Protecting Your Assets with MyMediabox

When you’re considering cloud-based software for your own company’s software license management, including Contracts/Royalty Management, Digital Asset and Style Guide Delivery, Product Approvals Workflows, and Security Management needs, it’s an exciting process. You’re changing how your business does business.

The potential to achieve meaningful cost savings, improve visibility into license usage, and significantly increase productivity is within reach. 

However, it can be a scary proposition to outsource the housing of your brand’s data, assets, and software licensing and security to a 3rd-party provider.

  • What if the vendor suddenly goes out of business?
  • What if the vendor’s software, infrastructure, or secure software licensing is not safe and reliable?
  • What if they cannot pay their bills or support software protection?

Selecting the right product and vendor can mean the difference between improved productivity and disaster.

Strong financial resources allow a SaaS vendor to invest in licensing software, infrastructure, and developers required to support and protect consumer brands. 

On the other hand, if a SaaS vendor is in a weak financial position, such as the business operating paycheck-to-paycheck, it can have an adverse impact on the level of investment they make in software protection for your valuable brand. So, what can you do to protect your brands?

Evaluate software license security risks by asking prospective vendors questions like these:

  1. In which countries will my data and licensed brand assets be stored?
  2. Does the SaaS vendor develop and maintain its licensing software “in-house” or do they outsource to other countries?
  3. Does the SaaS vendor own the hardware/software that provides this specialized service, or do they “rent” space on 3rd-party managed hardware/cloud service?
  4. Are the SaaS vendor’s data centers SSAE 16 compliant?
  5. Is the Saas vendor’s software solution fully managed directly by their IT team?
  6. Does the SaaS vendor have an InfoSec Officer and an Information Security Policy governing secure software licensing?

Answers to these questions and others will help you to determine whether the SaaS vendor you’re considering is a safe bet or a high risk when it comes to software licensing and security.

If you’re interested in a live demo for you and your team to see our solutions in action, let’s set up a time to chat.