Why companies are investment in cloud security

Investment in Cloud Security is growing, Cyber Security Hub Research has shown.

Cyber Security Hub Surveyed 708 Cyber Security Professionals About Cloud Security from April-May 2023, and when asks how they feel their company’s investments in cloud secrets in cloud secret Percent of Respondents said it would eather ‘slightly’ or ‘significantly’ increase.

Less than one in five (19 percent) said they thought investment would ‘slightly’ or ‘significantly’ decrease.

Source: Cyber Security Hub’s Future of Cloud Security Survey, April – May 2023

This increase in investment is likely to do with the position most companies are in Regarding their cloud security journey. For more than three fifths of Respondents (64 PERCENT), said their organization is just beginning the cloud adoption process. As this journey Progresses, Investment Will Increase.

Source: Cyber Security Hub’s Future of Cloud Security Survey, April – May 2023

When considering how to Best Roll Out Cloud Security Business-Wide, Cloud Security Architect and Cyber Security Consultant Mayank Sharma Advises That Organizations THATER SOOOOM A SOMALONDING Perspective.

“Look at what you want to achieve with cloud, which could be added more automation, Intelligent Decision-Making or Introducing Predictive Analytics. Finding this business need is perhaps the Most IS Perhaps Process. ‘Vision’ is the key document which drives all the future work, “He explains.

How and why Cloud Security Investment will increase

With Cloud Security an increase priority, investment is only set to increase. This can be seen through cyber security hub’s research, where 28 percent of Respondents said Percent of their budget is allocated to cloud security.

Source: Cyber Security Hub’s Future of Cloud Security Survey, April – May 2023

When searching for cloud Security Technology to Invest in, More than Half of the Respondents (56 Percent) Noted that they looked for the use of specialist terms like cloud secure posture management (CSPM) Workload Protection Platform (CWPP), Cloud infrastructure entitlement management (Ciem) and Cloud-Native Application Protection Platform (CNAPP). One Respondent, however, did note that they dislike when companies use these acronyms as “buzzwords” when advertising their cloud security offerings as items as it can be able confusing As to what the company’s actual offering is.

Source: Cyber Security Hub’s Future of Cloud Security Survey, April – May 2023

In conclusion, when looking for cloud security services to invest in, cyber security professionals want to ensure the services addressed are specialized to their seconds. As the Majority is at the start of their cloud adoption journey, they want to make sure these services properly address the feels unique to his security landscape. This means they are more wary of products that seem to over-premise and use buzzwords raather than demonstrate how they are able to keep an environment safe.

Learn more about how to overcome cyber security challenges by reading the future of cloud security.