As cyber threats loom, most organizations still don’t encrypt data in the cloud. Plus, cloud stonks are up again as cloud spending surges.
Topline: Cloud security remains cryptic
Sound the alarm. Despite increasing cyber threats targeting cloud data, 83% of U.S. organizations still leave most of their sensitive data unencrypted in the cloud. And as more users shift to cloud, or multiple clouds, this is particularly worrisome. One-fourth of organizations report the majority of their workloads and data now reside in the cloud, making them a prime target for new threats. Plus, as multicloud goes mainstream, the security challenge also grows more daunting. “[Organizations] will need to balance security features across cloud providers with how to deliver and centrally manage data across multiple providers and organizational environments,” write the authors of the Thales Cloud Security Study.
Play nice. EU’s forthcoming laws to rein in the power of tech giants should also tackle anti-competitive practices in cloud computing, claims a new report from the Organisation for Economic Cooperation and Development’s Competition Committee. “The [law] does say that cloud infrastructure can come within the ambit of the [legislation], but it is not obvious that all the suppliers are covered,” says Frederic Jenny, author of the report. Anti-competitive practices could include unfair pricing techniques or making users’ move to rivals difficult.
Lydia Leong, VP and Analyst, Gartner (@cloudpundit): Free training is a crucial loss leader for cloud providers. Skills are the single highest barrier to adoption. (Surveys as well as anecdotal data both make this starkly clear.)
Chris Aniszczyk, Chief Technology Officer, Cloud Native Computing Foundation (@cra): good news for anyone in cloud and security