The vast majority of companies struggle with cloud security, the report finds

by James · September 1, 2022

A report from Forrester has found that up to 75% of respondents struggle to secure their cloud environments.

According to CyberNews, nearly 50% of firms said they believe translation of cloud security will lead to increased vulnerability and delayed response to breaches, while 65% consider it critical to ensure proper security of the environment.

Only 39% of respondents said they have a clear and periodically updated cloud security, while just over half – 56% said they lacked a holistic approach.

The report said: “Current cloud security practices and tools are not cloud-wide and rely heavily on basic cloud-based security controls or adaptation of local architecture for the cloud environment.”

The report also found that some of the challenges hindering the development of cloud security included struggling with a centralized integration of cloud controls as well as securing the external and internal workforce across all entities. Furthermore, many respondents said they lack internal skills and certifications as well as struggling to maintain their competitive edge.

Forrester emphasized that companies that failed to overcome these challenges will face increased vulnerability to security breaches, slower incident detection and response, and delays in responding to security incidents.

It said: “Ultimately, these security issues will lead to negative customer experiences, reduced profitability and loss of competitive advantage, while derailing digital transformation efforts and product innovation.

“Companies that successfully develop a strong hybrid cloud security program will reap many benefits, including achieving their top business and security goals of better integration/holistic security coverage and improved security and protection of customer data.”

Data-driven cloud security company Lacework received an investment earlier this year from GV and established a new partnership with Google Cloud.

The size of the investment was not disclosed.

Laceworks’ Polygraph Data platform provides automatic anomaly detection for Google Cloud’s trusted, global infrastructure. The solution will soon be made available via the Google Cloud Marketplace so customers can easily purchase Lacework and integrate the platform into their environment and identify potential issues and threats.