Every year, business owners grapple with the same question: how can I keep my data safe? The cost of a data leak can quickly escalate to over $7 million per incident, not to mention the damage to a business’s brand reputation and competitive advantage. And, unfortunately, cyber attacks are getting more sophisticated every year. There are many solutions on the market to help businesses protect their information.
Many organizations are already cashing in on the promise of big data, hailed as the world’s most valuable resource. However, this crude resource requires refining in the form of data hygiene. Data errors and inconsistencies cost companies millions of dollars a year. Businesses that aren’t able to implement the tools, strategies, and training required often find big data to be more of an obstacle than an advantage.
Ransomware and other cyber attacks are getting more expensive every year. IBM’s recent report found that the average cost of a breach increased 2.6% from $4.24 million in 2021 to $4.35 million in 2022 — and the year isn’t over yet. Too often, data breaches are the result of routine lapses.
New funds from WestBridge Capital, Next Play Capital, Bain Capital Ventures, and Venrock will be used for hiring, growth, and expanding product integration San Francisco, Calif. – Nightfall AI, the industry’s leading cloud data loss prevention platform, announced today it has closed $40M in Series B funding.
Ransomware, phishing, and malware are persistent and ever-evolving threats that today’s remote workspaces need to consider. The shift to a remote-first office, which for many has become permanent, has meant that companies need to be better equipped to protect their data in the cloud. Today, more than 45% of malware is delivered via the cloud.
Most companies are determined to make remote work feasible for the future. To do so, they need the right tools to maintain data security while their employees work here, there, and everywhere. There are many tools on the market that enable cloud security, and understanding which options are right for your business can be confusing. Different vendors offer different features, compliance with different regulations, levels of complexity, and types of coverage.
The Nightfall platform is a SaaS data protection platform already known for its high accuracy findings and analytics. Now, thanks to new features baked into the Nightfall Console, users will have enhanced analytics functionality through an elegant and easy to navigate dashboard interface. Watch the video demo below for a walkthrough of changes, or read the rest of the post to learn more.
Building a HIPAA-compliant security program is a very time intensive and demanding undertaking. It can also be confusing, as satisfying requirements like the HIPAA Security Rule require extensive interpretation and documentation on the part of security professionals. However, by arming yourself with knowledge before beginning the process, you can cut down on unnecessary difficulties.
By one estimate, the average company has a whopping 254 SaaS apps (with enterprises averaging 364 apps). Employees may not be using all 250+ SaaS platforms regularly; this leaves dozens of apps with unchecked access to the business’ IT environment — a big security risk. Tools like Nightfall and BetterCloud aim to reduce this potential risk in different ways.
