Unfortunately, IT security issues are extremely commonplace. Businesses and organizations must address the threat of cyberattacks that put their IT systems, data, and assets at risk. The consequences of IT security issues (business interruptions, financial damage, a loss of trust, etc.) can be devastating. It is therefore of the utmost importance that IT security measures be taken to minimize these risks and protect the company or organization.
Services in on-premise systems can be compromised by security vulnerabilities in apps. This is where the cloud can help.
- On-premise and cloud systems are separated, and both are unlikely to be compromised at the same time.
- The apps in use are subject to strict security guidelines and audits. For example, "Cloud Fortified" badges are available for Jira and Confluence. With such a badge, you can be sure you're getting an outstanding level of security that is difficult to achieve with on-premise systems.
This security approach is made possible by the use of cloud technology and Software as a Service (SaaS). In this article, we'll explain the benefits of the cloud and SaaS in terms of IT security, and demonstrate how these tools can help insurance companies and organizations make their IT more resilient.
The danger of IT security issues
IT security issues can take different forms and have different effects. The most common types of IT security issues are:
- Malware and ransomware attacks: With these types of attacks, malicious software is downloaded and executed on the victim's computer. Malware programs can encrypt or steal data and force victims to pay a ransom to get their data back.
- Phishing attacks: Here, emails or messages are used to trick the victim into revealing personal information or going to a fraudulent website that steals their data.
- Distributed Denial of Service (DDoS): This type of attack aims to overload a website or network by flooding it with requests, causing congestion and making it impossible to access the website or network.
To mitigate these risks, cloud technology and SaaS have become more and more popular in recent years as they offer businesses and organizations numerous benefits that can help improve IT security. Some of these benefits include:
- Improved security:
Cloud service providers often implement specific IT security measures to protect their applications and systems. These measures include firewall protection, data backups, and the encryption of data transfers. By hosting their applications in the cloud, businesses and organizations benefit from these security measures and can rest assured that their data and systems are secure.
- Fast response times
Cloud service providers can respond more quickly to security threats because they often have dedicated teams working around the clock to identify and address potential threats and issues. In addition, they can often respond quickly to attacks by isolating or protecting affected systems.
- Less downtime
Cloud-based applications and systems are usually more resilient to downtime than on-premise systems because they often have multiple servers and redundant systems. In the event of failures or interruptions to business, cloud service providers can quickly deploy alternate servers to keep things running smoothly.
- Access control
Cloud-based applications and systems often provide for enhanced access control by only granting users access to the information and applications they need. In addition, they can often implement monitoring functions to detect and block unauthorized access or activity.
- Less costs and complexity
By using cloud-based applications and systems, companies and organizations can reduce the costs and complexity of their IT systems. Cloud service providers often offer flexible, scalable resources that allow businesses and organizations to only pay for the resources they need. In addition, they often perform IT security-related tasks such as data backups, software updates, and maintenance, allowing companies and organizations to focus on their core business.
Minimizing security risks with the cloud
The use of cloud technology and SaaS can help companies and organizations solve and minimize their IT security issues. Cloud service providers offer special IT security measures, faster response times to security threats, systems that are more resilient against downtime, improved access control, and reduced costs and complexity. By hosting their applications in the cloud, businesses and organizations can be sure that their data and systems are secure and that they can respond to security threats quickly.
adesso insurance solutions also offers in|sure Ecosphere as SaaS. With SaaS, security benefits are also associated with enormous cost benefits compared to on-premise systems, especially for smaller insurance companies without a dedicated security department.
Download our free white paper Plug & Play - Application Landscape for Insurance as SaaS now and learn what insurance companies must consider before purchasing Software as a Service.
Want to learn more about our SaaS solutions? Feel free to contact our expert Karsten Schmitt, Head of Business Development.
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