GRC Viewpoint

Why Cloud Security Matters in 2022 and Upcoming Years?

Cloud is undoubtedly secure compared to existing on-premise solutions. However, a transition to the cloud does not always guarantee that an enterprise is secured completely. It wouldn’t be an exaggeration to conclude that the accurate data will be on the cloud within a few years. That’s why cloud security matters now more than ever.

The possibility of susceptibility to the cloud is directly proportional to the way an enterprise approaches the cloud. In other words, what an enterprise does with the cloud matters. The robust infrastructure itself won’t protect an enterprise from vulnerabilities in cyberspace.
The average price of a significant data breach in the contemporary world may amount to approximately $ 3.86 million when considering an international figure. However, the average cost will be closer to about $7.9 million with respect to the US.

Once a breach happens, it is critical to rectifying the issue at the earliest. For instance, huge savings can occur if the violation is addressed within 30 days. On the other hand, millions of money can be saved if the impending threat is averted altogether.

Therefore, any apprehensions on making huge cloud security investments appear unnecessary as the impending benefits are much more than the initial investment.
Threats have evolved, and the overall threat landscape has become more complicated. Sophisticated solutions are the need of the hour. Yet, often, a gap exists between the complex challenges and the availability of requisite expertise.

The most apt cloud security solutions provide the technical ability to adhere to regulatory mandates. Therefore, there has to be continuous oversight and attention to detail. To conclude, cloud security is extremely important in the contemporary world marked by complex threat vulnerabilities.

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