Rubrik Zero Labs is excited to debut its second State of Data Security report: “The State of Data Security: The Hard Truths.” This in-depth global study is the first public use of Rubrik telemetry data to provide objective data security insights. Rubrik data is complemented by an extensive third-party study conducted by Wakefield Research, which provides a deeper look into the challenges IT and security decision-makers face, the impacts of these challenges, and possible solutions.
As cyber-attacks become more sophisticated and frequent, businesses are turning to cyber insurance policies as a means of protection. Increasingly, CISO’s and Board of Directors are eager to take advantage of “risk transference” as part of a holistic cyber risk management strategy. However, the cost of such policies can often be a significant concern for organizations.
As we gear up to enter the new financial year, one thing is for sure: cyberattacks per day continue to pose a major threat to businesses of all sizes. With the rise of IoT attacks and the low prosecution rate of cybercriminals, it’s no wonder that companies are spending billions to protect themselves.
Like all cybersecurity providers, Blumira has had to respond to the rise of remote and hybrid work models. But given Blumira’s focus on SMBs and mid-market companies, they found many businesses in their target market priced out of mature endpoint monitoring solutions—or without the technical ability and infrastructure to run the endpoint agents a larger organization might use.
Experts at Ponemon Institute reveal that the average cost of a data breach will reach around $5 million in 2023. This is a hike when compared to $ 4.35 million in 2022 and $4.24 million in 2021. With the frequency and severity of data breaches on the rise, businesses must prioritize data security to avoid hefty fines and penalties.