Cybersecurity threats are increasing in volume, complexity and impact. Yet, organisations struggle to counter these growing threats. Cyber attacks often intend to steal, damage, hijack or alter value-generating data. In this article around database security, we use the NIST framework to lay out the common controls that you can implement to secure your databases. Let’s start by discussing the potential impact of unsecured databases.
How bad can an unsecure database be?
The cost of a single data breach reached an average of $4.35 million in 2022, according to IBM’s Cost of a Data Breach report. At the same time, the number of organisations that are ready to efficiently meet today’s security risks is as low as 15%, according to Cisco’s Cybersecurity Readiness Index. Given the previous numbers, it should not surprise you that the World Economic Forum placed cybersecurity failures as the most concerning…