As our world becomes increasingly technologically advanced, so do cloud security trends and cloud-based computing systems. There was a point when businesses were skeptical about storing sensitive company information on something they couldn’t physically see or touch, but what about now?
The incredible expansion and widespread availability of cloud solutions have pushed virtually every modern business to adopt some form of cloud security via a cloud security service provider. This increase in cloud usage came with its own set of challenges: access management, protection and visibility.
So, how can a business efficiently manage the use of multiple cloud-based platforms and protect company data from hackers and various forms of cyberattacks? Interest in cloud security trends is climbing as businesses of all sizes seek to manage complex IT systems involving cloud-based services and protect their applications, networks and data.
What Exactly Is Cloud Security, and Why Is It Trending?
Cloud security protects cloud-based data, applications and virtualized IP or network infrastructure from being vulnerable to cyberattacks and other related cyber threats. The data-storing process has shifted from traditional on-premise solutions to the cloud at a rapid pace.
Gone are the days when company information was stored in a singular location. Now, you simply need an internet connection to access company files. This new way to manage and protect data has increasingly become a necessity, thereby causing cloud security trends to move to the forefront.
How Do Cloud Security Trends Apply to My Business in 2023?
As cloud security trends increase, so does the level of cybersecurity needs for businesses. The cloud cybersecurity market is growing rapidly: In 2017, it was valued at less than $5 billion. In 2022, that number is expected to fall just shy of $13 billion, according to a trending MarketWatch report.
“By 2023, 40 percent of all enterprise workloads will be deployed in cloud infrastructure and platform services (integrated and standalone), up from 20 percent in 2020,” this VentureBeat article reports. The same article notes that “spending on information security and risk management products and services is forecast to grow 11.3 percent to reach more than $188.3 billion in 2023.”
Cloud-based services are operated and accessed remotely, therefore companies must track who accesses what information, manage user identities and privileges, and continuously monitor networks to protect against suspicious activity. Cloud security trends, like zero trust cybersecurity policies, rise as the need for cloud computing increases among businesses.
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