KEY FACTORS OF CLOUD SECURITY

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The number of companies that are facing an imminent digital transformation is increasing. By having to migrate their critical business applications to the cloud, they are filled with doubts and slow down before the security of these management models.

Cloud computing is a model for sharing computing resources. They are characterized by their speed in the supply, management and interaction of these resources. In this way, networks, servers, storage or applications are freed from a great deal of effort.

The guarantee of the security of the data and identities is one of the main concerns of the companies, especially for the business keys that can be housed. In addition, a new European Data Protection Law means that all companies operating with any EU country are affected by the regulations.

Information technology consultant Gartner, predicted that cloud-based security services would increase by 21% in 2017, reaching a combined value of $ 9 billion in 2020. As long as the attackers improve their strategies and robberies, companies must be aware and improve their security capabilities.

Thus, the CIOs and IT managers are the security of the company’s systems. They must be committed to the constant evaluation of business security levels and be aware of the latest technology.

The attacks will be increasingly advanced so you have to prepare with the right technology and must know the key considerations of cloud security.

SECURITY BREACHES IN THE CLOUD

In 2016, more than 160 large security breaches were registered in relevant companies in Spain. This meant an expense of 9.5 million dollars (Dealerworld, 2017).

Today, more than ever, the protection of connected devices and the identities with which people access different applications is necessary. In addition, one of the main problems that managers face is that the attack vector transforms and changes rapidly.

In addition, migration to the cloud is already a fact, so the demand for increasing security levels in that space is growing. For this reason, it is established as one of the markets with the greatest opportunities.

Three main features that make companies consider their safety:

  • Vertiginous growth of cyber-attacks on companies
  • Data theft
  • Vulnerability Increase

SMALL AND MEDIUM ENTERPRISES UNDER THREAT

There is a false belief in the world of digital security that cyber-attacks only occur to large organizations. But this is not entirely true, because the security market has seen a boost due to small and medium enterprises. What clearly marks the tendency to demand security protocols that can respond to the risks of both small and medium-sized companies and large organizations.

In 2017, cloud-based security services aim to achieve  global growth of $ 5.9 billion  according to Gartner. This data is very relevant since it would place the cloud security market above the total information security market according to the specialist magazine Dealerword.

Another important point to highlight is that start-up companies such as SMEs or startups demand agile solutions with simplified features. They are looking for solutions with attractive delivery models that offer adequate security for their business models.

Thus, not only solutions that respond to the main security risks in the cloud are needed, but intuitive platforms with usability characteristics that respond to the demands of new markets are necessary.

In summary, we can list three key factors that increase  companies’ concern for cloud security :

  • Threats to business security increase
  • Business personnel demand improvements in management services
  • Higher operational and cost benefits.

The key factors that we have summarized in three points are the different risks associated with cloud solutions. If you work with a correct and personalized cloud security strategy, we can reduce these risks.

Hattie B. Trosclair

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