With the current development of the digital world, cloud security has become a key factor for organisations to consider. Cyber-attacks and breaches can happen at any time of the day and impact your organisation if not protected properly. Microsoft’s cloud computing operations are constantly under attack. The company detects a whopping 1.5 million attempts a day to compromise its systems (Microsoft, 2021).
What is a cyber-attack, exactly?
They are an attempt to breach your security to steal confidential information or disable devices to develop further attacks on your organisation. In those situations, personal information from a company and its employees is breached and accessed from individuals externally. The data can be used in detrimental ways that will impact the organisation in several ways. Cyber-attacks can be launched through different methods such as malware, phishing, and ransomware. Organisations are exposed to breaches through inherent risk (before the implementation of the security system) but also through residual risk (after the implementation of security measures). Even protected, there will be a level of risk exposed to organisation and for that reason it is important to minimise the risk through adapted security systems.
What are the consequences of cyber-attacks?
The impacts vary depending on the type of attack but can be very harmful to a business or an individual. Financial loss can occur with stolen income, resulting in the inability for a firm to operate fully with reduced productivity and staff downtime to compensate. The average financial cost of a cyber-attack in 2020 within the US is around 8.7 million dollars. Reputation may also be affected when a business is operating with clients or customers. A level of trust and security is expected to keep their information secure. A decrease in trust may result in limited growth and opportunities for the future. Another important aspect to remember is that data retrieval is not guaranteed after a breach, so you could lose data permanently. Lost information can include valuable assets such as client information, leads for business development, the consequences are endless.
What can you do to minimise security risks and ensure a safe environment for your employees?
Luckily, there are a range of options available to prevent or minimise the risks of cyber-attacks and breaches. The difficulty is selecting the relevant solution for your organisation specifically. You may consider key factors such as price, value obtained, usability and time before implementing new systems to your business. Adopting cloud-based solutions has proven to be a highly effective process to improve security and can easily be managed by an IT department. For example, you can implement a multi-factor authentication that will verify user identity through several authentication steps. Another important aspect to consider is that all data is connected and stored in one “Cloud” which can be accessed through any device. This might seem obvious but if a work device is compromised you will still have access to data by connecting into the cloud securely from another device.
Microsoft Cloud services include highly advanced security systems, allowing flexibility for companies. The organisation invests over 1 billion dollars (about $3 per person in the US) a year in cloud security ensuring the best tools and knowledge is applied to its services. For example, Microsoft scans over 400 billion emails for malware and phishing frauds each month through Office 365 and Outlook. All information is classified and analyzed by Microsoft cloud services, detecting any external threats that could harm a business.
risual – experts in cloud security
risual is a cloud transformation expert supporting organisations in the development of their security systems. As a Microsoft Gold Partner, risual offer Azure, Dynamics 365, and Microsoft 365 solutions to manage security operations. The process is complete and offers a full analysis of a company’s security systems. A detailed plan of action is developed based on the results of the scope. risual focuses on communication with clients as the options are tailored to the their requirements and standards. All solutions implemented are tested and reviewed to ensure the organisation’s objectives are completed. However, some companies may not have the time or infrastructure for a complete IT department.
risual can provide managed services operation Centre (SOC) including an advanced 24x7x365 monitoring and threat protection service from our certified experts. All security measures will be taken care of for you such as managed systems or threat analysis and detection.
For a limited time only, risual is offering 13 months for the price of 12 on all Managed Security Operation Centre’s purchased in July and August 2021.
We like to focus on client satisfaction and for that reason we ask for detailed feedback on our performance to identify where we can optimise our services consistently.
risual is collecting client feedback from an advanced NPS (Net Promoter Score) rating system. Our current rating position is at 77, above industry average (60) and we always aim to maximise our score further.