Organizations are generating vast volumes of data at lightning speed and need to store that data in user-accessible ways to optimize business results. Yet, in today’s digital landscape, safeguarding data against cyberthreats and insider risks is more crucial than ever. National Insider Threat Awareness Month in September and National Cybersecurity Awareness Month in October remind us of the importance of being vigilant and informed of new innovative technologies to help better protect digital data assets.
Insider threats, which involve individuals within an organization who exploit their access for malicious purposes or unwittingly cause security breaches due to human error, are a significant security challenge. According to a 2023 Ponemon Institute report, 55% of incidents experienced by organizations represented in the research were due to employee negligence, resulting in an average annual remediation cost of $7.2 million.
Cybersecurity is equally vital. Data breaches in the U.S. are at an all-time high. In just the first nine months of 2023, U.S. data breaches increased by nearly 20% compared to all of 2022 — and organizations around the world face similar trends. Year over year, cloud intrusions increased by 75%, there was a 76% spike in data theft victims named on the dark web, and 75% of attacks were malware-free.
Because personal data can be exploited and sold for a significant profit, it has become a growing and attractive target for cybercriminals. In 2023, ransomware attacks increased to levels never seen before, while also becoming more sophisticated and aggressive. Corporations, governments, and other types of organizations collect growing amounts of personal data, and sometimes, individuals have little, if any, choice in the matter.
These statistics underscore the ongoing risks of insider and cyberattacks and the critical need for robust prevention strategies.
In light of the severe consequences of these varying threat actors, organizations would be wise to seek advanced, innovative solutions to thwart such attacks. Three key trends are unfolding that provide a more significant line of defense:
Achieving data resilience at scale requires a radical new model to address the magnitude of modern data demands, one that maximizes data resilience and revolutionizes today’s broken backup paradigm. Traditional backup is independent of the file system, but a new approach merges the file system and backup as one entity. As a result, every change in the file system is recorded as it happens, making it seamless to retrieve lost or deleted data, regardless of when it existed and across the entire time continuum. This approach is redefining enterprise storage by converging storage and data protection within one system.
Despite the continued growth of cyber security and ransomware attacks, new technologies are rising to the occasion, delivering data resilience, immediate recovery mechanisms, and more robust access requirements for higher levels of data protection.
Recent Articles By Author