Multicloud security issues are plaguing businesses everywhere

Date:
Fri, 21 Oct 2022 10:44:58 +0000

Description:
Multi-cloud is important, but difficult to provide security for, and businesses are craving better solutions and more visibility going forward.

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Multi-cloud setups have become pivotal in organizations of all shapes and sizes, but many are finding that they're difficult to secure properly,
leaving them exposed to breaches that leak large amounts of sensitive data to malicious third parties.

That's according to Application Security in a Multi-Cloud World. the latest report from cybersecurity experts Radware,

Surveying 269 senior executives, DevOps leaders, and seniors in other
security roles, the company found that despite its popularity, 70% arent confident in their ability to properly secure both on-prem and multi- cloud environments. Cyberattacks on the rise

More than two-thirds (69%) confirmed experiencing either a data breach or similar data exposure, due to multi-cloud security configuration issues.

The report also claims that enterprise cyberattacks are occurring quite often to the same companies.

More than half of the respondents said their companies regularly experience bot attacks (20% suffer them on a weekly basis), or application attacks (30% also on a weekly basis).

Drilling deeper into how businesses might protect themselves better, Radware found that more than half (51%) of the respondents said quality cloud protection is lacking.

Simply put, the tools currently at their disposal are inadequate when it
comes to blocking, preventing, or mitigating cyberattacks in a multi-cloud environment.

The respondents said that they would also appreciate centralized security visibility across different security platforms.

Radware's not the only firm raising concerns about securing the multi-cloud. Earlier in 2022, Thales published their own cloud security report , "The Challenges of Data Protectionin a Multicloud World", in which almost half (45%) of businesses were found to have experienced a cloud-based data breach, or failed an security audit, in the past 12 months.

It also found that a quarter (26%) have experienced an increase in malware attacks, and ransomware attacks against their endpoints since 2021, while a fifth (19%) have spotted more phishing and whaling than a year ago.

The cloud may be getting more complex, but businesses continue to rely on it to facilitate hybrid work environments amidst the Covid-19 pandemic.

As a result, businesses are turning their attention towards finding robust cybersecurity, encryption, and key management solutions. (Image credit: laymanzoom / Shutterstock) Read more

Check out our list of the best antivirus software right now

Cloud data breaches are getting bigger and nastier

Many data breaches are being caused by misconfigured clouds

In October 2022, security analysts Gartner published a forecast predicting that IT expenditure would be seen as immune to cost cuts through 2023,
despite the recession.

A rise in cyberattacks certainly offers a convincing argument for why
business tech stacks should survive cost cuts , whatever the economic
outlook. Check out our list of the best firewalls right now

Via: VentureBeat



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Link to news story: https://www.techradar.com/news/multicloud-security-issues-are-plaguing-busines ses-everywhere/


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