The number of threats to information security, reaching every industry today, has reached alarming levels as companies struggle to maintain control of their systems.

Cybercriminals' endless fraudulent schemes seem to become more and more common, and keeping data safe and privacy has become a challenge. Cloud computing has become a strong ally in ensuring a safe environment and reducing the impacts resulting from virtual attacks.

 

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A reality that has been hitting companies hard

According to the Global State of Information Security Survey released by PwC in 2017, the retail sector and consumer experience an average of 4,000 information security threats each year. Furthermore, the report revealed that 16% of all organizations surveyed suffered losses of more than $1 million due to information security related incidents.

These statistics reflect the strong need for investment in infrastructure and awareness of information security. Keep in mind that any company, regardless of industry or size, could be the next victim.

>> Learn more: Hackers and the fear of entrepreneurs in Brazil

The cloud computing structure provided, like Amazon, guarantees information security from the acquisition of the main assets in the market, passing through certifications and compliances and even reaching policies and processes. But still, there are great challenges, in order to meet different customer projects and the risk of security incidents.

  • DDoS attacks

In October 2016, a series of denial of service (DDoS) attacks rocked the internet as a number of e-commerce sites and other technology platforms. DDoS attacks target internet addresses that have been infected with malicious code. This generates huge amounts of traffic that overwhelm targeted websites.

  • Ransomware Attacks

Ransomware is a type of malware that prevents users from accessing their files by blocking them until they pay a ransom. According to network security solutions company SonicWall, ransom attacks increased from 3.8 million in 2015 to a shocking 638 million in 2016.

  • Compliance with safety standards

As in the retail sector, implementing security requirements in line with international standards is still a major challenge. Compliance requirements require investments and changes related to technology, policies and processes for many companies that often do not have enough maturity to implement issues related to information security.

  • human factors

Finally, the human aspect is still a determining factor for the occurrence of cyber attacks and data theft. According to research published by Software Advice , in the phishing scam report published in 2015, employees are the weakest link in incidents related to information security. The attacks are so effective and professional that an email is all it takes to launch a cyberattack.

>> Learn more: Keep the cloud secure through identity management

Information security according to the experts

Information security experts recommend the need to develop cloud infrastructure policies addressing threat prevention and security vulnerabilities. Companies should also work closely with employees to make them aware of the risks, policies and processes responsible for information security.

Learn more: Ransomware, We Need to Talk Backup and Disaster Recovery

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Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.