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March 27, 2023

Cloud Security has a Pivotal Role in Building Modern-Day Enterprises.

Organizations worldwide have migrated their workloads to Cloud on a war footing.   As a result, Cloud Security plays a pivotal role in modern enterprises’ flourishing with the increasing amount of sensitive data stored in the cloud. Enterprises store vast amounts of sensitive data in the cloud, including customer information, financial data, and intellectual property. Data breaches can have severe consequences, including financial loss, reputational damage, and legal liability.

Moreover, the growing sophistication of cyberattacks is a concern for all organizations. Cyberattacks are becoming increasingly sophisticated, and cloud environments are a prime target. Attackers are using various techniques to gain access to cloud data, including phishing, malware, and DDoS attacks, with the increasing regulatory requirements for data privacy and security. Many industries have strict regulatory compliance requirements around data privacy and security. These requirements can be complex and difficult to meet, but failing to do so can result in significant fines. 

Here are some statistics that highlight the importance of cloud security for enterprises: 

• The average cost of a data breach is now $3.92 million. This number has been steadily increasing in recent years and is likely to continue to rise. 
• The average time to detect a data breach is 207 days. This means that attackers have a significant amount of time to steal data before it is discovered. 
• 70% of organizations have experienced cloud security incidents in the past year. This number is likely to be even higher in the future as the number of organizations using cloud computing continues to grow. 

In this context, Cloud security is a critical issue for enterprises. By securing their cloud environments, enterprises can help protect their sensitive data and mitigate the risk of a data breach. 

Here are some best practices for cloud security: 

• Implement strong identity and access management (IAM) controls. IAM controls should be used to restrict access to cloud resources to authorized users only. 
• Encrypt data at rest and in transit. Encryption can help to protect data from unauthorized access, even if it is compromised. 
• Use a cloud security posture management (CSPM) tool. A CSPM tool can help to identify and remediate security misconfigurations in cloud environments. 

• Monitor cloud activity for suspicious behavior. By monitoring cloud activity, enterprises can quickly detect and respond to potential threats. 

Bhavesh Goswami, Founder & CEO, CloudThat, has recently penned an article for CRN Media on why Cloud security is essential for businesses. You can read this insightful article that pinpoints 6 Important reasons for organizations to have a clear Cloud security strategy. 

As a pioneer in Cloud Consulting & Cloud Training in India since 2012, CloudThat has enabled various organizations to embrace cloud technology with the much-needed support, guidance, and human resource to face the challenges faced during Cloud Adoption. We have been offering comprehensive consulting services that comprise Consultancy and Migration, Contract Staffing, Data Platform, DevOps & DevSecOps, Managed Services, and Media Services. Our team has expertise in AI, ML, IoT, Cloud Native Development, Containerization, DevOps, Well-Architected Review, Well-Architected Infrastructure, and AWS Know Your Architecture.