Cloud Storage Security

The cost and impact of cybercrime are climbing by around 15% every year, according to a 2020 report in Cybercrime Magazine, and is expected to cost $10,5 trillion globally by 2025. This makes cybercrime, they argue, more profitable than the global illegal drug trade. The real costs are far greater though, both broadly and to individual companies, as these funds represent lost investment and innovation, and companies increasingly face stringent fines for personal data losses under regulations such as the General Data Protection Regulation (EU GDPR) and Protection of Personal Information (PoPI) Act. The human layer All it takes is a chink in the armour, warns John Ward, SME of Cloud Business for Africa at Fortinet, and this can be through human error, misconfiguration, permissions-...