Human error isn't a rare occurrence. In 2017 Amazon experienced an outage of its S3 servers due to a typo by an Amazon employee. Also in 2017, a British Airways engineer caused a data center outage resulting in the cancellation of 400+ flights. The Uptime Institute claims that 70% of data center outages are caused by human error. In fact, it has become the leading cause of data breaches for companies worldwide. While human error is the most common culprit of data center downtime, it's also the most preventable.
There has been a steady increase in cyber attacks by malicious actors over the past several years as businesses increasingly conduct their activities online. Impacted businesses can experience severe and long-lasting consequences. In addition to a loss of reputation, these businesses may also experience a significant financial loss as a result of measures implemented to contain and manage the data breach. Businesses impacted by a data breach may also be subject to litigation by individuals whose personal information may have been compromised. In 2018, the average cost of a data breach was $3.86 million, up from $3.62 million in 2017, a 6.4 percent increase.
The shift to the cloud has brought about several solutions that make doing business easier. Whether it be cost savings, added flexibility or ease of use, companies are offloading workflows to the cloud and maintaining a competitive advantage. Companies are also using the cloud for computing purposes to protect against cyber-attacks, like ransomware. Watch this On-Demand webinar on Ransomware Preparedness and Recovery.
Without a doubt, cloud-based technology is changing the way the modern business world operates. As this technology grows and evolves, small to medium sized businesses (SMBs) are reaping the benefits.
Ransomware is an ever-growing problem, affecting thousands of businesses every day. According to the Kaspersky Security Bulletin, a firm is hit with Ransomware every 40 seconds. Even when you think you may have outsmarted an attacker, new variants of ransomware and tactics to attack arise and lock your files away for ransom. Because of this, ransomware is not likely to see a downward trend anytime soon; with more attacks imminent, how can you avoid exposure?
Topics: Cyber Threats
The number of 'as a service' platforms has increased rapidly in recent years, after starting with the basics, like Software as a Service and Platform as a Service. With this trend, saying 'Anything as a Service' doesn't seem to be an understatement. Hidden in this long list of 'aaS' providers are many services you can use to keep your business more competitive. What's so great about so many "as a service" programs is you're able to access various business functions through the cloud 24x7.
Topics: Desktop as a Service
Speed is always growing more important in today's world; people want things fast. Fast food, fast cars, and possibly most of all, fast internet. Waiting for anything can feel like a death sentence, but for businesses, latency can be a major competitive disadvantage. In the tech world, solutions have worked to make business processes quicker and quicker, but this need for speed seems to have left the underlying network behind. The evolution of computing has caused a disruption in traditional network capabilities. As a result, businesses now seek solutions to network latency; SD-WAN is an example. In addition to improved performance reliability, SD-WAN offers businesses some benefits that will have your executives making the switch.
Cyberattacks are common place these days with an ever-expanding Internet of things. It is important to be aware of the potential for attack and to be prepared in the event that an attack on your systems or data does occur. The biggest trend in cybersecurity right now is that IT professionals and leaders are losing control of their technologies. Cybersecurity needs to be at the forefront of any businesses mind today, and oftentimes it is not and attacks occur. Let's take a look at the constantly evolving threat of cyber attack and look at some ways that you can secure yourself.