Organizations are feeling the impact of attacks and are taking tangible steps to lock in budget specifically to address security concerns with Cloud Security seeing the largest increase.
There are two certainties that exist within IT today: cyberattacks are going to continue and organizations are moving operations to the cloud. These foundational truths of how IT will operate moving forward align with data highlighted in the Evolution of Security Creates Opportunity report by investment firm Cowen.
According to the report:
These shifts are part proactive and part reactive. Organizations today realize the need to have security in place, so as they shift to the cloud, having cloud-based security solutions ready is prudent. But there’s also the reactive component – with so many attacks being put in cloud-based platforms, such as Office 365, security measures protecting cloud access need to be in place today.
One part of a layered security strategy missing from the Cowen report is Security Awareness Training. This training is designed to incorporate the user as part of the defense by educating them on both the need to be security-minded and how to leverage that mindedness in everyday interaction with email and the web. Organizations implementing continual Security Awareness Training are better prepared to stop attacks that take advantage of the human element – which is particularly difficult to secure when you have operations in the cloud and users anywhere and everywhere around the globe.