Security incidents are increasing with each passing day. Some of the recent incidents have impacted globally and resulted in catastrophic damages to organizations. The interlinked and complex information technology infrastructure, on which the whole world relies, provides ample space and opportunities for incidents to escalate into disaster. An effective and planned response to incidents can become the reason for company’s existence after an incident occurs.

IT security breaches have become a norm of the day at innumerable organizations around the world. Most of the attacks indicate that the enterprises should highly focus on their mitigation capabilities, incident detection, and investigation processes. Preventing highly sophisticated cyber attacks is a daunting task unless companies have the capability to detect and then respond quickly.

In 2017, ransomware attacks clearly dominated the cybersecurity landscape. WannaCry, Petya, Not Petya, Adylkuzz, Bad Rabbit, Cerber, etc. are just a few names that did the rounds in the last year. Lucrative payments is one of the most prominent reasons which has lured in many attackers to launch multiple ransomware campaigns in the last couple of decades. Though we are yet to see a major ransomware attack this year, activities of cyberspace are unpredictable.

Recently the Economist published two articles that discussed the increasing use of AI and employee monitoring in the workplace. Veriato is pleased that we were referenced in both of these articles. We feel they did a good job of presenting a balanced view of the benefits both AI and employee monitoring offer, as well as the potential downsides if they are not implemented and used wisely.

The amount of private content being collected, shared, and stored is growing at an alarming rate. It’s no surprise that the means to classify, share and control what matters is fast-becoming business’ biggest challenge. The traditional method of stacking file servers doesn’t scale or support the collaboration necessary to stay competitive.