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

Government

Healthcare

Manufacturing

  • a woman smiling for the camera

    Etex Group: Future-proofing employees to work anywhere across the world

    When COVID-19 spread across Europe in early 2020, businesses entered a new digitally-dependent age. Social distancing measures had asked offices of all shapes and sizes to close their doors, sparking organizations to quickly find other virtual ways for colleagues to meet and collaborate remotely. But for Belgium building material specialist Etex, this was a step they were ready for – having already implemented a cloud-based infrastructure and collaboration tools […]

  • a person sitting at a desk with a laptop on a table

    My people leadership compass in times of gloom

    Microsoft’s Max Tchapeyou offers a very personal viewpoint, citing the six ways he’s found to work more effectively – and positively – with his team.

Retail

  • Picture from the back of a person attending a Teams meeting with 2 colleagues, discussing about a furniture fabric.

    Zuiver: Supporting both business and culture through technology

    “Since moving to the cloud, there are no limitations anymore. And I’m certain without this technology, we would not have seen the growth we have today.” Jaap Landsaat, CFO and Head of IT at Dutch furniture designer Zuiver, is talking about the profound impact technology has had on the business he co-founded more than 20 years ago. “Back then, we had 100 orders a week […]

  • 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

  • Mais on a sunny day

    COFCO International: How cloud technologies ensured business continuity during challenging times

    “I have worked at COFCO for 12 years, always in an office. But I have spent the last 63 days working from home.” Marcus Seelbach, Chief HR Officer at global agribusiness COFCO International, is talking from his home via video call about the transition he and all his colleagues have undergone since COVID-19 led to the closure of the company’s offices worldwide. “But thanks to the preparation and […]

Digital Transformation

  • a person sitting in front of a laptop computer

    The ‘Big Bang’ approach to digital transformation – and how to make it work

    These days there’s no such thing as ‘business as usual’. Change and disruption are the new normal. Just think of the changes affecting your organization right now, with new technology and techniques driving new attitudes and expectations from employees and customers alike. Everything is changing. And the one thing all those changes have in common […]

Security & Privacy

  • How IT can build a secure environment for collaboration

    How IT can build a secure environment for collaboration

    As an IT leader, it falls to you to anticipate and respond to the evolving technology needs of your business. Your goal is to create an environment where everyone can collaborate and communicate effectively. The best way to achieve this is by implementing an all-encompassing suite of collaboration tools, as opposed to multiple fragmented solutions. […]

Tips