In response to the Covid-19 pandemic, cloud technology has been embraced by organizations of different sizes at a level that far exceeds what many experts had predicted many months prior. As many office-based workers were forced to work from home, the need for data protection measures through the use of GRC and data privacy software has become very apparent.
Because of its scalability, accessibility, and flexibility, the cloud has suddenly become essential for organisations that have never used it before or used it sparingly. Apart from the challenges brought about by the pandemic, organisations need to also deal with the rise in ransomware attacks. Cybercriminals have also taken advantage of the substantial increase in remote workers to prey on organisational networks.
Since many people need to access and work with confidential or sensitive data outside of the office, there has been a noticeable spike in cyber attacks. With 62% of organisations suffering a ransomware attack in 2020, many are relooking at their cybersecurity posture. Undoubtedly, the cloud is one of the options they have looked into. The mass migration to the cloud has resulted in a spike in the Software-as-a-Service (SaaS) market.
Software-as-a-service (SaaS) has helped employees to stay connected to their organisation’s data and systems to continue business operations. It has also helped organisations to drive their business forward even through uncertain times.
Businesses and SaaS: The Perfect Combination
SaaS solutions involve predictable costs, simple subscriptions, and small capital investments. This makes them a very viable solution for organisations of different sizes. For instance, SaaS solutions such as Data Protection-as-a-Service (DPaaS)[1] can help companies:
- Support their journey to the cloud or their cloud-first initiatives
- Maintain strong security while eliminating tech debt
- Rapidly scale and expand to support SaaS apps and evolving workloads
SaaS solutions make it possible for organisations to transition to cloud storage without the need to monitor, secure, and manage it separately from the data protection service they currently have.[2] However, there is one key consideration to keep in mind. It is a common misconception that protection of data in the cloud is the responsibility of the cloud provider. However, it is still the organisation’s responsibility.
While enterprise-grade protection is considered important, it is crucial that businesses seek offerings that are not only cost-effective but also one that will not add complexity to the mix. This is key so it’s easier for organisations to meet their business objectives. The best SaaS solutions in the market is the type that will not only provide data protection but should also be capable of eliminating any headaches, reducing costs, and decreasing overheads.
With a great SaaS solution, organisations can save money on things like infrastructure expenses, network, and hardware and can invest it in other areas of the business. What’s even impressive is with a SaaS solution, organisations can benefit from a fully-hosted data protection. In the process they can avoid spending money on installation, configuration, and large upfront capital investment.[3]
Organisation with more advanced SaaS models can also benefit from built-in protection against cyber attacks through immutable and air-gapped copies of data together with additional hardened security controls that help ensure unauthorised users won’t be able to access the backup data.[4] Given the continued threat of ransomware, watertight protection such as this is invaluable for companies across all sectors.
A ransomware attack can be devastating at any time but with countless organisations already hit hard by the pandemic and the lockdowns, these attacks are considered more unwelcome than ever.
Check sources again – be aware that in some cases, Data Protection refers more to data storage services, rather than data privacy
don’t think this is accurate, the software is just an integrated platform to help solve data protection challenges faced by organisations
Don’t think this is accurate.
