In today’s hybrid work environment, organisations are faced with how to manage exploding volumes of content while also keeping rapidly evolving cyber threats at bay. By leveraging a holistic approach to content-aware security, companies can fortify their defences and protect sensitive information, such as intellectual property, client records, and critical documents.
Modern Data Dynamics
As data has shifted to the forefront of business intelligence, organisations must keep the following top of mind:
● Content Sprawl: Digital expansion has resulted in more content being produced than ever before– often located across various repositories – which makes it difficult to secure. On top of that, there is a natural reluctance to delete data that maybe redundant, obsolete, or trivial. However, organisations should recognise that not all data is created equal. Photos of a company event, for example, require a different level of scrutiny than employee home addresses and national insurance numbers.
● Data Governance and Compliance: There is a growing number of regulatory requirements that companies must meet, including adherence to data privacy laws like the General Data Protection Regulation (GDPR), industry mandates, and government regulations. In fact, Gartner predicts that 75% of the global population will have its personal data covered under modern privacy regulations by 2024.
● Ransomware: The business reality is that no organisation is immune from the impacts of ransomware, regardless of size, industry, or location. Moreover, ransomware is expected to continue to increase in scope and sophistication. It’s important that organisations understand the far-reaching implications of ransomware attacks, from extended downtime and financial loss to damage to brand reputation.
● Insider Threats: Many companies overlook the significant risks caused by insider threats. While not all insider threats are considered malicious, they can be extremely costly. According to a report by DTEX and the Ponemon Institute, the average annual cost of an insider-led cyber incident was $16.2 million USD in 2023, up from $15.4 million in 2022. In addition, the report found that it takes organisations an average of 86 days to contain an insider incident.
Egnyte’s Content-Aware Security
Egnyte’s advanced data security and governance framework allows businesses to manage content risks in the modern digital landscape. Furthermore, by extending Egnyte’s capabilities to platforms like Microsoft SharePoint, OneDrive, Exchange, and Google Drive, organisations can reduce risk and maximise value while working in ways that are most optimal for them. Here are a couple of content security features that make Egnyte stand out.
● Data Awareness: Understanding where content is stored – especially unstructured data (e.g., emails, video, and audio files) – the Egnyte platform acutely discerns data by focusing on high-value content repositories to ensure unmatched protection and governance. This includes identifying issues with permissions and sharing to make sure only the right people have access to sensitive information. Egnyte also has built-in functionality for companies to select which regulatory or privacy policies they need to stay compliant to operate. The system will then scan the content to identify what files might contain data or information that would impact the selected policies.
● Proactive Threat Management: Egnyte actively flags and mitigates risks to help businesses preserve the confidentiality, integrity, and availability of their content. For instance, Egnyte’s AI capabilities can identify anomalous behaviours – such as a user account downloading or deleting an unusually large number of files –signalling potential issues like ransomware or insider threats. In the event of a ransomware attack, Egnyte’s snapshot-based ransomware recovery solution can “look back” at a file snapshot to determine exactly when ransomware infected a file and restore data to that particular point. This enables companies to get operations back up and running more quickly should a ransomware attack occur (the average downtime for a company is 24 days).
● Addressing Content Sprawl: Egnyte’s Cybersecurity Trends for Mid-Sized Organisations Report found that 86% of respondents manage between six and 15 data repositories. Content sprawl not only makes safeguarding sensitive data more challenging, but it can also increase the potential cyber attack surface. With that in mind. Egnyte guarantees uniform security across these different repositories through its integrations with leading platforms, including Microsoft, Google, and Salesforce.
In today’s digital landscape, data security is non-negotiable. As a valued partner of Egnyte, we would like to help you and your clients protect your most valuable assets.
Contact your dedicated Egnyte Partner Sales Manager, Cirion Townsley. Ask him about becoming an Egnyte Partner, request a more in-depth demo, as well as learn about limited-time offers we have on some of the features mentioned in this blog.
For more information on Egnyte, you can also visit www.egnyte.com.