Enterprises are migrating applications and workloads to the public cloud at an unprecedented pace, for all the right reasons.
Cloud transformation brings a rich array of benefits, ranging from cost savings to enhanced operational efficiencies and beyond. Making the move to the cloud is a key part of digital transformation, which enables a business to become more agile, better meet the needs of customers, vendors, suppliers, and third-party partners, and boost customer experience.
As growing numbers of organizations across industries pursue cloud strategies in order to remain competitive with their peers, the public cloud has become the new enterprise data center. At the same time, hybrid and multi-cloud environments have become the norm. IDC Research recently predicted that by 2024 the cloud will be the primary location where operational data is stored, managed, and analyzed for the majority of larger enterprises, surpassing on-premises infrastructure.
However, these factors are also contributing to the emergence of new security risks, especially for organizations that continue to rely on legacy security architectures to secure their modern cloud environments.