How to Develop a Cloud Security Policy that Eliminates Vulnerabilities

Tech Insights for Professionals
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An effective cloud security policy is essential if firms are to make the best use of cloud resources. Here are a few key steps that must not be overlooked.

7 July 2020

Cloud computing is a primary option for almost every business today. Gartner highlights that worldwide spending on public cloud services is set to reach $332.3 billion in 2021 (up from $270 billion in 2020), while Cisco forecasts that by 2021, 94% of workloads will be processed by cloud data centers.

But despite the fact cloud is now mainstream, some concerns still remain, and one of the most common questions IT leaders will have surrounds security. Our latest research reveals that 95% of companies are very to extremely concerned about security in the cloud with the leading worries including:

Staying up to date with relevant regulations (53%)
Responding to internal cybersecurity incidents (51.5%)
Data sovereignty/residency/control (49.5%)
Managing data in multi-cloud environments (45.5%)
Accidental exposure of credentials (34.5%)

Learn more: 5 Cloud Security Gaps Keeping CIOs Up at Night

To thrive in the cloud, businesses should consider creating a cloud security policy and tailoring it toward their cloud deployment models (e.g. public, private or hybrid).