We all enjoy the freedom and the benefits of a digitized world. Digital is dominating our eco-system and there are very few businesses out there without an online presence or cloud connection. While digitization offers a great value for enterprises it also opens up the door to cyber-security risks. It's crucial for every company to understand how to protect their assets and data from any kind of (virtual) intruder.
Did you know? Massive data fraud and theft and cyber-attacks were ranked fourth and fifth respectively by the World Economic Forum’s (WEF) Global Risk Report of 2019. Cyber-threats have been prevalent on the internet for decades now. The three most active cyber-threat categories worldwide are currently ransomware, phishing, and endpoint attacks.
Phishing attacks are hard to detect. They often appear to be everyday emails from known and trusted sources, but they trick users into installing malware on their devices, giving hackers access to their victims’ workstations to steal confidential user data.
We've all been there – receiving fraudulent email notifications asking for money or asking for our online banking passwords.
But guess what, although we have been trained on the danger of opening suspicious emails and not clicking on questionable links there are many other dangers hiding in the dark. In addition, criminals are evolving their tactics as well. Following a recent report of Avanan one out of 99 branded emails is a phishing note backed up with information from social media and copying renowned brands.
While the cloud has introduced new efficiencies and capabilities to the enterprise, the latest 'Cloud Security Threat Report' (CSTR) reveals that too many companies are not confronting the security risks that cloud adoption has introduced, including an increased risk of data breaches. Investment in cloud cyber-security platforms that leverage automation and AI to supplement visibility and overtaxed human resources is a clear way to automate defenses and enforce data governance principles.