Adopting the cloud must be treated the same way as any other IT function. There has to be a strong governance framework applied to it. This, however, must not be done at the cost of diminishing the benefits promised by a cloud infrastructure like reduced time to market and improved security. While most tier-1 cloud service providers like Azure, AWS and Google have invested heavily in securing their environment, this is usually only done till layer 5 of the network stack. Security still needs to be considered for the application layer. PwC can help clients design a security framework for their cloud adoption.
Cloud Governance – An organisation’s board is responsible (and accountable to shareholders, regulators and customers) for the framework of standards, processes and activities that, together, ensure the organisation benefits securely from cloud computing.
Demand for cloud security driven by increased adoption of cloud-based services: Almost all organisations will increase their expenditure on upgrading their security in their cloud environments because of the uniqueness of the threat actors on these systems. Organisations will be concerned to protect their cloud-based infrastructure and invest in people, processes and technology to fortify the layers of cloud-based networks, including insider threats. Along with this, usage of cloud access security brokers (CASBs) and cloud workload protection platforms (CWPPs), are also expected to be adopted by more organisations.
Increased need for endpoint security: Organisations recognise the fact that most of the breaches today start at the endpoint, allowing threat actors to sneak into the company networks. The number of endpoints (including mobile devices) continues to rise and so does the business data being processed/stored in them. While threats like mobile malware seem to have a low direct impact on businesses, we do see an increase in the number of data breaches related to mobile device use and misuse. Every device used to access company systems is yet another endpoint for the organisation to secure. Organisations need to be careful and avoid deploying tools and solutions to solve an immediate problem or a single case. Rather, they should opt for solutions that can sustain themselves and also evolve with incoming threats.
Israel has become a cybersecurity powerhouse at the center of an $82 billion industry, in addition to collaborating with super-powers. Israel is assisting smaller nations as well, creating 300+ cybersecurity startups, convincing more than 30 multinationals to open local R&D centers, and attracting foreign investors.
Relevant companies, interested to learn more on Israel innovative technologies are invited to contact the Trade and Economic Department at the Israeli Consulate General in Bengaluru.
For further queries:
contact: Kavitha Saravanan, Trade Officer, Trade and Economic Mission
Tel: +91-80-49406515. firstname.lastname@example.org