An anonymous reader shares a report: By the end of 2021, cybercrime is expected to cost the world $6 trillion. And by 2025, this figure will climb to $10.5 trillion, according to Cybersecurity Ventures. There’s been a rash of recent high-profile cyberattacks, including Colonial Pipeline, the SolarWinds breach, and JBS USA. That’s perhaps why 80% of senior IT employees believe that their companies lack sufficient protection against cyberattacks, despite increased security investments made in 2020.
To address the challenges, Google today at Google Cloud Next 2021 debuted Work Safer, a program to help organizations, employees, and partners collaborate in hybrid work environments. It also unveiled a new security-focused task force — the Cybersecurity Action Team — and a security and resilience framework, in addition to enhanced security capabilities in Workspace. The announcements come after research showing that companies want cloud providers to increase their security efforts. According to a a recent Tripwire survey, while the majority of enterprises believe that public cloud providers are doing enough to ensure security for users, it’s “just barely adequate.”