The revolution of the cloud computing has made its way and it’s only the beginning. There has been momentous growth in digital transformation, ever since the inception of cloud took place. It has boosted organizations’ business value and adoption is understandably increasing. Earlier this year, Gartner had predicted that the public cloud services market would grow by 21.4 percent globally. In 2017, the global revenues had reached £112.5 billion in 2017. It is now estimated to grow up to £137.2 billion by the end of 2018.
With such a huge upsurge in its adoption, adequate security is paramount. The recent cases of cyber-attacks are a clear indication that enterprises across all industries and of all sizes are prone to such ongoing attacks.
This virtual server entails a myriad of advantages for entities including scalability, efficiency and strategic business value. Cloud computing is certainly a development many ambitious CIOs are looking forward to leverage. It ideally enables the thought leaders with a platform that helps them expand into new markets, coordinate their strategy and boost ROI as a whole. With many enterprises now looking for remotely working teams, the PaaS (Platform as a Service) is increasingly becoming necessary to help them collaborate, organize, share information (securely) and scale up.
Some of the biggest companies in the world have already committed to this service, thereby confirming the postulation that cloud computing has huge commercial potential and its trend is going to stay. Companies like Microsoft, Amazon, and Google are baiting upon its significant growth in the market which will fuel their future financial performance.
Since this virtual server stores data securely, the cloud service providers are claiming its optimum growth and that the adoption is increasing in a fizzy. It can bring in huge benefits to a company, provided the security is kept front of mind. Entities in the past have compromised with security and adopted ineffective methods and have failed. Hence, proper planning is crucial.
What is the impact of the cloud in terms of organizational security?
Most of the organizations have APIs that are publicly exposed. This risk-prone underlying infrastructure is the platform where cloud applications run. Unlike the http/s view of websites, which is largely propagated for user experience, APIs are built with fully exposed controls. These APIs are designed to support interpretation and automated access to the environment and applications. Hence, they become the soft target for exploitation. They give rise to the challenges of strengthening boundaries that were not seen in traditional enterprise on-premises perimeters.
Irrespective of the integration of any new technology/platform, it is crucial that proper protocols are followed so as to keep data secure. Companies should ensure that the employees are properly using the system properly and maximizing its impact. The cloud is no different. It is the IT department’s job to ensure its smooth and safe running. It will be the impact of the cloud with regards to ROI and efficiency will be monumental. This means taking the time to plan the implementation and then invest in training and support for employees.
Security must be the utmost consideration when it comes to using cloud-oriented architecture. As with any software system, if handled wrongly then it can lead to a breach and loss of data. The cloud, unlike blockchain, cannot eliminate this vulnerability. It has instead the tremendous capability of changing the dynamic. The CISOs and their teams should gear up and be well informed when it comes to keeping it secure. To ensure it works seamlessly, there must be a laser focus on security.