Cybersecurity has long been a high-growth discipline, and it is poised for the dawn of a widely predicted predicted age of unprecedented—perhaps exponential—growth.
According to Cisco’s 2017 Annual Cybersecurity Report (ACR) on the impact of cyberattacks on businesses ranging from enterprises to SMBs, over one-third of organizations that experienced a breach in 2016 reported substantial customer, opportunity and revenue loss, such as:
- Of breached organizations, 22% lost customers and 9% lost more than 20% of their base.
- Revenue loss for 11% of companies exceeded 20%.
- Over 9% of breached organizations saw a greater than 20% dip in business opportunities.
The report, based on a survey of almost 3,000 chief security officers, categorized 27% of employee-introduced third-party cloud applications as high risk, driving significant security concerns. As you’d expect, the report reinforces how important it is for government and business to invest wisely in secure technologies and processes. As John N. Stewart, Senior Vice President and Chief Security and Trust Officer, Cisco puts it, “In 2017, cyber is business, and business is cyber.”
Gartner has estimated that by 2020 60% of digital businesses will suffer major service failures due to the inability of IT teams to manage digital risk, and called out several key cybersecurity areas of focus, including pushing to a new edge that extends far beyond the traditional data center. At the end of 2016, the average organization used 1,427 cloud services. The average company connects to 1,555 partners through cloud services, and 9.3 percent of all files in the cloud shared externally contain sensitive data. According to Skyhigh, the average company experiences over 2.7 billion cloud events per month, of which only 23 are actual threats. A few very dangerous needles within a very large haystack.
As cloud adoption continues to skyrocket at an even greater pace, it has never been more essential—or demanding—to ensure security, compliance and uptime across private, public, and hybrid cloud services while controlling costs. Where mission critical applications are involved, your cloud services provider must be a master of offering the benefits of both a shared multi-tenant environment and a robust, security-focused private cloud implementation.
Cloud Security at this high level is what Vazata is known for. We architect all of our solutions with security in mind, and our accreditations and audit achievements are inheritable. We help clients maneuver through the challenges presented by regulations and customize programs to meet all information security management needs.
Let us help you succeed by following a winning cybersecurity cloud strategy.