Home News Only 7 in 10 Organizations are Concerned About Cloud Security: Report

Only 7 in 10 Organizations are Concerned About Cloud Security: Report

cloud, cloud security

A latest research by cybersecurity solutions provider Check Point highlighted the issues faced by security professionals in maintaining data and workloads in their public cloud deployments. The research “The Global 2020 Cloud Security Report” revealed that public cloud security remains the major concern for organizations, with 75% of respondents stating that they are “very concerned” or “extremely concerned” about it. Nearly 68% said their organizations uses two or more different public cloud providers.

Biggest Cloud Security Concerns

According to the research, the top cloud security challenges are about data loss (69% – up five percentage points since last year) and data privacy/confidentiality (66% – up four percentage points), followed by accidental exposure of credentials and incident response (44%).

Image Source: Check Point

Cloud Provider Preferences

The three biggest cloud service providers, according to the research include are Amazon web services (AWS), Microsoft Azure, and Google Cloud Platform.

Image Source: Check Point

Research Highlights

  • Among the key barriers toward cloud adoption are lack of qualified staff (37%) up from the fifth spot on last year’s survey.
  • When selecting a cloud security provider, most organizations look at cost-effectiveness (63%), ease of deployment (53%), and that the security tools are cloud-native (52%).
  • When asked what criteria organizations consider most important when evaluating a cloud security solution, they prioritize product features (66%), cost (65%), and vendor experience (55%) as the most important considerations.
  • Organizations rely on multi-cloud solutions with most organizations deploying more than three cloud solutions in their environment.
  • 82% said their traditional security solutions either don’t work at all, or only provide limited functions in cloud environments, up from 66% percent in 2019 – highlighting an increase in cloud security issues over the past 12 months.
  • Nearly 60% of organizations expect their cloud security budget to increase over the next twelve months. On average, organizations allocate 27% of their security budget to cloud security.
  • A majority of 59% said it is likely to very likely that they will deploy a new cloud security solution within the next 12 months.

The findings are based on the responses of 653 cybersecurity professionals surveyed in July 2020 to uncover how cloud user organizations are responding to security threats in the cloud environment.