{"id":606212,"date":"2023-02-09T07:49:04","date_gmt":"2023-02-09T13:49:04","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/09\/the-clouds-growing-impact-on-cybersecurity\/"},"modified":"2023-02-09T07:49:04","modified_gmt":"2023-02-09T13:49:04","slug":"the-clouds-growing-impact-on-cybersecurity","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/09\/the-clouds-growing-impact-on-cybersecurity\/","title":{"rendered":"The cloud\u2019s growing impact on cybersecurity"},"content":{"rendered":"

Cybersecurity\u2019s<\/a> most proven innovation catalyst continues to be the many challenges of securing cloud infrastructure. The cloud has won the enterprise, dominating<\/a> large enterprises\u2019 tech stacks<\/a>. The average enterprise uses 1,427<\/a> cloud services<\/a>, and the average enterprise employee uses up to 36 cloud services, including platforms for collaboration and file-sharing.<\/p>\n

By <\/a>2023<\/a>, 70% of all enterprise workloads will be deployed in cloud infrastructure, up from 40% in 2020. AI and machine learning are accelerating innovation, providing new insights into threats and risks in real time. CrowdStrike\u2019s<\/a> rapid advances in AI<\/a> and machine learning<\/a> exemplify how endpoint security providers are capitalizing on<\/a> <\/a>threat data to innovate quickly<\/a>, for example.\u00a0\u00a0<\/p>\n

The cloud\u2019s dominance of enterprise networks and tech stacks is fueling IT\u2019s biggest and fastest-growing market. Gartner<\/a> predicts worldwide public cloud services will grow from $604.9 billion in 2023 to $1 trillion by 2026, attaining a compound annual growth rate (CAGR) of 18.24%. The fastest-growing segments of public cloud services include database management, business intelligence, security, and infrastructure-as-a-service (IaaS). Spending on public cloud <\/a>security<\/a> services<\/a> is forecast to grow from $19.4 billion in 2022 to $48.9 billion in 2026, attaining a CAGR of 20.3%. Ninety-four <\/a>percent<\/a> of enterprises use cloud services<\/a> today, and 75% say security is a top concern. Sixty-<\/a>seven<\/a> percent of enterprises<\/a> have already standardized their infrastructures on the cloud.<\/p>\n

As enterprises lift and shift their workloads to the cloud, they face greater risks of breaches, accidentally misconfigured cloud platforms, and inconsistent identity access management (IAM) and privileged access management (PAM) coverage across hyperscalers and cloud platforms. Gartner<\/a> predicts that at least 99% of cloud security failures will be the user\u2019s fault, accentuating the need for continuously training IT and security teams on the latest cloud security techniques.\u00a0<\/p>\n

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More than $1.3 trillion in enterprise IT <\/a>spending<\/a> is at stake<\/a>, and this will grow to almost $1.8 trillion in 2025. By that year, 51% of IT spending will be on\u00a0public <\/a>cloud<\/a> services, compared to 41% in 2022. Almost two-thirds (65.9%) of spending on application software will be directed toward cloud technologies in 2025, up from 57.7% in 2022.<\/p>\n

\"Gartner,
According to Gartner, enterprise IT spending on cloud computing is projected to surpass spending on traditional IT by 2025. Source: Gartner Says More Than Half of Enterprise IT <\/a>Spending<\/a> in Key Market Segments Will Shift To The<\/a> <\/a>Cloud By 2025<\/a><\/figcaption><\/figure>\n

Why cloud security is driving innovation<\/h2>\n

\u201cAdding security should be a business enabler. It should be something that adds to your business resiliency, and it should be something that helps protect the productivity gains of digital transformation,\u201d said George Kurtz, CrowdStrike\u2019s co-founder and CEO, during his keynote at the company\u2019s Fal.Con event<\/a> last year.\u00a0<\/p>\n

There is strong demand from enterprises looking to secure their increasingly complex cloud infrastructures and tech stacks. Gartner predicts enterprise spending on cloud security will double between 2023 and 2026, growing from $6.4 billion to $12.9 billion. Worldwide end-user spending on information security and risk management will grow from $167.86 billion in 2022 to $261.48 billion in 2026<\/a>, achieving a CAGR of 11.1%. That demand is driving higher levels of R&D spending across cybersecurity vendors and startups.<\/p>\n

CISOs and CIOs often collaborate on building business cases for their most challenging cloud security initiatives. This includes cases for <\/a>zero<\/a>-trust and multicloud security<\/a>, for example.\u00a0<\/p>\n

During his keynote at Fal.<\/a>Con<\/a>, Kurtz explained how enterprise cybersecurity vendors are innovating faster to keep up with enterprises\u2019 needs. He highlighted that CrowdStrike had earned the reputation of being \u201cthe Salesforce of security\u201d due to its cloud-based architecture. This architecture brings greater UX and UI flexibility, allowing users to integrate with existing on-premises systems easily. CrowdStrike\u2019s focus on devops and product development is evident in its track record of successful new products. Its teams evidently have the agility to quickly iterate on its platform.<\/p>\n

In an interview with VentureBeat, Amol <\/a>Kulkarni<\/a>, chief product and engineering officer at CrowdStrike, said, \u201cIf you have the core infrastructure in the right place, then you can iterate rapidly and build out products much faster because the baseline is there. The second part is that we have this notion of collecting once and us[ing] multiple times. So that is based on \u2026 collecting all the telemetry in the security of the cloud and then adding additional analytics for different scenarios. So that gives us that velocity.\u201d<\/p>\n

Where cloud\u2019s impact is greatest\u00a0<\/h2>\n

The digital transformation initiatives George Kurtz spoke of in his keynote at Fal.Con Last year are examples of the new business initiatives requiring CISOs and CIOs to rethink how they implement cybersecurity as a team. New SaaS applications, legacy on-premise applications that integrate into hybrid cloud configurations, multicloud, and the lack of IAM support across different hyperscalers all increase <\/a>attack<\/a> surfaces<\/a>.\u00a0<\/p>\n

Many emerging technologies are being fast-tracked to market to help enterprises deal with the exponentially increasing number of attack surfaces. Protecting<\/a> all forms of identities is critical today, as they\u2019re under siege<\/a>. The reasons include growing gaps between operational technology (OT) and IT systems; fast-growing Internet of <\/a>Things<\/a> (IoT)<\/a> networks and numbers of endpoints; and the need to protect supply chain touchpoints with self-healing endpoints.<\/p>\n

CISOs\u2019 and CIOs\u2019 future careers will depend on how well they orchestrate these technologies, including SaaS applications, to drive revenue. SaaS application-based revenue is expected to grow at a 9% CAGR between 2020 and 2023 to a value of $60.36 <\/a>billion<\/a>. The global SaaS market is valued at around $3 trillion and could surge to $10 <\/a>trillion<\/a> by 2030<\/a>.<\/p>\n

Gartner\u2019s latest Security<\/a> <\/a>Radar<\/a> provides a valuable framework for evaluating the contributions cloud is making to cybersecurity in general and zero trust specifically. Gartner identifies six core themes driving cloud-based cybersecurity innovation:<\/p>\n