The 2017 Annual Cybercrime Report from Cybersecurity Ventures predicts that cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. With new cyber threats and data leakage in the headlines on a regular basis, security breaches have reached crisis proportions.

The growing adoption of cloud service such as Office 365 combined with increased use of mobile devices means companies must ensure that only authorized individuals are allowed access to avoid any kind of security breach. And with the cost of data breaches  averaging $4M USD each – not including costs associated with brand reputation, compliance, and customer or end-user notifications – businesses must make certain access to the cloud is as secure as their data center  or risk regulatory and financial exposure.

IoT is exploding with printers, IP-phones, smart TVs, personal WiFi, security cameras, sensors, and other peripheral devices becoming commonplace in enterprise offices and can be easily connected to the corporate network. The security of these systems, from changing default passwords to installing patches, is often an afterthought at best – leaving most IoT devices vulnerable to attack and misuse. Typically, organizations are unaware of these devices, and the myriad ways they are connecting to their internal systems and data.