With 74 percent of businesses expected to be hacked each year globally, “the economic loss of cybercrime is estimated to reach US$3 trillion by 2020. Yet, as these costs continue to climb, the financial damage is overshadowed by new and broadening risks,” warns Brad Smith, president and chief legal officer at Microsoft.
“Improving security is not just about spending on new technologies. As seen in the recent spate of global security incidents, doing the basics right has never been more important. Organisations can improve their security posture significantly just by addressing basic security and risk related hygiene elements like threat-centric vulnerability management, centralised log management, internal network segmentation, backups and system hardening.”
Click on the full article titled “How Secure Is Your Digital Security?” to find out how Microsoft endeavours to protect its customers against cloud weaponsiation with its enterprise cloud and security solutions.
Empowering Enterprise” is an ongoing Ingram Micro series published in every Wednesday’s edition of The Business Times. It aims to provide news and thought leadership on the latest developments in cloud and security.
The series is produced in partnership with the following vendors: Dropbox, Microsoft, VMware, Cisco, IBM, Progress, Symantec, Barracuda, Dell EMC, FireEye, Hewlett Packard Enterprise, Juniper Networks, Lenovo, Menlo Security, Adobe, BitTitan, DocuSign, NSFOCUS and Veritas.
This post may contain excerpts from an article entitled “How Secure Is Your Digital Security?” published in The Business Times on 13 September, 2017.