Storage as a service (STaaS) is a business model in which a large company rents space in their storage infrastructure to a smaller company or individual. Storage as a service allows data to be remotely managed, maintained, and backed. Service level agreements (SLAs) are signed between the concerned parties to encourage this migration. The service can be accessed through any network, typically over the internet. STaaS is one among several cloud-based service offerings currently being utilized by many enterprises.
Increasing need of cloud-based storage system is a key factor to drive growth of the global storage as a service market. In addition, cost saving service, suitable methodology for handling backups, and hardware and physical space are some other factors to boost growth of the global storage as a service market. Also, growing rate of social media, mobility, analytics, cloud, and internet of things helps to grow global storage as a service market over the forecast period.
However, issues related to cloud security is a major factor to hamper growth of the global storage as a service market. Also, lack of space in data centres to deal with increasing demand for space, bandwidth limitation, and interoperability issues are some other factors expected to restrain growth of the global storage as a service market over the forecast period.
The global storage as a service market is segmented on the basis of technology and region. On the basis of region, the global storage as a service market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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.