Egnyte just released its Cybersecurity Trends for Mid-Sized Organizations report, a mid-year update to its annual Data Governance Trends Report. The study provides key insights into how mid-sized organizations manage cybersecurity amid rapidly increasing cyberthreats. The survey of IT executives underscores their concerns about cyber insurance premiums, content sprawl, incident response plans, and more.
This month, Egnyte is excited to announce the completion of some major milestones of its Egnyte UI redesign project. Other updates in June include security and governance improvements, a new eTMF app for Life Sciences, a new version of the Desktop App, additional FileGuard app functionality, a fully upgraded Egnyte for Outlook integration, and more. Continue reading for details on all these exciting changes.
Pre-pandemic, the life sciences industry had settled into a pattern. The average drug took 12 years and $2.9 billion to bring to market, and it was an acceptable mode of operations, according to Nimita Limaye, Research Vice President for Life Sciences R&D Strategy and Technology at IDC. COVID-19 changed that, and served as a proof-of-concept for how technology can truly help life sciences companies succeed and grow, Limaye said.
Every day, your users access dozens of documents they need to do their jobs. However, many users fail to take basic steps to protect sensitive documents from leaving the organization. In sports, when a team loses the ball out of bounds, they have to go on defense. The same thing happens in business when you lose critical documents.
As companies accumulate and store large amounts of business data in the cloud, data security and governance become a major concern. More than 16,000 companies use Egnyte to manage, secure, and govern their content. These businesses rely on the unified platform to keep their business running smoothly, because data loss due to ransomware attacks or accidental file deletion could have profound impacts on their bottom lines.
New state-level data privacy laws just keep coming. By the end of 2023, California will transition to the CPRA, and residents of Virginia, Colorado, Utah, and Connecticut will be covered by more expansive state privacy laws. With 10% of U.S. states covered by data privacy legislation by the end of next year, it’s clear there’s a need for federal legislation as well. I’m pleased to see reports of positive momentum on this topic in Washington.
