A Strategic Perspective of the Cloud

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A Strategic Perspective of the Cloud

Cloud Security experts recommend a good, hard look at the positive and negative possibilities of the cloud transformation

Businesses adopted new strategies and approaches to fit into the digital transformation shift that hit the world last year. With this change, the industry saw an increased demand for cloud computing that allowed companies to invest in new tools, infrastructure, and platforms. Concentrating on business excellence, organizations transferred their cloud business elements to the cloud vendors. Experts believe that this transition has benefited businesses in multiple ways.

Cloud service companies require payment only for the resources that companies need like IaaS, PaaS, or SaaS. With a service-based payroll model companies are able to save considerable funds as they no longer lean on capital expenses (CAPEX) but on operating expenses (OPEX).

Another advantage of cloud migration is the flexibility to scale. Storage capacities, networks, and computing can be decreased to a great degree and any given time as per the fluctuations in demand. Companies now have the liberty to make continuous changes to their applications and these improved applications are subjected to their customers several times in a short period.

Also Read: Developing a Multicloud Security Strategy in the Digital Transformation Era

The only obstacle that companies now face is data security. The rapid change in the industry has introduced several security gaps, putting companies in a tough spot. Even the World Economic Forum predicted that this unforeseen transformation will cause a cyber-pandemic in the future. Another cloud security report stated that 66 percent of respondents believe that the existing security solutions will not work and has less functionality in the cloud. Experts recommend few strategies involving cloud-native solutions that can help companies secure their data and continue to scale.

Firstly, companies must leverage the most suitable solution for protection in their cloud environment. Consultations with trusted cloud security advisors who can inform companies about cloud security misconfigurations in their infrastructure can be approached. Companies will be able to build better cloud security designs after a thorough analysis and consultation about possible threats.

There are several threat-prevention cloud tools at disposal. With multiple cloud perimeters that include cloud computing services, employee access to those services, and the workload of several applications, on-premise security will not be sufficient. Apart from the services offered by cloud providers, experts recommend companies invest in third-party vendors whose cloud security solutions can enhance the existing measures.

Ultimately, the main focus has to be on visibility. With full visibility, it will become easier to add security measures. Companies claim that full visibility is often complicated as there are multiple running applications on both the public and private cloud. Experts recommend the use of Artificial Intelligence and Machine Learning to identify the loopholes that are vulnerable to cyber-attacks.

Also Read: Will 2021 see increased cloud transformation and identity-centric security solutions?

Finally, apart from zero-trust security, regular risk management exercise is crucial. With continuous changes and developments in cloud applications, the rise of new blind spots is inevitable. Experts consider disaster recovery to become a common practice.

Taking a good, hard look at the positive and negative possibilities of the cloud transformation is absolutely necessary. Along with a remote workforce and dynamic network access, experts caution businesses to not take cloud security lightly, rather consider it to be the core business enabler.

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