Cloud: Data breach costs up to 28 million euros
On average, every company that has cloud data is at financial risk of 28 million euros in the event of a data breach. This is the conclusion of the new SaaS data risk report from Varonis Systems. This examines the challenges CISOs face in protecting data in a growing portfolio of SaaS applications and services such as Microsoft 365, Box or Okta. The report highlights how hard-to-control collaboration, complex SaaS permissions, and dangerous misconfigurations (like admin accounts without multi-factor authentication/MFA) leave a significant amount of cloud data vulnerable to insider threats and cyberattacks. For the report analyzed…