When it comes to migrating data, applications, and infrastructure to the Cloud – or, even, beyond the completion of this process – the importance of ensuring cloud security cannot be understated. Indeed, this year, 53% of organizations have identified cybersecurity and risk management as their top priority for investment, with the global cloud security market expected to grow to $12.6 billion (from $5.6 billion in 2018) by 2023.
But how do we understand ‘cloud security’?
Cloud Security and Cybercrime
Cloud security (or cloud computing security) can be defined as the process, or strategy, of protecting cloud computing environments, applications, data, and infrastructure, from both external and internal threats, by utilizing a range of controls, technologies, policies, and services. This is a fundamental consideration as organizations move to the Cloud, with the formulation of a robust cloud security strategy necessary to address the constantly shifting standards of cybersecurity.
Though cloud computing is widely considered as possessing more advanced security than on-premise computing, the increasingly evolving nature of cybersecurity threats, particularly following the Covid-19-inspired global shift to remote-based work, cannot be ignored. This has been reflected by the significant costs of data breaches, with the global total cost averaging at $3.86 million per breach in 2020 and rising to $7.9 million for companies in the U.S. (2019) that initially detected the breach after an average of 196 days. The healthcare industry, in particular, remained the worst-hit industry, with average data breach costs at $7.13 million.
In short, preparing the most appropriate cloud security solution, is an absolute must for companies looking to prevent various threats (for example, unauthorized access and DDoS attacks), protect client privacy, and build revenue. Failing that, security breaches can result in significant losses, not least of all to an organization’s competitive edge in the long-term.
However, despite an exponential increase in cloud security spending, almost 60% of IT and security professionals have expressed concerns in relation to their ability to ensure the security of their organizations’ cloud-based services, according to a 2020 Firemon report. With IT departments short of critical expertise, and cybercriminals taking advantage of the disarray caused by the Covid-19 pandemic, where does this leave those looking to effectively safeguard their operations on the Cloud? Step in SecOps.
SecOps Services – Keeping Your Business Secure
Similarly to the process of cloud migration – in accordance with the shared responsibility model – businesses and organizations must also prioritize a multi-faceted security strategy, in order to ensure the security of their data and infrastructure within the Cloud. Though cloud providers like AWS provide exceptional standards of cloud security, such shared responsibility, between provider and user, can be cumbersome and risk-laden, on the business’ end, for several reasons:
• IT and security talent shortages
• Innovation outpacing security
• High volume of security management tasks
• Outgrowing security solutions
There is no shortage of tasks when it comes to cloud security, which can quickly overwhelm an organization’s IT department, leaving little time or resources for the critical innovation necessary to get ahead of the competition.
SecOps, in this regard, may offer the best possible solution. Indeed, with cyber attacks on the rise, there comes a need not only to plaster over known vulnerabilities but also to adopt a proactive methodology of automated security management that allows your organization to operate securely without compromising on performance and innovation.
Why Choose VUSE Security?
VUSE can offer extensive expertise to empower your organization by delivering comprehensive cloud security solutions and strategies tailored to your business objectives:
1) Scalable security capabilities: customizable SecOps services that are built to enhance productivity, minimize risk, and meet your organization’s needs.
2) Security automation: ensuring that your company systematically meets and upholds compliance, regulations, policies, and standards.
3) Threat intelligence: utilizing automation to proactively identify, remediate, and respond to threats, misconfigurations, and vulnerabilities.
4) Performance analytics: keeping your business up-to-date with real-time dashboards and reports guided by over 50 security KPIs.
Whether you are considering migrating to the Cloud or have already begun your cloud journey, VUSE will ensure that your digital transformation investment succeeds. Get in contact to learn more about how VUSE can help optimize your cloud security today!
