eBooks/eGuides

Ransomware has proven to be a very lucra ve business model for bad actors. The more lucra ve it becomes for the cybercriminals, the more challenging it becomes for legi mate organiza ons to overcome the volume, sophis ca on, and impact of these a acks. And as today's businesses double-down on SaaS-based solu ons, many ransomware gangs are following the data, se ng their sights on exploi ng invaluable SaaS apps, like Microso 365. Growing sophis ca on Bad actors have taken their technical prowess to the next level. What was once a lone wolf prac ce has emerged as a new network of digital organized crime. Bad actors not only understand your data's value but are now employing sophis cated measures and technologies. Ransomware-as-a-service, automa on, and orchestrated a acks have become the norm and more effec ve as they mine for and exploit security loopholes in systems and so ware used to run your business. In other words, cybercriminals are advancing their business prac ces looking for the best return on their investment. 300M+ a acks were a empted in the first half of 2021, with over 100 new strains circling the globe. 5 A new focus But not only have a ack schemas changed, but their targets have as well. As today's businesses con nue to pour their dollars and data into newly deployed SaaS applica ons, cybercriminals focus their efforts on these data-rich cloud pla orms. In fact, a recent report 3 confirms this reality, finding that SaaS apps were the latest target while also no ng a 4x increase in vulnerabili es specifically ed to ransomware. And, with such a large customer base to mine, Microso Microso 365 con nues to be the top target for phishing campaigns and other ransomware a acks. 4 Sophis ca on, Focus, Volume—and Impact Introduc on Microso Microso 365 has become the central driving force for borderless collabora on, increased produc vity, and facilita ng new remote workforce models. And with nearly 300 million paid Microso 365 users and 22% quarter- over-quarter growth, it's not going away any me soon. 1, 2 But as more organiza ons standardize on Microso 365 to facilitate day-to-day opera ons, cybercriminals are following them there. Unfortunately, bad actors understand how ghtly today's organiza ons are ed to Microso 365—and the widespread impact a successful breach can have on opera ons. Employees, sub-contractors, and some mes even trusted partners need access to emails, documents, file repositories, departmental workspaces, virtual mee ng rooms, and more. Without access to cri cal Microso 365 data, many businesses would fail to collaborate and generate revenue. Without Microso 365, many organiza ons would fail to stay produc ve. As cybercriminals turn their focus to exploi ng SaaS applica ons, this eBook uncovers the risks in today's environment, explores considera ons for Microso 365 data protec on, and determines the best ways in which data management- as-a-service (DMaaS) can mi gate those concerns.

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