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Performing regular network audits, keeping software up-to-date, and keeping abreast of planned software retirements can help businesses and organizations eliminate this source of risk. Schedule one now if you haven’t performed a network audit in a while (at least six months). Planning to Retire Older Software Applications.
Tim Golden, Compliance Scorecard Intensified Regulatory Enforcement and Fines Regulatory bodies are expected to increase enforcement of cybersecurity laws, such as CMMC and FTC 3.14, with a focus on stricter audits and leveraging mechanisms like whistleblowing. Cyber Liability insurance will increasingly require a privacy audit.
Today, organizations are having a one-to-one mapping between source clouds and data backup, and disaster recovery sites lead to multiple standard operating procedures and multiple points of data thefts along with inconsistent recovery SLAs.”
With these strategic advantages, the global hybrid cloud market is projected to reach $262 billion by 2027. Establish continuous cost optimization Conduct regular audits and enforce structured reviews to adjust spending based on evolving business needs and usage patterns. IBM, The Cost of a Data Breach , accessed February 2025.
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