TD SYNNEX announced the launch of a new fraud defense solution integrating Microsoft Azure services for small and medium business (SMB) customers during a time of increasing threats within cloud environments. The SMB Fraud Defense Click-to-Run™ solution elevates security postures and reduces potential risks in day-to-day cloud operations through phishing prevention, proactive alerts, warning signals, and more. The solution integrates Microsoft Azure Active Directory, now part of Microsoft Entra, empowering them to enforce Conditional Access policies to help organizations better control how users access corporate resources.

It also enables organizations to take advantage of Azure built-in cost management features. Cyber and security threats are on the rise, with a 2022 cybersecurity benchmarking study unveiling that 29% of CEOs and CISOs and 40% of chief security officers admitted their organizations are unprepared for a rapidly changing threat landscape. Cybercrime is globally impacting organizations regardless of industry or company size.

A 2022 KPMG survey found that 62% of companies in the Americas experienced a data breach or cyber incident in 2021. Additionally, according to IBM's 2022 Cost of a Data Breach report, the global average cost of a breach has reached an all-time high of $4.35 million, and small businesses spend an average of $955,000 per attack to restore normal operations.