Data Privacy Day , data protection remains a hot topic – one that needs a collective approach towards reducing data breaches and cyberattacks . As the world becomes more dependent on data , scores of organisations are increasingly becoming targets with some falling victim to breaches worth millions of dollars .
Data protection remains a hot topic – one that needs a collective approach towards reducing data breaches and cyberattacks .
A crucial point worth raising is that ransomware has already shifted to stealing and exfiltrating data in recent years . Attackers know that having this data and threatening to release it can be more devastating than encryption , which can be fought with backups . The most effective way to deal with such threats is adopting a holistic view and a solution like data loss prevention , which can significantly help potential targets mitigate the risks .
Passwords remain the number one defence when it comes to protecting data . As an authentication mechanism , a strong password is what stands between an organisation ’ s valuable data and millions of dollars in losses , not to mention a bad reputation . Sadly , we still see many companies with authentications ( A . K . A . passwords like 123456 ) and no Multi- Factor Authentication ( MFA ) applied – this is a disaster waiting to happen . u
Some of the most recent data breach cases occur after cyberattackers gain access through an API . This is a trend that has emerged even as more companies increasingly shift their data management strategy to primarily used cloud storage and applications . As organisations integrate cloud2cloud interconnections , complexity in deployment continues to grow too . This is because most companies still need to be equipped to deal with imminent cyberattacks thanks to misconfigured or insufficient protection for their APIs .
CANDID WÜEST , VP OF CYBER PROTECTION RESEARCH AT ACRONIS
Passwords remain the number one defence when it comes to protecting data .