Travel back in time with us to explore the captivating history of cybersecurity. Our blog series is your gateway to the evolution of digital security, from its humble beginnings to today’s complex landscape.

Recent research has revealed that 25% of companies that had selected a public cloud have been the target of data breaches, while the total number of security-related events in 2021 had already surpassed, by September, the previous year’s by 17%. Cloud security is a daunting task, mainly due to the challenges inherent in its implementation.

In the Cyber era, the most valuable asset of any organization is not just their cutting-edge technology, but their employees – the human element that can make or break cybersecurity defenses.

Organizations choose to fully or partially migrate their operations to the cloud as it provides resilience, elasticity, and a reduction in their total cost of ownership.

As cybersecurity threats become more frequent and sophisticated, businesses in Greece are facing greater challenges in safeguarding their valuable assets. Over the past quarter, there has been a high increase in cyberattacks across Greece, with various attack types on the rise, according to statistics, by Odyssey SOC, (Security Operation Center).

While “Digital Transformation” is an opportunity of paramount importance for any modern organization, as it is shaping the way businesses operate, the risks associated with it also continue to evolve. The increased complexity and dependency on the digital ecosystem, results in a new and more complex set of “Digital Risks” that organizations need to address.

Cybersecurity threats are increasing in frequency and complexity, making it more challenging for businesses in Cyprus to stay protected. In the last quarter, Cyprus has seen a surge in cyberattacks, with statistics showing a significant increase in various attack types.

The pandemic has revolutionized the way we work, and remote work has become the new norm. While the hybrid work model offers flexibility and convenience, it has also expanded the security perimeter of organizations along with Digital Transformation & Cloud Adoption, making organizations more vulnerable to cyber-attacks.

The rise of smart devices and changing customer preferences has kickstarted global digital transformation which has revolutionized the way organizations operate, presenting new opportunities for growth and innovation. The pandemic has accelerated this shift to remote work, leading to the adoption of new technologies.

The rise of cyber-attacks against public and private entities in Cyprus is a growing concern that is not expected to abate anytime soon. Cyber criminals are not just targeting large organizations, but also smaller ones, which may have weaker cybersecurity measures in place, making them an easier target.