With the convenience of the internet comes the high risk of cybercrime — a billion-dollar industry that breached 447 million private records in 2018 alone. In fact, reports found that cyberattacks occur every 39 seconds (on average) among devices with internet access.

Cloud storage is a like a double-edged sword. It’s a reliable way to store data, and 64% of companies use it for this purpose. However, without the right security measures, it’s vulnerable to ransomware and other kinds of malware.

The news appears to confirm this.