-based systems. 8. Check Point Software Technologies Check Point provides several different cybersecurity services for enterprises and public sector organizations. Greece’s offerings from them include next-generation firewalls, intrusion prevention systems, secure remote access, threat prevention platforms, as well as mobile security solutions. They help organizations to secure their networks, endpoints, cloud environments, and users from sophisticated cyber threats. 9. Mandiant (Google Cloud) Google Cloud provides advanced cybersecurity solutions for small business to businesses and institutions in Greece through Mandiant, a part of its company. As its core services, they offer real-time threat intelligence, an incident response plan and execution, security validation, and a managed detection and response (MDR). Mandiant helps the organization see vulnerabilities, mitigate breaches, and build cyber resilience in the most complex IT environment. 10. AVG Technologies (Avast) They offer antivirus software in Greece and are a subsidiary of Avast. Antivirus protection, anti-malware solutions, internet security, email protection, and performance optimization tools are their services. AVG also offers cloud-based and on-premises cyber risk management solutions that provide businesses with identity protection, ransomware defense, and network security products. 11. Trust-IT Services Greece Digital and cybersecurity services to the public and private sector clients in Greece are offered by Trust-IT Services. Their services also include cybersecurity firms, GDPR support, IT governance, and digital risk assessments. On top of that, they help organizations with a digital transformation roadmap, cloud security planning, and implement safe ICT infrastructures based on the demands of a given sector. 12. Byte Computer S.A. Integrated IT services and focused on cybersecurity are offered to Greek enterprises by the Greek company Byte Computer S.A. Their portfolio for cybersecurity includes threat detection and response, data protection, security architecture design, endpoint security, as well as compliance security audit. In this regard, the company assists the clients in the implementation of secure IT frameworks to protect their digital assets and corporate systems. 13. Space Hellas S.A. They provide integrated IT and telecommunications services, a cybersecurity portfolio of network security, endpoint protection, threat intelligence, and security operations. As a part of their cybersecurity managed services, they help support public and private sector organizations in Greece to prepare for dealing with incidents, firewall configuration, SIEM integration, and vulnerability management. 14. SingularLogic SingularLogic delivers enterprise software and IT integration services. They have data protection, access control, endpoint security, risk assessment, and intrusion detection systems. Additionally, they offer companies in Greece the possibility to assist in complying with such implementations and in developing their secure digital transformation strategy for different business sectors. 15. Performance Technologies S.A. Performance Technologies S.A. provides IT infrastructure and cloud services – in the domain of cybersecurity, there are network protection, encryption, monitoring of the security, detection of threats. They do not

Top 20 Cybersecurity Companies in Greece
cyber security service

Top 20 Cybersecurity Companies in Greece (2025)

