Multi-cloud setups have become vital in organizations of all shapes and sizes, but many people find them difficult to properly secure, leaving them at risk of leaking large amounts of sensitive data. sensitive to malicious third parties.
That’s according to “Application Security in a Multi-Cloud World”. Latest report from Radware cybersecurity experts,
Surveying 269 senior executives, DevOps leaders, and seniors in other security roles, the company found that despite its reputation, 70% are not confident in its ability to properly secure both in situ and multicloud (opens in a new tab) environments.
Cyber attacks are on the rise
More than two-thirds (69%) claimed to have experienced a data breach or similar exposure due to multi-cloud security configuration issues.
The report also claims that enterprise cyberattacks are happening quite frequently against the same companies.
More than half of respondents said their companies regularly experience bot attacks (20% are attacked weekly) or application attacks (30% also weekly).
Digging deeper into how businesses can better protect themselves, Radware found that more than half (51%) of respondents reported a lack of quality cloud protection.
Simply put, current tools are not capable of preventing, stopping, or mitigating cyberattacks in multi-cloud environments.
Respondents said that they would also appreciate centralized security visibility across different security platforms.
Radware isn’t the only company raising concerns about multi-cloud security. Earlier in 2022, Thales announced their own cloud security report“Challenges of data protection in a multi-cloud world”, where nearly half (45%) of businesses were found to have experienced a cloud-based or non-existent data breach currently has a security audit of the past 12 months.
It also shows that a quarter (26%) have experienced an increase in malware attacks and ransomware attacks against final point as of 2021, while one in five (19%) have detected more scams and whaling than a year ago.
The cloud may be getting more complex by the day, but businesses continue to rely on it to facilitate hybrid work environments amid the Covid-19 pandemic.
As a result, businesses are turning their attention to finding robust cybersecurity, encryption, and key management solutions.
In October 2022, security analysts Gartner published a forecast predicting that IT spending will be seen as immune to cost-cutting through 2023, despite the economic downturn.
The increase in cyber attacks certainly provides a compelling argument for why business technology stacks should exist when it comes to cutting costsregardless of the economic outlook.
Through the: VentureBeat (opens in a new tab)
