As the internet grows, so does the sophistication and capabilities of cyber attacks. Cybercriminals constantly develop new ways to exploit even the most complex networks and servers. One of the newer types of attacks caused major headlines in 2020 and continues to be a force to be reckoned with for even the largest companies and organizations. It's called a double extortion ransomware attack. Becoming a victim of these vicious attacks can lead to devastating consequences.
Cloud computing is an effective solution for large and small companies across every industry. There has been rapid adoption due in large part to its accessibility, flexibility, and reliability. The cloud environment brings a significant amount of benefits, but at the same time, it can expose businesses to various alarming cybersecurity risks. A study conducted by Thales and 451 Research revealed that 40% of respondents have experienced a data breach within their cloud environments.
Online privacy is a state where one can keep their information and activities private from others. Due to the increase in internet usage for various purposes like social media, entertainment, education, and even business, the threat to data privacy has also increased. Above all the other online niches, businesses involve more critical data such as customer data, financial information, intellectual property, business agreements, and employee details.