IT sector across the world is witnessing radical changes owing to technological advancements such as cloud-based services and solutions. This has made it convenient for businesses to manage their day-to-day business communication and activities over cloud servers leading to less use of storage space on devices such as desktops, laptops or smartphones, and centralization of data.
The growing emphasis of the businesses on reducing the cost and accelerated diversion to more agile solutions has elevated the cloud computing market. Furthermore, it enable user to focus over business effectively. The most encouraging factor for the development of cloud business email market is its easily accessibility, speed, and collaboration. Another factors boosting the growth of cloud business email market include reduced burden of IT staff, backup and archiving of emails.
Major giants like Google, IBM Corporation and Microsoft Corporation are the market leaders in the cloud business email market and are investing into cloud business email market due to increasing demand from various industry verticals like healthcare, BFSI, manufacturing, IT & telecommunication among others. Increasing need for real time computing of applications is one major factor fueling the growth of cloud business email market. Google also offers advanced security features and provides great functionality.
The IT industry across the globe is witnessing revolutionary changes owing to the proliferation of advanced and innovative technologies that are fuelling global market growth. The advent of cloud in every aspect of business has made it convenient for enterprises to manage their day-to-day business activities, including business email solutions. Such technological advancements typically first hit the IT industry in North America, making the region the front-runner of all things technology.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.