Are Virtual Private Networks Worth It in 2023?
Yes, virtual private networks (VPNs) are definitely worth it. In today’s digital age, where online data protection is crucial, the need for VPNs has become increasingly important. In the fourth quarter of 2023 alone, over eight million data records were exposed due to data breaches worldwide.
VPNs play a crucial role in safeguarding online data by encrypting the connection between a device and an online network, making it secure against hackers and malicious actors.
While quality VPN services often come with a subscription fee, the cost is relatively low in comparison to the potential losses incurred from a data breach or cyberattack. According to IBM, the global average cost of a data breach this year can reach up to $4.45 million.
In this article, we will explore why VPNs are worth the investment, how free VPNs stack up against paid ones, and which VPN services are best suited for you and your business.
What Does a VPN Do?
A VPN protects your online traffic by creating a secure and encrypted tunnel through which all your data passes. This effectively conceals your online activities and makes your data indecipherable to malicious third parties.
VPNs safeguard sensitive information like IP addresses, browsing history, DNS queries, downloaded files, and other types of personal data. They also allow you to select an alternate IP address and location, enabling you to access region-blocked websites and content.
Why You Need a VPN for Your Business
VPNs offer a cost-effective solution to ensure that your business data is shielded from cyber threats and hackers. As organizations increasingly rely on the internet for their regular operations, it is crucial to proactively secure internal resources.
Confidential information such as inventories, business strategies, and internal communications are just a few examples of data that can be protected by VPNs. Additionally, VPNs provide an added layer of security for client’s confidential data and secure resources for remote employees accessing the company’s network.
What Is the Downside of Having a VPN?
While using a VPN enhances security, there are some drawbacks to consider. One significant disadvantage is the potential for slower VPN speeds or increased latency due to the encryption process and routing of traffic through VPN servers. However, most quality VPNs only result in a minimal 10-30% decrease in speed.
There is also a risk of free VPNs compromising user data by logging or selling it to third-party entities. Moreover, certain online services and websites may block or restrict access to VPN users.
Free vs. Paid VPNs
| Free VPNs | Paid VPNs |
|---|---|
| No payment information required | Requires a monthly payment |
| Limited security, speed, and features | Heightened security and performance |
| Only offers a handful of servers | Full server network |
Free VPNs provide users with encrypted connections at no cost, while paid VPNs offer enhanced security, performance, and features. Paid VPNs typically have more robust encryption, larger server networks, and better reliability compared to their free counterparts.
Choosing the Best VPN for Your Business Needs
When selecting a VPN service for your business, consider key features such as top-tier security protocols and encryption, an easy-to-use interface, and support for multiple device connections. Here are three VPN providers worth considering:
NordVPN
NordVPN features a plethora of security features, including double VPN servers, encrypted private network Meshnet system, and built-in threat protection. With a vast server network spanning 111 countries, NordVPN offers top-notch security and performance.
Surfshark VPN
Surfshark VPN provides affordable subscription plans, unlimited simultaneous device connections, and additional features like email breach alerts and private search tools. It offers a cost-effective solution for users on a budget.
Proton VPN
Proton VPN’s free version offers unlimited data usage and five server locations. The paid subscription unlocks access to 8,200+ servers across 112 countries, maximum speed, and enhanced privacy protections due to its Swiss jurisdiction.
By selecting a VPN provider that aligns with your business needs and priorities, you can enhance data security and protect sensitive information effectively.