The EU is tackling cyber security through technology investment, awareness, and stronger business defenses.
Cyber security is a critical issue that has captured the attention of many world leaders. The European Union, in particular, is making significant efforts to address this challenge by focusing on education, training, and on fostering a culture of increased awareness about cyber threats.
The EU's strategy emphasises the importance of not only investing in advanced cybersecurity technologies but also empowering individuals to protect their personal data. Businesses are encouraged to enhance their cybersecurity measures and defence mechanisms against potential cyberattacks, creating a robust framework that combines technological solutions with human attention.
Future proof solution to safeguard private data
Navigating the complexities of cybersecurity, understanding best practices, and adhering to regulations while maintaining customer focus can be intimidating for many businesses.
At Partisia, a global pioneer in Multiparty Computation (MPC) technologies, we offer a groundbreaking approach to keeping your company’s data secure.
Unlike traditional Privacy enhancing technology methods, MPC employs multiple parties to collaboratively secure data. This process involves breaking down data into smaller calculations that can only be reassembled when all parties work together. Consequently, a cyber criminal would need to infiltrate numerous systems simultaneously to access the complete data and at the same time, in different parts of the world, significantly enhancing security.
Digital Transformation Amplifies Cyberattack Risks, Highlighting Need for Robust Cybersecurity
In today's rapidly evolving digital world, businesses across all sectors are embracing digital transformation. This shift not only streamlines operations and enhances efficiency, but it also exposes companies to a new and growing threat: cyber attacks.
A cyber attack occurs when cyber criminals infiltrate a company's network, computer systems, or devices to steal, expose, alter, or destroy data. These attacks are becoming increasingly sophisticated, targeting businesses of all sizes and sectors. The motivations behind these attacks vary, but the impact is universally damaging, often leading to significant financial losses and operational disruptions.
One of the most common forms of cyberattacks is ransomware. Ransomware is a type of malware that encrypts a company's data or locks users out of their systems until a ransom is paid. Statistics reveal that every 14 seconds, a business falls victim to a ransomware attack. Despite enhanced cyber security measures, the prevalence of these attacks continues to rise.
Ransomware doesn't discriminate; it affects both public and private entities across various industries. The consequences of an attack can be devastating, resulting in substantial financial losses, reputational damage, and severe operational disruptions. This makes safeguarding data and systems against such threats paramount for all businesses.
The digital transformation has led to a world where almost all industries rely on computers, smartphones, and cloud services for data creation, storage, and usage. Businesses that once relied on paper records and manual processes have fully transitioned to digital operations. This evolution underscores the critical need for robust cybersecurity measures to protect sensitive company data from cyber threats.
Cyber security with the Partisia Platform
Partisia's innovative approach to cybersecurity through MPC technology represents a significant advancement in data protection. By adopting the Partisia Platform, companies not only strengthen their defences against cyber threats but also create an environment where privacy, security, and collaboration thrive in the digital age.
Furthermore, the Partisia platform isn't just protecting your data, it also fosters trust among partners and stakeholders by enabling secure data-driven collaborations. No matter what industry your company operates in: e.g. finance, healthcare, or research, our platform empowers organisations to innovate and leverage data insights while adhering to strict regulatory requirements.
In other words, Partisia Confidential Computing lets you analyse encrypted data without breaking any privacy rules or regulations. This platform empowers your organisation to safely and confidently use sensitive information for valuable insights and decision-making, ensuring complete data protection and compliance.
This paradigm shift ensures that businesses can securely empower data, leading the way for a future where digital innovation and data privacy coexist.
Want to know more about enhancing your company's cybersecurity and ensuring compliance? Contact Karen, one of our Business Developers, and have a talk about how we can help.
