The surge in cybercrimes against businesses during the COVID-19 pandemic proved how flexible nefarious cyber players are, ready to twist and turn according to a situation to make profits out of a business failure.
According to IBM's 2020 Cost of Data Breach Report, human error causes nearly 25 percent of data breaches, meaning that a negligent employee can become a tangible threat to your business’ invaluable data.
The supply chains of this digital era are long and complex, and any disruptions caused by security threats will have a massive impact on the entire organization.
A modern supply chain consists of people, systems and technologies that enable the delivery of goods and services to end users. However, this dependency on third-party business partners opens doors to many security risks.
Merely mitigating external cybersecurity threats isn’t enough when it comes to fighting cybercrime in today’s ever-evolving threat landscape. Although insider threats can be as devastating and as deadly as their external counterparts, most businesses fail to track and manage insider threats adequately.
Although the technology-driven era we live in has made information sharing and data access very efficient, it has also brought forth a new set of challenges. One of the major challenges businesses face in this day and age is the rising threat to data security.
In 2018, BlueFace predicted that remote work would start competing with office work by 2025. Little did they know that the pandemic would accelerate this process tenfold. Businesses were thrown into the deep end when they had to suddenly switch to a fully remote workforce.
In today’s world, businesses gather, analyze and process large volumes of digital data on an everyday basis. From identifying common customer behavior to creating campaigns that target the right audience, business data plays a critical role in the everyday functioning of a company.
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