Recent cloud security survey shows that even though businesses have increased their awareness on security threats, 19% still experienced a data breach, with account hijacking being the top attack method.
Recent events like the SolarWinds breach are stark reminders that to safely migrate operations to the cloud, organizations need to have a thorough plan ahead of time that is centrally focused on governance and security.
Ransomware attacks and cloud security are two of the most persistent cyber defense issues today. CISA is taking a major step in expanding public-private partnerships with a new initiative.
While financial services firms are approaching cloud security similarly to other industries and share the same concerns, they are being held to more stringent compliance regulations for privacy and data protection. They are also at higher risk for threats waged by opportunistic, money-motivated cybercriminals and nation-state hacktivists.
Cloud computing has evolved rapidly and brought new risks to cloud security. Companies need to find ways to securely use multiple cloud services and applications.
Compliance requirements do not always reflect the complexities of new cloud systems or indicate where problems with traditional security approaches do not work as well for cloud security.
In many ways, the benefit of cloud computing is also its main drawback. How can organizations keep their IT environments secure while leveraging the full benefits of a cloud-native approach?
Most businesses are concerned about cloud security. However, only a few adopted specialized online cloud security capabilities, while the majority were using inappropriate tools.
By next year, analysts expect that over 78% of firms will choose hybrid infrastructure over alternatives, due to better control over downtime, on-prem hosting and private data centers, simpler configuration, and reduction in costs.
Nearly 100% of companies suffered at least one data breach in past 18 months. Most cited inadequate identity management and the lack of visibility as the major cloud security threat.