Introduction Greece is increasingly becoming a force to be reckoned with as a European cybersecurity power base, supported by growing top talent and foreign investment. With more cyberattacks taking place worldwide, Greek firms are rising to the challenge, providing world-class penetration testing, threat intelligence, managed security, and regulatory compliance solutions. In this extensive list, we identify the Top 20 Cybersecurity Companies in Greece for 2025, starting with Qualysec, the company breaking standard records in penetration testing and cybersecurity assurance.  List of Top Cybersecurity Companies in Greece 1. Qualysec Headquarters: Global HQ India-based Founded: 2020 Specialized in: Penetration Testing, VAPT, Web & Mobile App Security, API Security Test Qualysec ranks at number one on our list because it is the strongest and fastest-growing cybersecurity firm with a Greek-based headquarters for the year 2025. It started in India but has expanded aggressively across Europe with a strategic Athenian operation to cover the EU region. Their fintech, SaaS, e-commerce, and healthcare industry clients have a tremendous amount of trust in their cybersecurity offerings. Qualysec stands out in the way that they implement a hybrid methodology — a combination of human touch and AI-based tools to provide actionable reports that customers adore. Their main services are: With 97% customer retention and ISO/IEC 27001:2022 certification, Qualysec’s Greek market leadership is changing the way companies protect their digital assets. Talk to our Cybersecurity Expert to discuss your specific needs and how we can help your business. Schedule a Call 2. NVISO Greece Head Office: Brussels, Belgium (offices in Athens & Thessaloniki) Established: 2013 Specialized in: Threat Detection, Red Teaming, SOC Services NVISO ranks second on our list due to its leading cybersecurity expert and intelligent investments in Greek cyber experts. The company has a headquarters in Belgium, but its operational base is in Athens, with its operations to be soon based in Thessaloniki. NVISO offers high-impact services that are relied upon by top banks, telecom leaders, and public sector clients. Their participation has been included in the Greek Cybersecurity Challenge and collaboration with universities to make sure they are investing in local skill-building. Their  The main solutions are: Managed SOC services with 24/7 monitoring Advanced threat detection and incident response Red Team and Purple Team simulations Security architecture and compliance consulting With its pool of certified professionals and EU compliance expertise, NVISO continues to be the market leader in Greece’s cybersecurity sector.  3. Hack The Box Headquarters: London, UK (with R&D conducted in Athens) Founded: 2017 Specializing in: Cybersecurity Learning, Ethical Hacking Training Platforms Hack The Box is in the third position, transforming cybersecurity training with gamified, live-hacking labs. Greek entrepreneurs started the business with a significant development footprint in Athens and are providing services to more than 1 million users globally. Their platform is used extensively by Fortune 500 firms and security professionals for ongoing learning and proving their skills.  Some of their key features include: Lifelike team and individual hacking drills Corporate labs for employee upskilling Global certifications (e.g., HTB CPTS) are accepted worldwide Community-based content and capture-the-flag challenges Hack The Box is not only a training site but a worldwide phenomenon fueling the cybersecurity profession, with Greek talent at its core. 4. Obrela Security Industries Headquarters: Athens Founded: 2009 Specialization: Cyber Risk Management-as-a-Service (CRaaS) Obrela is the fourth prescriptive cyber security vendor. Headquartered in Athens, the company provides a better and smarter CRaaS solution that is relied upon by clients from high-risk sectors like energy, finance, and telecom. On an ongoing basis, they provide 24/7 risk management via their proprietary platform that includes real-time analytics, threat intelligence, and automation.  Core services are: Managed Detection and Response (MDR) Cyber Risk-as-a-Service 24/7 Breach simulation and threat modeling AI-powered incident prediction and orchestration Through substantial venture capital funding and European-wide partnerships, Obrela is assisting companies in Greece and globally to stay cyber resilient amidst a constantly changing threat environment. 5. ForAllSecure Headquarters: United States (Greek co-founder: Thanassis Avgerinos) Founded: 2014 Specialization: Autonomous Application Security Testing ForAllSecure stands in the fifth position, utilizing autonomous fuzz testing to discover software vulnerabilities before they become threats. With Greek brilliance coursing through its veins, the organization collaborates hand-in-glove with defense establishments and academia. Mayhem is the company’s lead product that provides real-time security to DevSecOps teams and vulnerability discovery automation within software ecosystems.  Solutions include: Autonomous fuzzing of CI/CD pipelines Unification of static and dynamic analysis Support for multi-language and containerized apps Compliance reporting for secure SDLCs ForAllSecure’s Greek engineering teams and R&D activities keep pushing application security to a worldwide level. 6. Future Headquarters: Zurich, Switzerland (Co-founder: Nikos Karapanos, Greece) Established: 2016 Specialization: Authentication & Zero Trust Security Sixth is Futurae with its second-generation authentication platform, easily able to protect digital identities. The Zurich company, co-founded by Greek entrepreneur Nikos Karapanos, offers frictionless access through passwordless and multi-factor authentication. Futurae solutions are designed for fintechs, insurers, and hospitals that need secure, scalable, and user-friendly security architectures.  Core offerings: One-tap MFA and biometric sign-in Zero Trust integration with business apps Mobile and web SDKs for onboarding securely Risk-based adaptive authentication The company’s SDKs and API-based solutions are picking up pace among Greek businesses who desire to scale frictionless security. 7. Cylera HQ: New York, USA (Greek co-founder: Paul Bakoyiannis) Year of establishment: 2017 Specialization: Healthcare Cybersecurity & IoT Defense Cylera, ranked seventh, is an expert in protecting healthcare networks and hospitals from emerging cyber-attacks. It was founded by Paul Bakoyiannis, and the company is a top organization in the security of European medical IoT devices. Additional scrutiny by EU healthcare watchdogs and regulators is complemented by Cylera’s Greek footprint in the following: Device threat detection and monitoring, and device behavior Risk scoring and network segmentation GDPR, NIS2, and HIPAA compliance AI-powered anomaly detection and alerting As healthcare is digitizing at a pace that continues to accelerate, Cylera’s solution provides patient information and life-saving devices with the protection they need. 8. Malloc HQ: Nicosia & Athens Established: 2020 Area of expertise: Mobile Privacy & Anti-Surveillance Tools Malloc is an eighth-ranked

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Pabitra Kumar Sahoo

Pabitra Kumar Sahoo

COO & Cybersecurity Expert

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Pabitra Kumar Sahoo

Pabitra Kumar Sahoo

COO & Cybersecurity Expert