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Cloud Archives - Sound Computers | Westbrook, CT

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Cloud file storage revolutionized the way we handle documents. Gone were the days of needing to email files back and forth. No more wondering which person in the office has the most recent copy of a document.

Between 2015 and 2022, the percentage of worldwide corporate data stored in the cloud doubled. It went from 30% to 60%. A majority of organizations use cloud storage of some type. Typical services include OneDrive, Google Drive, Dropbox and others.

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Stolen login credentials are a hot commodity on the Dark Web. There are prices every type of online account from banking to social media. For example, hacked social media accounts will go for between $30 to $80 each.

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Watch Out For Ransomware In The Cloud!
Last year, the REvil cybercrime gang ruined the Independence Day Holiday for hundreds of American businesses after successfully launching a ransomware attack. The attack forced hundreds of companies to close temporarily. REvil demanded a ransom of $70 million to unlock their files.

This attack isnt a one-off. Ransomware is a growing threat to businesses across America. Research shows that cybercriminals launch roughly 4,000 ransomware attacks per day and that number is set to increase with the rise of ransomware-as-a-service. 

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What's Happening in Cloud Data Storage? Trends to Watch For

Cloud storage has really come into its own in the last few decades. Although this technology has been around since the late 1990s, it has only recently been adopted by the masses. Today 94% of companies use cloud technology and around 50% of all corporate data is stored on the cloud.

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It is a scary thought. The analyst firm Gartner 
predicts that a whopping 99% of cloud security breaches will be the customer’s fault by 2025. This means that cloud providers (like Amazon, Microsoft and Slack) are doing an excellent job at keeping their platforms secure but their clients (businesses across the globe) are failing. 

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It is no secret that the cloud is the future of business operations. Gartner predicts that global spending on cloud services will reach over $482 billion in 2022. That is up from the $313 billion in 2020.

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Microsoft announced its brand new Windows 365 in early August. This is a cloud-based computer designed that capitalizes on the new hybrid workforce and the rise of remote teams.

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Cloud jacking is a real threat and 2020 was an active year for cybercriminals. Almost every attack metric imaginable skyrocketed as hackers took advantage of the disruption caused by the pandemic. Companies were scrambling to facilitate an at-home workforce which means that they didn’t always put security first when adopting cloud tools.

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Over the last decade, businesses have been going through a transition to the cloud. Some have been adapting faster than others, but most organizations have realized that the cloud is the future of any type of optimized and resilient business operation.

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The cloud is now the standard for business computing and there are what seems like an endless number of cloud services to choose from. This can be an advantage. However, it can also have some drawbacks.

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