Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Cybersecurity leaders already know the importance of a data loss prevention (DLP) solution. They also know DLP has its limits. As cloud applications have grown more common, they’ve introduced gaps in the DLP shield. SaaS apps present new opportunities for data leakage, accidental sharing, and insider threats. To plug those gaps, you need a cloud access security broker (CASB).

In this increasingly cloud-first world, data protection is more important than ever. With so many organizations relying on cloud applications to get work done, keeping sensitive information secure is a top priority. But balancing convenient access with strong security measures is no easy feat. In fact, only a small fraction of security leaders feel truly confident in their current data security measures. Lookout recently surveyed 100 executives to get their take on data security in the cloud.

In the past, organizations could control how, when, and where their employees accessed sensitive data. Now, in the age of hybrid and remote work, employees can connect to company networks from any location over nearly any device. Safeguarding data while granting employees the access they need is a delicate balance. That’s where zero trust remote access solutions come into play.

Not every cybersecurity threat originates outside of the organization. External threats tend to receive more attention, but an IBM report shows that a breach caused by an insider threat can carry an even higher cost. In fact, malicious insider attacks cost an average of $4.99 million despite accounting for just 7% of breaches. That makes them the most expensive breach vector in the report.

Most modern organizations run on SaaS applications, and many use them to store sensitive data. The global SaaS market reached a total value of $206 billion in 2023, and is expected to climb to $247 billion by the end of 2024. Organizations must employ a complex system of practices to keep their SaaS apps secure and their data safe. Because SaaS apps are delivered through the cloud, they must be managed and secured differently than other types of software.

Think about how many employees work at your organization. Now think about how many sensitive files each one can access. A single compromised user account could lead to an extortion scam, a ransomware attack, or even a data breach. If you haven’t reviewed your account takeover protection protocols in a while, now is the time. Account takeover (ATO) protection is not a single countermeasure, but rather a whole set of cybersecurity measures.

In an economy where securing data can mean the difference between success and failure, implementing proven data exfiltration prevention strategies is more critical than ever. According to a study conducted by IBM, a data breach can cost global organizations an average of nearly $5 million per incident. In addition to the financial ramifications, data theft can lead to lower customer trust, a loss of future revenue, and even potential lawsuits.

The momentous rise of AI continues, and more and more customers are demanding concrete results from these early implementations. The time has come for tech companies to prove what AI can do beyond adding conversational chat agents to website sidebars. Fortunately, it’s easy to see how cloud data protection has already benefited from advancements in AI and ML. Headline-grabbing large-language models are also making protecting data in the cloud easier to manage across organizations. ‍

Your organization’s most vulnerable points of attack are no longer desktops — they’re in the pockets of your employees. Virtually everyone has a mobile device. And, even on the job, we use them for a multitude of tasks. As a result, our devices are packed with critical information, making them rich targets for cybercrime. That crime comes at a high cost.

Cybersecurity methods are usually focused on protecting an organization from external risk factors, but insider attacks can be just as dangerous and costly as those that originate outside an organization. In fact, insider threats pose serious security risks because they typically involve individuals with authorized access to the organization’s systems, data, or networks.