How Does Security Assurance Help Enterprises?
In an era of rapid digitization, enterprises are adopting technology at a frenetic pace. The benefits accrued thereby include enhanced productivity, better customer service, scalability of operations, and increased revenue. In all these ways, the cloud has emerged as a key enabler for enterprises in their overall digitization journey. However, with increased technological sophistication, the specter of cybersecurity is also looming large. Time and again, we hear reports of cybercriminals wreaking havoc on connected systems, be it in airlines, electricity grids, banking, or retail. The losses suffered by enterprises and individuals due to such threats continue to mount. According to Cybersecurity Ventures, the annual cost of cybercrime globally is estimated to be $6 trillion. It is almost 1% of the global GDP. As per betanews.com, around 82% of CIOs believe their supply chains are vulnerable to attacks. With the Internet of Things (IoT) and cloud computing making the world more connecte...