In this digital era, more companies are encouraging or requiring employees to work from home. In addition to allowing employees to access the corporate network using their own devices, they are also turning to cloud computing, which is cost-effective and scales easily. However, not all of these organizations are prepared for the associated cloud security threats. Cloud providers often offer some protection capabilities, but their responsibility is primarily to ensure service availability.
The second most common type of malware incident is the notorious ransomware attack. According to the Verizon 2020 Data Breach Investigations report, the primary aim of a ransomware attack is “to disrupt operations badly enough and long enough that the organization will pay the ransom.” The average ransom payment in Q2 2020 was a whopping $178,254 — a 60% increase from Q1.
Data classification is a vital component of any information security and compliance program, especially if your organization stores large volumes of data. It provides a solid foundation for your data security strategy by helping you understand where you store sensitive and regulated data, both on premises and in the cloud. Moreover, data classification improves user productivity and decision-making, and reduces storage and maintenance costs by enabling you to eliminate unneeded data.
Cloud storage has become mainstream. It is one of the fastest-growing segments of IT spending and an indispensable tool for many modern businesses. However, not enough is being done to secure data residing in the cloud. According to Gartner, 90% of organizations that fail to control public cloud use will share information inadvertently or inappropriately through 2025. Almost all cloud security failures will be due to the cloud customer, not the service provider.
Cloud computing provides undeniable benefits for storing and accessing electronic health records. Files stored in the cloud are accessible anytime and anywhere from any device, which makes it easy to share critical medical information between healthcare workers. But is cloud storage secure enough to store, access and transfer sensitive personal and medical information?
Office 365 HIPAA compliance is a pressing concern for an increasing number of healthcare companies. Microsoft’s robust cloud solution lets providers keep records and communicate with ease — but is it too easy? Can sensitive information really be protected if it’s stored in the cloud? Cloud computing has been making inroads into the healthcare industry for several years.
Risk assessment is an essential component of risk management. It enables you to determine potential hazards that may negatively affect specific projects or result from certain decisions. This article explains how to calculate your cybersecurity risk using the concept of annual loss expectancy: There are two types of risk analysis — quantitative and qualitative: Both forms of risk analysis are valuable tools in risk management.
