Cloud security solutions prevent cloud system leaks and cyber-attacks and ensure secure access control of data and resources. This article discusses cloud security, why it is important, its categories, and market value.
What is Cloud Security?
Cloud security involves the processes and technologies to protect the cloud computing environment against external and internal cyber security threats, such as unauthorized access, malicious insiders, and cyber-attacks. Cloud computing has become essential for businesses and governments to accelerate innovation and collaboration. Cloud security solutions ensure the security of data, applications, containers, and infrastructure in the cloud environment.
“Increasingly, we are seeing enterprises place, manage and analyze data at the edge, closer to their users, services and clouds. Meanwhile, concerns over the security and privacy of data in movement and/or in the cloud have also increased. This situation is more critical in Asia-Pacific and has driven the need for better technology and infrastructure solutions that improve data accessibility, security and control, while also meeting increasing data privacy requirements. It is a balancing act.” — Peter Waters, Chief Privacy Officer, Equinix
What are the Catigories of Cloud Security?
Computer vision can be divided into six basic categories:
- Cloud Access Security Brokers (CASB)
- Static Application Security Testing (SAST)
- Secure Access Service Edge (SASE)
- Cloud Security Posture Management (CSPM)
- Cloud Workflow Protection Platforms (CWPP)
- Cloud Infrastructure Entitlement Management (CIEM)
Why is Cloud Security Important?
Businesses use cloud services to enable digital transformation, where strong cyber security is essential. Security threats are constantly evolving and becoming more sophisticated, and cloud computing is more-vulnerable than an on-premise environment. Cloud security solutions focus on protecting data and business content such as customer orders, confidential design documents, and financial records.
“Today, data privacy is a matter of paramount importance. Cyber criminals can target any organisation, no matter its size, location, or industry. So, if you want to safeguard your organization’s data, you need to build a cyber-secure and human-centric corporate culture. It is crucial for businesses of all sizes to take data privacy seriously and proactively protect personally identifiable information.” — Satya Machiraju, VP, Information Security, Whatfix
How are growing global Cloud Security markets?
According to Fortune Business Insights [13], the global cloud security market value was USD 33.13 billion in 2022. It is expected to reach USD 106.02 billion by 2029, registering a compound annual growth rate of 18.1% from 2023 to 2029.
“A data breach is about both privacy and security. And security becomes very, very important because you can’t have privacy unless you have good security. And if someone tries to say otherwise, they are crazy people!” — Dr. Larry Ponemon at SecureWorld Detroit
