PRESS RELEASE
MINNEAPOLIS, April 2, 2024 – According to a study published today by TAG Infosfera, Inc., a leading cybersecurity research and consultancy firm. The report, conducted in collaboration with CrashPlanhave identified the ever-increasing potential for ransomware attacks, the frequent misuse of cloud collaboration tools as backup substitutes, and an over-reliance on manual policies as a chain breaker for current enterprise security setups.
For the study, TAG interviewed a group of CISOs and security professionals and the key findings were clear: the vast majority (93%) of IT and cybersecurity teams lack confidence in the policies they have in place to protect their company data. Additionally, respondents recognized the likelihood of a major data breach through an employee endpoint.
“We were surprised to learn that as many as 71% of respondents responded that they would not be surprised if they suffered a major data breach on their PCs and laptops. If the question was expanded to include that they might be surprised, the number would have grown to 86%,” said Dr. Edward Amoroso, CEO and founder of TAG Infosphere. “This is important because it implies that there is a serious risk in this area. If so many CISOs weren’t surprised if something bad happened, then that would be a problem.”
TAG introduces the MEAD (Malware, EDR, Analytics and Data) framework to modernize endpoint security. Central to MEAD is the adoption of endpoint backup solutions as a key measure to improve cyber resilience. The report advocates endpoint backup to reduce risk to data on endpoints, detailing how this strategy safeguards data from hardware failures, user errors, and cyber threats.
“New cybersecurity technologies are introduced every year, but data breaches continue to occur,” said Todd Thorsen, Chief Information Security Officer at CrashPlan. “The reality is that working habits have changed. Most companies now have a hybrid working model and this has highlighted how ineffective manual policies are when it comes to protecting endpoint data. To improve resilience, you simply cannot lose sight of the foundations. Despite new tools and technologies designed to identify, detect and protect against bad actors and malicious activity, breaches will continue to occur. That’s why having strong backup capabilities and data resiliency is critical for effective response and recovery.”
CrashPlan offers a cloud-native platform designed to address the aggregate risk associated with data stored on endpoints within organizations. It offers a comprehensive backup and data protection system that safeguards valuable business data from loss, theft or accidental deletion. Companies of all sizes, across all different business sectors, are using CrashPlan today to ensure a more robust approach to data protection and resiliency.
About CrashPlan
CrashPlan® enables organizational resilience through secure, scalable, and straightforward endpoint data backup. With automatic backup and customizable file version retention, you can recover from any data disaster. What starts as endpoint backup and recovery becomes a solution for recovering from ransomware, breaches, migrations and legal lockouts. So you can work without fear and grow with confidence.
About Tag Infosfera
TAG is a trusted research and advisory firm providing cybersecurity, artificial intelligence, and climate science insights and recommendations to thousands of business solution providers and Fortune 500 companies. Founded in 2016 and headquartered in New York City, TAG bucks the trend of pay-for-play research by offering unbiased, in-depth guidance, market analysis, project consultancy and personalized content, all from the professional’s perspective.
About Dr. Edoardo Amoroso
Dr. Ed Amoroso is currently the CEO of TAG Infosphere Inc, a global research and consulting firm that supports enterprise cybersecurity teams and commercial security vendors around the world. Ed recently retired from AT&T after thirty-one years of service, starting in Unix security research and development at Bell Labs and culminating as Senior Vice President and Chief Security Officer of AT&T from 2004 to 2016.
Ed has been a research professor at New York University’s Tandon School of Engineering since 2017. He has also been an adjunct professor of computer science at the Stevens Institute of Technology for the past three decades, where he has introduced the topic to nearly two thousand security graduate students informatics. Ed also serves the Johns Hopkins University Applied Physics Laboratory as a senior advisor. He is the author of six books on cybersecurity and dozens of leading technical and research papers and articles in leading peer-reviewed publications.