In the last few years, technology has continued to surge ahead, with many of these new developments taking cybersecurity to new heights. Unfortunately, the same technologies are being used by a growing number of hackers intent on monetizing your personal and professional data. This comes in the form of targeting both traditional and non-traditional devices such as edge devices and virtual cities.
The emergence of remote and hybrid work opportunities serves as one of the biggest lasting changes the COVID-19 pandemic has brought to our lives. This popular option saves money for both the employer and the employee while helping many workers find the work-life balance they were looking for. Unfortunately, working from home has also brought with it a host of technological conundrums, particularly when it comes to cybersecurity.
In most cases, technological developments are worth celebrating. Over the past five years alone, our technology strategies have become more efficient and integrated than ever before. Unfortunately, the same advancements that are used to develop a streamlined IT infrastructure are also used by data miners, malware, and viruses.
A recent WEI study says that 64% of IT leaders cite improved data security for their organization as their top objective over the next 12 months. And for good reason. As technology continues to evolve, it’s not a matter of if an enterprise will have a ransomware attack but when it will happen. With technological advances, it’s not just enterprises that benefit — cyber criminals do as well.
Security concerns are constant for every enterprise. More employees working from home (or anywhere, really) and other factors leads to network complexity and growth in the cost of data breaches. This also impacts how much organizations are expected to spend on cybersecurity prevention. It is anticipated that companies will increase cybersecurity spending by 26% over the next five years. Luckily, there are advanced solutions such as Extended Detection and Response (XDR) that can help automate threat detection and save time and effort on staying cyber secure. In this article, we cover what XDR is and why it should be included in your future cybersecurity goals.
As enterprises look into the future of a post-pandemic environment, many CIOs recognize the need for a better strategy that supports a remote and hybrid workforce. While many switched to a work-from-home model as a response to the pandemic, more than 50% of employees want to continue working from home permanently.
Unfortunately, as technology evolves, it’s not just the enterprise that benefits from the latest and greatest tools – so do the criminals who use them to attack businesses. With enterprises pushing forward with digital-first initiatives, it’s a matter of when, not if, they will be faced with a cybersecurity threat. Because of this assumed risk, it is no longer enough to just have the right technology in place; it’s imperative for your enterprise to have a cybersecurity strategy to prevent, detect, and overcome a ransomware attack.
