CyRAACS

  October marks Cybersecurity Awareness Month. Now in its 18th year, the initiative was originally launched by the Department of Homeland Security and the National Cyber Security Alliance with the aim of providing information to the public regarding all of the cybersecurity competitions, activities, and other things that happen during this month to help raise overall cyber security awareness. Cybercrime is estimated to cost the global community an annual figure of $10.5 trillion by 2025, so this year it’s more important than ever for people to embody the overarching theme ‘Do Your Part. #BeCyberSmart’ with your customized corporate slogan on hand! Once you've got your message down, it's time to start planning for four weeks of cybersecurity goodness starting with 'Get Cyberfit' and ending with 'Cyberheroes.' Be Cyber Smart The first week of Cybersecurity Awareness Month will be centered around the overarching theme of this year: "Be Cyber-Smart".

 Rapid digitalization of businesses and operations is a raging river capable of flushing away old relics and paving the wave for bringing new innovations. The digitized ambitions of enterprises have been keen to allow more meaningful digital experiences through the massive adoption of data analytics. The new world of connectivity is leveraging large volumes of data to integrate sensitive customer data, apps, servers, workstations, and various other devices. There is also an increased dependence on data stored in the cloud digital value chains to drive connection agility and digital devices driven by Blockchain, IoT, BigData, and mobile computing. The value of your data is more than ever before, bolstering its value exponentially due to the higher level of visibility across digital platforms. This exponential use and leverage of huge data volumes have vividly increased opportunities for theft, fraud, leaks, and accidental exposure, making it more vulnerable. Data Loss Prevention (

 Many public and private organizations around the world have switched over to using cloud infrastructure. According to Amazon Web Services, this has resulted in a drastic 70% reduction in carbon emissions as well as an 80% reduction in energy use. Cloud data centers are up-to-date with state-of-the-art technology, so they employ the most efficient computers and software to power their operations. That equates to lower energy consumption than a traditional data center. As a result, using a cloud computing solution can save an organization 67.5% on its IT costs! Why decarbonized cloud solutions are important: Even though the amount of energy powerful data centers generated increased sixfold between 2010 and 2018, usage only went up by 6% due to cloud computing. According to a New York Times report , 79% of computing was done in traditional data centers in 2010 but by 2018, 89% was done in cloud data centers. Gartner estimates that global end-user spending on public cloud services

  The 2021 Travelers Risk Index states that cyber risk is the number one concern for all businesses. Breaches have increased for large businesses by 73%, for midsize enterprises by 200%, and for smaller-sized companies by 300%. This means that everyone is at risk of experiencing a cyber-attack. But only 51% of start-ups and SMBs (small to medium-sized businesses) that have recently been hacked actually purchased cyber insurance. In recent news, agents/brokers are now trying to get their hands on the remaining 49% of companies that aren’t yet covered by cyber insurance since it’s going to represent a great future market - because unfortunately, all business owners need this kind of consulting services once they have already fallen victim to an attack like this one. Although cyber insurance is a good risk transfer measure, you should understand that purchasing a cyber-policy does not ensure that your company will be able to stay in business following an attack. Many companies fail af