Brazil leads the ranking of countries with the highest rate of data breaches, according to a study
Photo: Monica Andrade
*By Waldir Bertolino
You must know someone who has been a victim of digital fraud. Chances are, you yourself may have had a bad experience with a breach of your personal data. There's no forgetting the Facebook data breach in 2018 that hit nearly 30 million users worldwide. As the scenario of cyber attacks proliferates, whether by cell phone, tablets or even false links that arrive via email, the way in which criminals are able to find security holes in digital environments is becoming increasingly sophisticated. But, in addition to people, companies are also vulnerable to the risk of fraud and the costs are very high.
According to the “Cost of a Data Breach 2022” study, and released by IBM, 83% of organizations around the world have already been impacted by a data leak since the beginning of their operations. Meanwhile, the country with the fastest data breach growth rate in recent years was Brazil, costing an average of R$ 7 million, which represents an increase of 27.8% compared to last year.
However, the costs are lower compared to the damage in terms of reputation and image for the brand. This is because today's corporate world is moving at a fast pace towards a more open and connected business format, where the exchange of information within an ecosystem that includes suppliers and partners is increasingly necessary to ensure business success. On the other hand, maintaining a secure data network has become even more difficult.
cloud security
One of the alternatives to overcome this challenge is to migrate business management to cloud software. Cloud technology offers security protocols that ensure that data is stored and handled as confidently as possible. The main cloud computing providers in the world have state-of-the-art protection features, such as authentication, access control and encryption, which prevent unauthorized sharing or leakage of information.
Moving to a cloud provider can allow an organization to isolate and protect valuable data on its internal networks. This is a big advantage, precisely because it keeps information protected from external users, who will never need to connect to the organization's internal network, avoiding greater vulnerability risks for the company.
LGPD Ally
Cloud computing also serves to help companies with the adjustments imposed by the General Data Protection Act (LGPD). By using cloud computing services, companies will be able to count on technological solutions that allow detecting and avoiding the most diverse types of scams. Thus, companies guarantee the total preservation of their data, because even if they are intercepted by criminals, they will be unavailable to third parties.
As a true ally of the LGPD, the cloud will be important to eliminate any chance of data breaches in your company, reducing losses with fines and sanctions for non-compliance with the new law, which can cost up to 2% of the organization's revenue, limited to R$ 50 million per infringement.
The cloud, as we have seen, has powerful and reliable security mechanisms that mitigate the risk of vulnerability to your company's data. Therefore, I reinforce that a good security strategy needs to go beyond the basics of “where the data is” and must promote a new Zero Trust approach based on an IT infrastructure truly committed to ensuring business continuity in a safe and threat-free way .
*Waldir Bertolino, Infor Country Manager in Brazil
Notice: The opinion presented in this article is the responsibility of its author and not of ABES - Brazilian Association of Software Companies
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