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Knowledge Center

Gartner forecasted that global cloud spending will increase 21% during 2023 to reach $592 billion, with $42 million going to cloud management and security. 

Although companies are investing in cloud security, they may not understand who is responsible for which aspects of protecting cloud assets. While the cloud provider takes care of infrastructure security, the customer is usually accountable for securing applications and data. 

To protect their cloud resources adequately, organizations need to assess their cloud security to understand the risk landscape, bridge gaps in security, and meet compliance requirements, as well as to find the right ways to prevent and respond to attacks. 

Today’s companies need to stay at least one step ahead of cybercriminals by taking a proactive approach to IT security. Preventing a breach, such as a ransomware attack, is better than remediating an attack that has already taken place. By that time, attackers have already shut down systems and compromised or stolen sensitive data. 

The recent malware attack on U.S. Federal Agencies, including the Treasury Department, underscored how no organization is truly safe from cybercrime. Hackers, who were allegedly Russian, were able to compromise agency email systems by infecting third-party software from SolarWinds.