2023: IT Security Breaches Will Make Or Break Businesses – Taylor

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2023: IT Security Breaches Will Make Or Break Businesses – Taylor
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Business Feature 2023: IT Security Breaches Will Make Or Break Businesses – Taylor

Europe is still in a recovery state from the pandemic, and other macro-economic pressures such as energy shortages and soaring inflation rates are threatening how businesses can invest and grow. The tech industry has ultimately felt the crunch, with 12,000 tech jobs already being lost worldwide, the market is becoming increasingly more volatile and unpredictable.

Organisations must ensure data is secured when employees leave the business, and that it has not been transferred onto personal devices. Yet, according to our recent research, only 18 per cent of IT decision makers say they are able to track information across the full lifecycle. In response, businesses should increase visibility across their data journey, so organisations can identify when employees are printing and sharing information beyond company defences.

Ultimately, legislation has moved faster than many organisations can keep up with, particularly alongside the challenge of managing and executing IT security in a hybrid environment. In 2023, regulations will only become tighter, and organisations will be held up to increasingly higher scrutiny.Aliko Dangote again retained his position as the richest man in Africa, the Forbes Annual exclusive billionaires 2023 ranking has shown, with only three Nigerians making the list.

Meanwhile, Mike Adenuga, chairman of Globacom, was ranked third in Nigeria with a fortune of $5.7 billion. He was replaced as the second richest man in Nigeria by Abdul Samad Rabiu, who now has a fortune of $7.4 billion.

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