“Losses from cybercrime are expected to rise from $8.44 trillion in 2022 to $11 trillion in 2023.”[1]
Recognizing the critical role of cloud computing and cloud data storage in modern infrastructure, the US Government has taken proactive steps to enhance cloud security and minimize cyber-attack threats. While safeguarding their own cloud environment
Safeguarding Data Integrity in Healthcare, private companies are collaborating with US Government to manage these threats effectively. Here is current list of some of the key initiatives at a high level:
Cloud computing has transformed the IT landscape and empowered businesses with unprecedented scalability and flexibility. However, it is crucial to acknowledge the inherent vulnerabilities that come with this technology. The US Government’s proactive approach in collaborating with the private sector is instrumental in fortifying cloud security and minimizing cyber attack threats. By implementing best practices, adhering to cybersecurity standards, and promoting information sharing, both the public and private sectors can create a more secure cloud ecosystem that protects sensitive data and fosters innovation.
[1] https://www.weforum.org/agenda/2023/06/us-china-cyber-espionage-campaign-cybersecurity-news/
[2] The latest national cybersecurity strategies announced by Biden Administration for the year 2023 can be found here.