Cyber Security Blog

Cybersecurity becomes more pressing as companies and organizations depend more on technology. According to Cybersecurity Ventures, in the next five years, the cost of cybercrime will go up by 15% every year. This means that by 2025, the annual cost of cybercrime will be around $10.5 trillion, which is a significant increase from the $3 trillion cost in 2015. It's crucial for organizations to ensure...

Today, compliance with data protection laws is essential for companies that handle personal data as we head into 2023. According to Statista, “Global data production, capture, copying, and consumption are all expected to rise sharply, as it reached 64.2 zettabytes in 2020. Global data generation is anticipated to increase to more than 180 zettabytes over the following five years until 2025.” With increasing data being processed...

Cybersecurity will remain a major priority for both businesses and individuals in 2023. According to Statista, “the cybersecurity market is expected to generate $173.50 billion in revenue in 2023”. Organizations and individuals must act proactively to safeguard their assets from cyberattacks and data breaches due to the rising dependence on digital technology and the rise in cyber threats.    Cybersecurity is essential not only for protecting organizations'...

In this technological era, businesses must prioritize information security to protect their assets and maintain customer’s trust. However, with the multitude of information and security standards available, it can be challenging to determine which is best suited for their specific needs.   Two of the most common security standards are NIST and ISO 27001. While both standards aim to enhance information security, they have their own unique...

In today's age of digital transformation, businesses of all sizes rely heavily on technology and cloud services to store and process sensitive data. As a result, customers and stakeholders demand assurance that their information is secure and privacy is guaranteed. One way to demonstrate a commitment to security and compliance is by obtaining a SOC 2 report.    But before obtaining a SOC 2 report, it's essential...

If you are a company that provides outsourced software services to user organizations that affect the financial statements of the user organization, they’ll more likely to ask you to provide confirmation that the safeguards underlying your services are well-designed and efficiently functioning. A way to offer this confirmation is by having undergone a Service Organization Control (SOC) audit.    There are different types of audits, namely SOC1, SOC...