Over 72 percent of Indian citizens think their personal data has been compromised, according to a recent article in Business Today. They blame a variety of organizations and institutions, which is understandable. Now imagine your organization is the one to blame. Could your company survive this type of hit to its reputation? Would it be able to retain customers who no longer trust you to keep their sensitive information secure?
There is an entertaining commercial running on television that features the “Holdover” family. This family is happily “set in their ways” and unwilling to change with the times. They still embrace wood paneling, TV antennas, newspapers, magazines, VHS tapes, corded landline rotary phones, and the like while being averse to any changes that might make their life better.
Cloud computing has become ubiquitous in modern business, enabling organizations to store and access data and applications from anywhere. However, as the use of cloud services continues growing, so do the challenges that come with it. According to the 2023 Flexera State of the Cloud Report, security, spending, and expertise are among the top concerns for organizations leveraging cloud services.
Ransomware attacks do not simply start and end with a locked computer screen and a ransom note. They unravel as intricate narratives, leaving a trail of financial wreckage, operational interruptions, and reputational damage in their wake. These attacks bear significant costs. In 2022, the average cost of a ransomware attack was a whopping $4.54 million, per IBM Security and the Ponemon Institute. And that does not include the actual ransom payment itself.
With on average, 30,000 websites being hacked daily the need for stout cybersecurity measures has become more critical than ever. In today’s connected business landscape, as data flows effortlessly between networks and the digital realm, the need for a comprehensive cybersecurity strategy is underscored by the fundamental importance of a managed firewall.