Cybersecurity

Many organizations are looking to get out of the business of maintaining data center infrastructure onsite. However, not every workload is suitable for the public cloud. Organizations still need to host certain mission-critical applications on infrastructure they control.

Every state in the U.S. has data breach notification laws. In Delaware, for example, if a breach requires a certain number of residents to be notified, the organization must also provide notice to the attorney general. Some states require organizations to provide credit monitoring services to those affected by a breach of financial data.

Sharp increases in ransomware and other malicious cyberattacks are leading more companies to consider purchasing cyber insurance. However, the same market forces are making it more difficult to acquire such protection.

Cybercrime has always represented an existential threat to businesses — many companies go out of business within six months after a data breach. Following a record year for ransomware and other cyberattacks, organizations worldwide are reassessing their cybersecurity plans, priorities and budgets.