Spike in use of cloud-based security to protect corporate data

Samantha Humphries of Exabeam

A new survey of UK security practitioners by Exabeam shows a marked increase in the adoption of cloud-based security tools compared to an earlier study carried out in March prior to the COVID-19 lockdown. The latest data shows 88% of recent respondents said the accelerated move to the cloud was driven by the need to support a remote workforce. The survey tracks the adoption and use of cloud-based security tools.

Among the concerns of moving security products to the cloud, data privacy and data sovereignty top the list, at 56% and 41% respectively. Around a third (31%) are concerned about unauthorised access. However, this latest study shows that almost half of the organisations questioned (44%) are now using cloud-based security products to protect corporate financial information. This represents a dramatic increase – potentially out of necessity during the lockdown period – from Exabeam’s earlier study where only 12% were protecting corporate financial information in this way. 

Despite this increased adoption of cloud-based security tools, 86% still consider the move to be risky with 47% considering it to be ‘high risk.’ These concerns are in stark contrast to 87% of respondents who consider themselves to be ‘well-equipped’ to orchestrate cloud-based migration.

Given that event visibility must extend into every virtual cloud and cloud service used by an organisation, a positive finding in the report is that 79% have either good or very good visibility into their cloud applications. With the pandemic driving the shift to a remote workforce, 84% of organisations have significantly improved efforts to ensure better visibility into cloud-based applications. Just over one quarter of those questioned, 26%, believe they have ‘very good visibility’ into cloud-based applications. 

The survey results support the benefits of moving to a cloud-based model including minimised resources and overhead, enabling security analysts to complete tasks faster and freeing engineers up to focus on other projects. Improvements in monitoring and tracking of attacks (21%) and access to latest features (20%) are considered the most important gains from using cloud-based security tools. Faster time to value (15%), less maintenance (13%) and less CAPEX (13%) are drivers for cloud adoption, but considered less important. 

Other findings include:

  • 90% of organisations agree they introduced cloud-based security products at the right time for the business
  • In addition to corporate financial information (44%), cloud-based security tools are most commonly used to protect customer information (50%), file sharing (48%) and email (38%)
  • Other areas of concern related to cloud-based security tools include integration with other tools (31%) and service outages (29%)
  • When deploying cloud-based security solutions, respondents were split between migrating the legacy-based products currently being used (44%) or replacing with cloud-native security tools (42%)

“The momentum towards the adoption of security tools in the cloud has been building for some time. The sudden and – for many – unexpected move to remote working in March opened up the throttle for cloud-based security solutions as organisations had to migrate critical business data to the cloud almost overnight,” says Samantha Humphries, security strategist at Exabeam. “This survey reflects what we are seeing and hearing from our customers. The appetite and intent to move to the cloud exists, and many are now reaping the benefits. Largely as a result of COVID-19, organisations that had adopted a ‘wait and see’ approach have had no choice but to climb aboard the cloud bus, regardless of their concerns.”

The survey was carried out by Censuswide. It questioned 131 UK-based IT security professionals aged 18+, between 9th and 11th June 2020.

Exabeam, which describes itself as the Smarter SIEM company, aims to help security operations and insider threat teams work smarter, allowing them to detect, investigate and respond to cyberattacks in 51% less time.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

Blackline Safety sets new standard in connected worker safety with launch of G6

Posted on: September 26, 2022

San Diego, United States – Blackline Safety Corp., a global provider in connected safety technology, continues to trailblaze in the industrial worker safety market with the launch of a new connected wearable to transform single-gas detection. The all-new G6 personal gas detector – unveiled at the National Safety Council (NSC) Safety Congress & Expo in San Diego

Read more

Senet expands public LoRaWAN network across New York

Posted on: September 26, 2022

Portsmouth, United States – Senet, Inc., a provider of cloud-based software and services platforms that enable global connectivity and on-demand network build-outs for the Internet of Things (IoT) announced it is has expanded the build out of its public LoRaWAN network across all five boroughs of New York City. Through the combined operation of Senet’s

Read more
FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox