Sofie Lindblom sat with Surface device in boardroom

200 billion reasons why companies must face up to the challenge of cyber security

Johanna Winqvist

Johanna Winqvist

Microsoft, Modern Workplace

Read Time, 3 min.

200 billion. That’s how many connected devices there will be worldwide by 2021. It’s an incredible number – and one that’s going to have massive implications for the way we live and work.

Today, everyone is mobile. We can work from anywhere and share our work and our passions seamlessly from device to device. The office cubicle is a relic; work has never been so fluid. It’s a wonderful thing – but it creates a big challenge.

Security.

Every 39 seconds

That’s how frequently hackers launch a new attack.

By the time you’ve read this article, hackers will have launched five attacks globally – some aimed at enterprises, some at small and medium-sized businesses.

Big or small, hackers know the pay-offs can be enormous if the organisation isn’t secure.

And the damage to the bottom line can be dramatic. The average cost of a data breach is as high as $3.62m – not to mention the reputational damage that can follow a major attack.

The solution? Be prepared. The increasing complexity of attacks means now is the time for a re-think on cyber-security.

50 percent

By the end of next year 50% of us will be mobile or working remotely. This has serious implications for cybersecurity, because the more mobile devices used by employees, the more blind spots there are.

It’s now considered the norm for huge amounts of company information to live outside of onsite security perimeters – with much of it kept on mobile devices – and hackers are poised to exploit any weak link with increasingly sophisticated cyber-attacks.

3 pain points

Malware and phishing attacks spread by email are increasingly common, with IT companies wasting an average of $1.37m a year responding to malware alerts.

Password and account security is incredibly important. Identity has become the new perimeter, and the vast majority of successful attacks start here.

End point attacks can cause massive damage to an organisation because of the access they give hackers, so companies need to be ready to react quickly and decisively to this type of breach.

Microsoft 365: the solution

We need to rethink cybersecurity for the new world of mobile working. Microsoft’s built-in security solutions take the stress out of staying secure and make it easier for businesses to react quickly when needed.

Microsoft 365 uses advanced analytics to link huge amounts of threat intelligence and security data from Microsoft and partners to combat cyberthreats. You can see the full range and power of insights harnessed with the Intelligent Security Graph, a connected system of continual learning that only Microsoft can provide.

Advanced security features include:

  • Identity and access management that protects users’ identities and controls access to valuable resources based on user risk level.
  • Information protection allows you to protect documents and emails with encryption that travels with users as they move inside and outside of your organisation.
  • Threat protection helps you strengthen your pre-breach posture and allows you to recover quickly with automated remediation when attacked.
  • Security management provides end-to-end visibility and centralised management capabilities.
  • Business-specific security features designed for companies of all sizes – with enterprise-ready products like Microsoft 365 E5, as well as Microsoft 365 Business, specifically designed for SMBs.

Free webinar: Top cybersecurity trends in Europe

Learn about cybersecurity trends in Europe, and solutions to safeguard against them

Discover more related articles per industry:

Education

  • A guide to GDPR for universities

    A guide to GDPR for universities

    With the EU’s new General Data Protection Regulation coming into effect on May 25, understand how universities like yours can take the right steps towards compliance with this free eBook – and other useful resources. Your university on a journey on a journey Your university is on a journey with lots of ‘data subjects’. They’re […]

  • Make remote learning work better for everyone. Find out how.

    Make remote learning work better for everyone. Find out how.

    Since the COVID-19 outbreak first hit China, our education customers in the country have done amazing things to keep students engaged while they transition to remote learning. From eLearning innovations, to keeping students’ spirits high with photo and cooking challenges – teachers and students have shown extraordinary resilience during this difficult time. Now, as the […]

Government

Healthcare

  • logo

    Why trust is the essential ingredient in healthcare digital transformation.

    My phone had scarcely stopped ringing for weeks. Now it was ringing again. “Veronica,” said the voice at the other end, “we have an idea!” Immediately, I recognized who it was. I’ve known Carlo Tacchetti for almost as long as I’ve been at Microsoft. He’s a professor at the Vita-Salute San Raffaele University and the […]

  • Two female nurses having a virtual conversation through Microsoft Teams

    Belfast Trust: Reimagining patient care

    “There have been many heroic actions by our staff but we’re not heroes for what we’ve done – I’m just glad we could do our bit to help.” Paul Duffy, Co-Director of IT and Telecommunications at Belfast Trust, is talking about the monumental impact COVID-19 has had on the healthcare sector and how virtual consultations […]

Manufacturing

  • Etex

    Etex uses modern tools to unite its business and better focus on customers

    When it comes to construction, all components must come together in a timely manner in order to produce the optimum product. While Etex, a Belgian building solution manufacturing company, helps make this a reality on a day-to-day basis, it wanted to find a way to enhance productivity and collaboration internally. With locations across more than […]

Retail

  • GDPR and Retail: Four GDPR requirements and how Microsoft can help

    GDPR and Retail: Four GDPR requirements and how Microsoft can help

    Learn how we can help you meet GDPR requirements with solutions available today: Assessing your current risk profile “How do I understand where I am already compliant and where I need to focus next?” This is one of the most common questions from retailers in regard to the GDPR. It’s also one of the hardest to […]

  • HeadBrands is ready for the future with Microsoft 365 Business

    HeadBrands is ready for the future with Microsoft 365 Business

    Since its creation in 2010, HeadBrands has continued to grow, rapidly becoming the leading retailer of hairdressing products in Scandinavia. HeadBrands needed a modern IT solution to increase its business productivity and improve collaboration, both within the company and externally. Its response to this challenge was to replace most of its previous services with Microsoft […]

Discover more related articles per dossier:

Customer Stories

  • Helping Swedish leaders succeed with modern workplace solutions

    Helping Swedish leaders succeed with modern workplace solutions

    A lack of consistency will always make business more difficult. Ledarna, a trade union serving executives across Sweden, discovered this as its employee numbers swelled to over 170. Shifting from legacy tools and systems helped the company to streamline its processes and enhance collaboration, not to mention boosting security and opening up new opportunities for […]

Digital Transformation

Press

  • 2 people meeting with two surfaces on the table

    Winning the war for talent – the power of digital culture

    Winning the war for talent – the power of digital culture For the first time in history, we now have four generations in the Irish workplace – some organisations have as many as five generations working together. For business leaders, it means that finding and cultivating the best talent has never been more important – […]

Security & Privacy

  • Peace of mind when it comes to privacy and security

    Peace of mind when it comes to privacy and security

    “Safely stored in the cloud, compliant and protected by best-in-class security: your data, and the tools you use to harness it, can truly empower your business.” The world is inherently more dangerous than it has ever been, and the cyber threats we face are becoming more sophisticated. Today, any device is a potential route into […]

Tips

  • Top tips for smarter remote working with Microsoft Teams

    Top tips for smarter remote working with Microsoft Teams

    With remote working becoming the new normal for many, people are having to find different ways of effectively functioning as a team. Microsoft Teams is designed to keep colleagues productively connected and ensure that everybody can continue to work as collaboratively, efficiently and securely as in the office. So, whether you already use it or […]