Imagine not having a lock on your door. It's an open invitation for thieves to break into your home and steal your valuable possessions. Having a lock on your door provides one layer of security that burglars have to go through before they can enter your home.
Data breaches caused by malicious attacks not only disrupt your company's operations, but it also leads to financial loss. According to IBM Security's Cost of a Data Breach Report 2020, the average cost of data breaches in the United States is $8.64 million.
Disasters can strike anytime without warning, resulting in disruptions and downtime that can cost you thousands of dollars in revenue. If you're unable to recover quickly, you risk losing your customers to your competition, or worse, you may have to shut down your business altogether.
Cloud computing has become a mainstream technology that supports the operations of various businesses around the globe. The latest State of the Cloud Report shows that 94% of organizations are using at least one type of cloud computing service. However, another report from McKinsey found that companies are only running 20% of their workloads on the cloud.