Although cloud storage is a fantastic option to save and access files from multiple devices, it’s also not free of security risks. Account hijacking malware, phishing, malware, and exploiting software vulnerabilities are all examples. Data breaches and compromised credentials, in addition are also common. Hackers may use stolen data for phishing or other malicious motives. Some regions also have laws that regulate the protection of data and sovereignty more information as well as localization which affect how businesses keep personal information.
When employees share or mishandle sensitive information, the consequences could be severe for the company and its customers. Criminals are able to access or sell stolen employee or customer information, including PII health records, PII and corporate data. Businesses could face hefty fines and damage to their image that could last for a long time.
In many instances human error is the main cause of the loss of data or inexperience, for example, sharing or deleting files from the wrong folder, or using an untrusted network instead of a private when working remotely. If the device of an employee was left without guard, anyone could access it and steal the data. You can prevent this from happening by using a lockscreen on your laptop or computer, and using VPN. You can also create password-protected files to keep your private files private from being viewed by anyone else. You can also make use of features like multi-factor authentication to protect your data from theft by using two forms of ID to access your account.