In today’s world, cloud computing technology is growing at an increased speed. For this reason, businesses are also growing their operations for improved scalability and better performance. Nonetheless, due to this increase, the threats and security challenges are also increasing.
Let’s get to know more about cloud computing in this post. We will discuss many important facts and list the top statistics and trends in cloud hosting security. So without any further ado, let’s get into it:
Top 6 Cloud Security Statistics
- 80% of companies do not have a proper cloud security team, as accepted by themselves.
- Quoting a Statista report, over 60% of companies fear their sensitive data loss or leakage.
- Although businesses are working to improve their security standards, there was a massive 60% increase in DDoS attacks in the first six months of 2022.
- Studies report that, in 2022, different cyber attacks affected 45% of small and medium-sized businesses.
- A Statista report reveals that ransomware hacks attacked more than 70% of organizations in 2023.
- Due to a massive increase in hacks, companies started investing heavily in security to secure their privacy and prevent risks and attacks. A Statista report has forecast that the global cybersecurity market will grow to $538 billion by 2030.
Top 6 Latest Trends in Cloud Computing You Should Know
Since attacks, viruses, malware, and ransomware were increasing day by day, it was inevitable that companies started putting more money into cloud security. During all these efforts, researchers and study groups came up with some of the latest policies that can help keep data and assets private.
We are here to discuss those policies with you. They are the six latest trending cloud security techniques in the rule book, and you need to work on them to get maximum security and control over your data in the cloud.
Zero Trust Policy
The old, traditional security models are not viable anymore. With massive advancements in cloud computing and individuals’ increasing interest in remote work and freelancing, companies are moving towards the Zero Trust model. It demands verifying everything that comes, goes, and stays in the company’s database.
It requires continuous checking and authentication of every user based on several parameters, including location, device, and working. Moreover, it allows businesses to control access to confidential data and authorized users’ lists, no matter if they are outside the boundaries.
Nowadays, the old models and policies are not enough to protect data. Companies need to utilize technology to fight off modern-day threats and viruses. And AI-driven threat detection and protection is the ultimate solution. Artificial Intelligence models can efficiently and consistently check through heaps of data to identify threats, anomalies, and detections.
It is an excellent security measure that helps companies identify and counter threats before they can harm the cloud system or its contents. It is the best and most cost-efficient technique for companies to safeguard the cloud computing infrastructure.
Multi-Factor Authentication (MFA)
Although passwords offer strong security, they are not enough to save a company from the hands of hackers. In today’s digital age, companies and individuals need Multi-Factor Authentication or MFA. It adds extra security layers, which can be any identification method such as a password, a smartphone, or biometric data. MFA helps keep unauthorized users at bay and lowers the risk of attackers breaking in and stealing your corporate data.
Although most attacks happen when data is at rest or moving, it is also at risk when in process. Protecting data in memory is also important, and for that, companies utilize confidential computing. It encrypts the data in memory and processes but still allows cloud providers or you to work on it.
Identity and Access Management
Identity and Access Management, or IAM, is another important part of improving cloud security, which involves using additional techniques and policies, for example, adaptive access control, which reads the user’s workings and behavior. It gives information in real-time helping to detect behavior that may look suspicious and therefore prevent attacks.
Security is also the next big trend in DevSecOps. Cloud Shielding; this fastens the deployment of cloud servers without endangering security or permission by adding protection protocols into the system. Building and implementing integration processes is not easy, as it requires the efforts of developers, the IT operations team, and security handlers.
The most recent statistics and technological advancements are now forcing organizations to become more security conscious by increasing their security budget as well as applying the much-needed necessary securities. This will go a long way to keep the confidentiality of information and reduce cases of cyber threats. In addition, given that day-by-day workflow can neither be decelerated nor stopped altogether, the IT team has to ensure its orientation towards the latest technology that could facilitate the process.
By keeping up with current market demands, trends, and metrics of cloud security, you will assist in upgrading the level of your security parameters and will let you uncover and preclude possible threats prior to their implementation.
So, get used to these trends and increase the level of your security.