Businesses must prioritise robust cloud security measures amid rising cyber threats, adopting proactive strategies and leveraging AI and blockchain advancements.
In Short
As businesses increasingly use cloud storage, data security is vital due to growing cyber threats. Craig Stockdale urges companies to adopt strong security measures and proactive approaches to protect sensitive information.
As more businesses adopt cloud storage, data security has become crucial due to rising cyber threats.
Craig Stockdale, Managing Director for ANZ at Wasabi Technologies, emphasises the necessity of choosing cloud storage solutions with strong security features to protect sensitive information.
Key security measures include encryption, access control, and continuous monitoring.
Stockdale highlights that Australian businesses face increased risks from cyber threats such as ransomware, phishing, and data breaches.
He advocates for a proactive security approach involving regular audits and employee training.
Additionally, businesses must ensure that third-party vendors adhere to the same security standards, supported by robust contractual obligations and ongoing risk assessments.
Looking ahead, Stockdale believes that advancements in AI and blockchain could significantly enhance data protection, providing new methods for real-time threat detection and securing data through decentralised verification.
The imperative is clear: as technology continues to advance, so must the strategies employed for safeguarding valuable data.
