3 Reasons Cloud Security is More Important than Ever

Thanks to the availability, affordability, and cloud security of cloud-based infrastructure and business software solutions, the trend toward remote work has been steadily increasing over the past couple of years. As such, the need for cloud security is more prominent than ever before.

Small and medium-sized businesses have been among the largest group of cloud adopters, as cloud software can give these companies the robust tools they need without the investment and ongoing costs and complexities of setting up and managing on-site hardware and systems. Therefore, for these businesses cloud security is of supreme importance. 

Nearly two-thirds of organizations see security as the biggest challenge for cloud adoption.

-LogicMonitor

The COVID-19 pandemic has caused this trend to escalate very quickly, and more companies of all types and sizes are looking for all the tools and systems they need to support a remote workforce. 

As more companies embrace cloud-based solutions, systems, or infrastructure, cloud security has come to the forefront as both a concern and a necessity for a successful, secure transition to remote work. 

Privacy and regulatory issues, along with governance and compliance of cloud services worry more than 60% of enterprises.

-IDC

Cloud-based solutions are mostly user-friendly and flexible. You can choose between a public cloud solution, a private cloud, or a hybrid cloud solution. A public cloud security solution is run off-site by a different company, while a hybrid cloud security system is a combination of the private cloud and the public cloud security systems. You must ensure who is liable in case of a cloud security breach, by reviewing the agreement terms while signing a contract. Also, always stay vigilant regarding cloud security and cyber threats. 

Cloud security is now more important than ever and is swiftly becoming a business must-have for companies that are moving to or already working in a cloud-driven environment. 

1. Fraud Increases in Times of Uncertainty and Transition
The risk of compromised business data or outright fraud tends to increase during times that are defined by uncertainty or brought about in transitions within a business, particularly as it relates to systems and software. 

Transitioning to remote work and implementing all the cloud security systems your business needs to operate outside of the traditional office environment is a move that is usually planned out carefully and scaled out according to a timeline that allows a company to successfully and securely move to a cloud setup. But, in the business world, today, time and gradual cloud security rollouts aren’t as feasible since many companies had to find solutions to keep their business running remotely, and they had to do it quickly to minimize the disruption to the business. 

While the cloud is becoming increasingly more secure, safeguards are necessary to protect your business data, meet industry compliance requirements, and keep your business operations flowing securely without interruptions with cloud security solutions. Using a top cloud security solution to protect your business data and systems in the cloud is a vital part of protecting your business and sets you up for ensured benefits (like cost savings and increased flexibility and mobility) inherent in using cloud-based systems and cloud security software. 

2. Cybercriminals also Benefit from Technological Advancements and Learning.
Unfortunately, the tools of learning and technological developments show no discrimination against users, and they are as much available for cybercriminals, as they are for the rest of us. Cybercriminals have always engaged in attacking computer systems and cloud storage, and they still continue to. However, with the remote and hybrid work models, they are seen adapting and evolving to the new remote and cloud-based world creating a bigger necessity for cloud security.

Cybercriminals are getting smarter about their targeted attacks, and carefully picking business corporations and enterprises with weak links in their cloud security, in exchange for ‘ransom’ to allow the victims to retrieve their stolen data. However, that doesn’t mean that companies paying more attention to cloud security and cybersecurity in general, aren’t prone to these threats. Therefore, it is more important than ever to take the most advanced and promising cloud security measures to protect critical company data. 

3. Employees are Using More Cloud-Based Software and Online Tools for Business
Transitioning to remote work and implementing all the cloud security systems your business needs to operate outside of the traditional office environment is a move that is usually planned out carefully and scaled out according to a timeline that allows a company to successfully and securely move to a cloud security setup. But, in the business world, today, time and gradual rollouts aren’t as feasible since many companies had to find cloud security solutions to keep their business running remotely, and they had to do it quickly to minimize the disruption to the business. 

53% of companies aim to increase their cloud security using various techniques – like multi-factor identification

-Gemalto

Cloud-based or Software as a Service (SaaS) software solutions come equipped with some cloud security functionality to secure systems and data, so it is important to understand what cloud security features each of the cloud-based software systems you use offers and take full advantage of those features. 

4. Mobility has Transformed from Trend to Business Necessity
Business mobility has been another growing trend and competitive differentiator for cloud security. Mobile companies are typically more agile due to the ability of employees to have access to critical business systems and apps from mobile devices.

If you have a lot of mobile devices connecting to your business network and systems, then implementing an endpoint security solution or a mobile device management security system can help secure those endpoints and make sure that only your authorized devices are able to gain access to your valuable business systems and data. 

This is especially important as more and more devices, solutions, and equipment become connected to the internet. As IoT increases, cloud security measures will need to scale and adapt in order to protect systems from unauthorized access from mobile devices. 

Like what you just read? At Wheelhouse, we are passionate about all things software, and our specialty is connecting software buyers to a solution that perfectly matches their needs. 

Please visit our cybersecurity software page for a complete list of all the solutions we have on offer.