The process of preventing and recovering from cyber-attacks on computer systems, networks, applications, and devices is referred to as cybersecurity. More businesses are turning to online IT cybersecurity to combat dangers like targeted malware, consumer data theft, skills shortages, and resource limits.
Assailants are discovering new ways to get beyond standard security measures by using social engineering and artificial intelligence. As a result, cyber-attacks are becoming more complicated and sophisticated, posing an increasing threat to your delicate data.
Threats are On the Rise
Our society is becoming increasingly dependent on technology, and since Covid, more companies are getting on board with advancing their technologies to enable work-from-home capacities.
This trend in technology will continue as we add the next generation of smart internet-enabled devices with Wi-Fi or Bluetooth connectivity to our networks, leaving users more vulnerable to attackers.
Recent research revealed that two-fifths (41%) of individuals who have ever been a victim of a data breach say it happened within the last year. This figure has nearly quadrupled from 21% in 2019, indicating a major change in the threats. Malicious insiders (35 percent) and human mistake (31 percent) are the biggest threats to firms, followed by external attackers (22 percent).
Multi-Cloud Complexities
In this digital-first age, businesses are flocking to the cloud to store their data as the number of attacks continues to rise. Yet only 17% of firms have at least half of their sensitive data in the cloud encrypted.
Furthermore, complexity is becoming more of a concern, with many respondents now employing at least two PaaS (Platform as a Service) and/or two IaaS (Infrastructure as a Service) providers (45 percent) (Infrastructure as a Service). More than 50 SaaS (Software as a Service) apps are used by a quarter of enterprises (27 percent).
Even though organizations are taking steps to address present threats, concerns are still prevalent. 85 percent of global respondents are concerned about quantum computing’s security vulnerabilities, which are potentially compounded by the growing complexity of cloud settings.
At-Risk Industries
Industries are struggling to keep up with the demand for enhanced online IT cybersecurity solutions for their growing technological needs.
In the previous year, slightly under two-thirds (61%) of retailers polled had a breach or failed an audit involving data and applications housed in the cloud, the highest percentage of any industry surveyed.
In the last 12 months, more than half of businesses in the legal (57%), contact center (55%), transportation (54%), and telecommunications (52%) industries experienced the same fate.
Zero-Trust Strategies
Companies are realizing the problems they face and striving to solve them through Zero Trust methods.
Zero-Trust strategies require all users, whether inside or outside the organization’s network, be verified, authorized, and continually checked for security configuration and posture before being permitted or maintaining access to applications and data.
More than three quarters (76%) of respondents’ cloud strategies are said to rely on Zero Trust security to some extent. A third of global respondents (30%) claim to have a formal Zero Trust strategy, and those with a formal Zero Trust strategy are less likely to also report being breached, which is noteworthy.
Trusted Professionals for Your Online IT Cybersecurity
Newtec Services can swiftly and cost-effectively reduce your company risk by using a systematic, Zero-trust approach to managing your organization’s security demands. Newtec has the necessary tools to restrict data loss, monitor third-party and fourth-party vendor risk, and scan for data exposure and leaked credentials on a regular basis.
Newtec can help you safeguard your company from data breaches and keep track of the security posture of all your providers. Contact Newtec today to learn about cybersecurity protection.
