Why is cloud security important?
As companies continue to transition to a fully digital environment, the use of cloud computing is becoming increasingly popular. But cloud computing comes with cybersecurity challenges, which is why understanding the importance of cloud security is essential to keeping your organization secure.
Over the years, security threats have become incredibly complex, and every year, new adversaries threaten this field. In the cloud, all components can be accessed remotely 24/7, so not having a proper security strategy puts the collected data at risk simultaneously. According to CrowdStrike's 2024 Global Threat Report, cloud breaches increased 75% from 2022 to 2023, with a 110% year-over-year increase in cloud-related cases and a 60% year-over-year increase in non-cloud cases Cases. Additionally, the report revealed that the average compromise time for interactive cybercrime hacking activity in 2023 was 62 minutes, with one adversary compromised in just 2 minutes and 7 seconds.
Cloud security should be an integral part of an organization's cybersecurity strategy regardless of its size. Many believe that only enterprise-sized companies fall victim to cyberattacks, but small and medium-sized businesses are some of the biggest targets of threat actors. Organizations that do not invest in cloud security face enormous problems including the potential to suffer data breaches and lack of compliance when managing sensitive customer data.
