Lack of security strategies hampering cloud implementations

Cybercrime

Cybercrime

by AKANI CHAUKE
JOHANNESBURG, (CAJ News) – BUSINESSES must put in place cyber-security strategy amid an escalation of hackers and perpetrators of ransomware attacks.

This is according to an industry executive as private, public and hybrid cloud solutions grow in popularity and the shift to cloud apps make migration easier for businesses.

While cloud computing has proven that it is a better option than in-house servers, security challenges remain a concern.

“It is evident that companies are still experiencing common security challenges such as backup and disaster recovery (DR) failures, internet service providers (ISPs) being hacked or ransomware attacks,” said
Christian Mahncke, Enterprise Business Development at Routed, the vendor neutral cloud infrastructure provider.

“These businesses are neglecting this important aspect within their cloud strategies, failing to include backups and DR in the overall planning,” Mahncke said.

He said there was a need for security policies and associated regular backups, which would automatically result in ensuing that proper DR was in place and worked.

Mahncke said currently, businesses only tested backups after a server crash or security breach, only to discover that the backups did not exist or were never taken.

“DR is often absent as there is a belief that a multitude of backups constitutes DR,” Mahncke explained.

According to statistics provided by Routed, hardware failure is the leading cause of data loss and/or downtime while 40 percent of security breaches are caused by employees.

Some 93 percent of companies without disaster recovery, who suffer a major data disaster, are out of business within one year and 96 percent of companies with a trusted backup and disaster recovery plan will be to survive ransomware attacks.

More than 50 percent of organisations experienced a downtime event in the past five years that were longer than a full workday.

– CAJ News

Short URL: http://cajnewsafrica.com/?p=29237

Posted by on Jan 4 2019. Filed under Finance, Finance & Banking, IT Security, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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