The Cloud sector is growing, and the number of companies adopting cloud services to handle their data and workload is rising at a feverish pace. Increasing reliance on Cloud technologies increases the exposure of a company’s data to hackers or cybercriminals. Today hackers are becoming modern and sophisticated in their approach to breaching security. So in the light of countless incidents of security breaches and data theft to businesses every day, we will understand the different reasons why Cloud Security is required?
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Cybercrimes are increasing day by day.
The best answer to someone asking the question of why Cloud Security is required today is that facts and surveys demonstrate that the actual number of cybercrimes and illegal internet activities are peaking. Technology is advancing so quickly and in a sophisticated manner that keeping up with the pace is necessary to safeguard the platforms from unauthorized and illegal activities.
A report from (ISC)2 or (International Information System Security Certification Consortium), one of the world’s famous certification bodies in the field of Cybersecurity has revealed that 28% of businesses globally went through a Cloud Security incident in 2019. This number is before the pandemic, much before Work From Home (WFH) became the new normal. During the pandemic, the number of Cybersecurity and Cloud security incidents have shot up affecting a lot of businesses globally. That’s the reason why Cloud Security is imperative in the current context. If you are a novice to CCSP certification, then I suggest you read CCSP Tutorial for Beginners to help you gain a better understanding.
Helps prevent Security and Data breaches
With the increase in the number of Cyberattacks, the number of security breaches, and data loss incidents, are rising each day. It results in loss of data at a mass scale. According to a report from Norton in 2019, more than 4 billion records were breached in the first half of that year alone. IBM’s report demonstrates that the average cost of a security breach now amounts to USD 3.92 million. This figure will vary with company size, nature, and depth of breach. But one thing is for sure businesses get affected not just financially but also face legal and reputational issues.
Maintain Continuity in Business
Maintained cloud security measures in an organization will help in maintaining business continuity. And that’s a big advantage in these times of increased cyber-attacks and crimes happening over the internet. Attacks like DDoS attacks, outages, System downtimes, etc., impact businesses and affect them heavily. That’s why a good, balanced and secured cloud environment will help businesses thrive.
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Conclusion
Apart from the reasons stated above, many benefits come along with securing your cloud environment like Reduced cost and burden on IT teams, increased reliability, centralized security, etc.
