Last year, cyber-attacks and data breaches were at an all-time high. Millions of contacts and personal information were leaked online, and several large organizations experienced record-breaking hacks. The technology costs were high, and in some cases, the reputational costs will never be recouped.
Here are the top ways you can keep your business safe in 2021.
Cloud Protection: 2020 brought a strong emphasis to cloud technology with the rise of remote work, and roughly 35% of companies plan to accelerate their workload migration to the cloud in 2021. With stronger cloud adoption, comes the need for cloud security practices. Experts are forecasting that cloud security spending will grow to $3.5 billion in 2021. Whether you are running or plan to run your workloads on a public or private cloud, it is vital to increase your security budget to meet your needs.
Data Backups: Also trending in 2021 are data backup solutions. Businesses understand the importance of strengthening their cyber defenses to prevent data loss. Some solutions that will be at the forefront of 2021 include multi-cloud backup, ransomware protection, Disaster Recovery as a Service, and Business Continuity.
Employee Training: The new year is the perfect time to begin proper cybersecurity training for your workforce. Human error accounts for 95% of security breaches making employees the weakest link in your cybersecurity defense. However, there are several ways to strengthen employee knowledge on cybersecurity, and it starts with proper training. Enable employees to spot a threat from the start with training on phishing attacks, how to stay safe online, and password security.
As work from home continues to dominate technology trends in the new year, organizations are also investing in the proper cybersecurity technologies. According to EY, 73% of organizations anticipate budget changes to their cybersecurity programs with 32% of those organizations expecting an increase in funding.