Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

(Guest Post) There is no worse feeling than the heartache you get after recording your child’s milestones, only for the mobile phone to start warning that the internal storage is running low. Or maybe you cannot function without music, and you have been downloading so many songs that both your internal storage and memory card are full. Most people would rush to delete some of the songs, but you should not have to decide between two of your favourite artists because you are not one of them.

The global managed security services market was valued at $19.4 billion in 2017 and is forecast to reach $46.1 billion by 2023 at a CAGR of 14.9%. There has been an upward trend seen in the need for threat-intelligence by several sectors today. Due to an increased requirement to fight against the advanced threat landscape, customers today expect managed IT service providers and MSPs to adopt advanced security technologies to detect better and anticipate potential threats well in time.

According to research by Spanning Cloud, a lack of expertise is one of the most significant issues with the company's Office 365 security and compliance strategy. When referring to Microsoft Office 365 security pain points, it is necessary to understand that the lack of security features in Office 365 is not the issue. The learning curve that follows with these features, is.

Being in cybersecurity line of business and being aware of the issues faced by multiple small to mid-sized businesses, we often come across various jargon which may be unclear to some. One of the most common questions for SMEs is should they focus on cloud security or network security. It is hard for SMEs to prioritise their security budget and find affordability with security. To make an informed decision, it’s important to understand the options.

With one in three SMEs adopting cloud-first strategy more than ever, cybersecurity concerns have only grown exponentially. In the wake of the pandemic, nearly 95% of cybersecurity professionals have shown concerns regarding public cloud security. Microsoft Office 365 is at the heart of most small to mid-sized businesses. Combined with a rapid cloud adoption rate, security concerns are not far behind.

A Q3 Report by Risk Based Security on data breaches in 2020 showed that by the end of Q2, 2020 was already considered as the worst year in terms of data exposed. To add a cherry on the top, in Q3, a total of six breaches together accounted for approximately 8 billion exposed records. The pandemic further made the health sector most vulnerable to data breaches. No surprises there!

Ever heard of AZORult? Sounds like some nerdy stuff. I am not gonna lie, it slightly is! It is a trojan that steals various data including login credentials, browser history, cookies, and more. The history of AZORult is well known by those in the cyber security industry. AZORult was initially discovered back in 2016. As the years passed, we saw some of its ongoing malicious attacks.

Modern cyber security threats have today mutated into a new class that is immune to detection and prevention solutions offered by the security industry. We are looking at this new generation of hackers that master zero-day exploits, credential thefts, fake identities, and developing stealthy malware. These threats have kept the security personnel on their toes, figuring out what the next attack would look like. One of these challenges includes identifying false positive and false negative alerts.

There is no shortage of IT cloud software services out there for businesses to choose from. Regardless of their business needs you can be sure there will be a myriad of solutions. Instead of a few grand does-it-all services, IT has become a swarm of inter-playing, inter-operating, and interconnecting services. It’s no surprise that services like zapier and IFTTT are thriving in this ecosystem where they can become the glue and automate the gap between them. The future is surely bright.