The latest News and Information on Data Security including privacy, protection, and encryption.
Lateral movement refers to the techniques that a cyber attacker uses. Once getting access to a corporate network, the attackers don’t stop there. They move around throughout the entire network, owning more computers and user accounts while exfiltrating data at the same time. They escalate their privileges to gain access to higher permissions and eventually access more confidential, critical and sensitive data.
In the context of hybrid work, the threat of data loss is rampant. Cybersecurity systems that were once designed to operate within the confines of a network perimeter have become obsolete, with employees using various devices, networks, and applications to get their work done. As such, it’s easier than ever for companies to be vulnerable to the loss of sensitive data. So, what’s the solution? Recently, Digital Guardian published The Definitive Guide to DLP: 2021 Hybrid Work Edition.
Many organizations are already cashing in on the promise of big data, hailed as the world’s most valuable resource. However, this crude resource requires refining in the form of data hygiene. Data errors and inconsistencies cost companies millions of dollars a year. Businesses that aren’t able to implement the tools, strategies, and training required often find big data to be more of an obstacle than an advantage.
Ransomware and other cyber attacks are getting more expensive every year. IBM’s recent report found that the average cost of a breach increased 2.6% from $4.24 million in 2021 to $4.35 million in 2022 — and the year isn’t over yet. Too often, data breaches are the result of routine lapses.
More companies are switching from on-premises systems to public cloud services, ensuring long-term growth and digital resilience. But as their implementations grow, they begin to realize that their exposure to cyberattacks and other risks grows as well. Cybersecurity is an essential practice for successful businesses. Adapting to business growth is a good problem to have, but without an eye on cloud security, that growth could cost you in the long run.
