The latest News and Information on Data Security including privacy, protection, and encryption.
When businesses think about maintaining cybersecurity, the first thing that comes to mind is often endpoint and network security. However, web application security is becoming increasingly important. There have been numerous high-profile attacks on web applications in recent years; in 2020, for instance, the Twitter accounts of famous people were compromised as part of a bitcoin scam.
It’s no surprise that cloud adoption continues to be a major force impacting organizations today. A 2020 McKinsey survey indicated that many organizations saw several years worth of digital transformation take place in 2020. An IDG survey, which we referenced in our Securing Best of Breed SaaS Applications webinar, suggested that 95% of organizations expect to be partly or fully in the cloud by the end of 2021, with almost half the applications used by their workforce being SaaS or open source.
Historically, processing claims, forms, and legal documents was an expensive and time-consuming affair that took place over fax and mail. DocuSign is one of the oldest companies in the electronic document processing space. Founded in 2004, the company has helped millions of users sign and validate documents online.
Data is the most valuable asset for any business. No matter what industry you are in, it’s critical to take care of your data, whether it is financial reports, healthcare records or a start-up business plan. Despite increased data protection regulation, data breach risks are growing. According to Capita, 80% of data breaches involve personally identifiable information at a cost of $150 per record.
Security teams that work in highly regulated industries or build solutions for consumers must adhere to compliance controls and regimes required for their business. One of the most important compliance requirements for many companies is the SOC 2 audit. The SOC 2 audit provides detailed information and quality assurance about essential security factors such as the confidentiality of data under your organization’s stewardship, privacy controls, and many other standards.
Microsoft Teams, and subsequently Microsoft, likely need no introduction. The popular collaboration tool launched in 2016, providing organizations with a powerful way to communicate and share information within the Microsoft ecosystem. Tools like Teams have only become more important post-COVID with teams being hybrid, decentralized, and distributed.
Data leaks can happen in many ways, and they’re surprisingly common. For example, a company might be hacked by cybercriminals; someone may lose their laptop with sensitive information; employee records could get lost during the relocation process. It doesn’t take much for sensitive information to get into the wrong hands. In fact, research has found that more than half of all data leakages come from human errors like typos and lost files.
