In the rapidly changing world where organizations are more susceptible to cyberattacks than ever, complete cloud security is the only way to deal with outside attacks that may harm a company’s integrity and finances. Here are five cloud security trends to watch out for in 2019.
Be it launching a website getting funding for a startup or creating a simple online website that requires basic information of a user, the first thing you need to consider is to invest in complete cloud security. In the last decade, cloud security technology has evolved rapidly, incorporating several groundbreaking technologies, such as artificial intelligence (AI), internet of things (IoT), the blockchain, and machine learning.
According to Allied Market Research, the global cloud security market is expected to $8.9 billionOpens a new window by 2020. **Unpredictable threats, such as data breaches, data loss, and insecure application programming interfaces (API) can crumble the finance system of a company and increase a legal headache, which in turn, boosts the growth of the cloud security market.**
We are familiar with the concept of cloud computing. However, cloud security and compliance are still hard to digest and are often neglected when an online platform is launched. While the market players are investing most of their money in technological advancements, sales, and marketing; intricate issues like what software-as-a-service apps do, where is the data stored, and how is the data being protected â€“ remain unanswered.
In fact, experts believe that over the next two years, every business organization will have to increase its overall budget to secure its data and protect the very existence of the organization. Thus, there are the top cloud security trends in the market and guidelines to bypass them.
1. BYOD Threats
The craze of â€œbring your own deviceâ€ (BYOD) has bewitched several enterprises and devices, incorporating IoT technology, which still is not secure enough. While BYOD phenomenon offers remarkable convenience, personal data becomes vulnerable in the process.
Moreover, incorporation of IoT devices that have almost next to zero inbuilt security system tends to increase the security risks, which would continue to rise in the coming years. This offers cloud security the utmost importance.
2. Continuous Monitoring
Security does not just mean investing in a software, it’s a 24Ã—7 ongoing process of reviewing, assessing, and fostering the cloud security protections. In the coming years, it would become a mainstream strategy for business firms to redefine how they evaluate the threat of cybersecurity.
Continuous real-time assessment of risks in the IT department helps organizations make informed decisions about their security guards.
3. Insider Attacks
Intentional or unintentional, insider misuse or human mistakes are the prime reasons behind most of the data breaches, which signifies that even though the company’s defenses are robust, these mistakes make every security defense insufficient.
Employees are the biggest threats to the company’s data than any outsider hackers. Organizations often become helpless against these breaches. In fact, such data breaches usually take months or years to discover, increasing the challenge of securing the company’s integrity and security. The only remedy to this risk is to shift focus to insider threats and ensure what employees do in their critical system.
4. Advanced Analytics
Security solutions, such as security information and data loss prevention (DLP) tools, are now widely used worldwide. These solutions create a colossal amount of data, making it extremely critical to spot data breaches. Thus, to gain exact knowledge about the data breaches across IT environment, organizations opt for advanced analytics tools that can efficiently flag threats to sensitive data.
5. Blockchain to the Rescue
Developed solely for cryptocurrencies, blockchain now finds applications in cloud security. It has now become the most effective way to deal with cybercrimes as data is stored in a decentralized and distributed manner.
This prevents data from external hacking and helps organizations to protect data, as other participants in the blockchain network would detect if any breach occurs. In fact, blockchain could be regarded as the biggest technological leap in cloud security so far, especially for highly regulated industries and law firms.
To sum it all, safeguarding the company’s integrity and data security is the toughest job as every technological advancement in the world could be used against the company. Moreover, if at all, companies want to prevent the future cyberattacks or data breaches, they need to take cloud security seriously.