Oracle’s Top 10 Cloud Predictions: there will be 600 times more sensitive data shared in the cloud

We continue to analyze the predictions of the Oracle’s Top 10 Cloud Predictions. This time we look at number 2:

 

 

Prediction Number 2
There will be 600 times more sensitive data shared in the cloud.

A few years ago it was relatively easy for security specialists within the IT departments of companies to keep their most critical data safe. In most cases, this data was used and stored in a limited number of computers and applications with restricted access.

This has changed radically with the advent of cloud services. Business units that previously had the only option to use the applications provided and/or authorized by the IT department now have the possibility of accessing services from multiple providers, in many cases without supervision. In addition, many of these users do not have the perception that they are responsible and should carefully handle sensitive data. For instance, it is typical to store restricted information in public service providers or use messaging services to coordinate activities in workgroups. This type of behavior will continue to occur because, although it represents a security risk, it provides obvious advantages in agility and speed of response.

Virtually all cloud service providers operate with a shared responsibility model, in which the provider is responsible for providing their services with the best possible security features and the client for properly configuring their applications and processes, so that they are as resilient as possible to internal or external attacks.This shared responsibility model has not been sufficiently deployed in companies that have migrated their systems to cloud services and is a key requirement to establish a clear cybersecurity strategy.

An additional risk comes from the fact that security areas require more specialization and the techniques used by the attackers are more complex, which causes companies to have many difficulties in obtaining the resources or assuming the level of investment necessary to keep systems safe. The tendency in this aspect is to delegate part of this responsibility to service providers, which have clear economies of scale and can undertake greater investments. Procedures will remain the responsibility of customers, but suppliers can provide tools that facilitate greater control of threats.

 

Automation mechanisms will be crucial, both for monitoring and detecting attacks and for unattended equipment upgrades, so that the latest protection systems are configured.

In short, the migration to cloud services of the critical applications of companies is a process that seems unstoppable, but which requires companies to assume, together with service providers, new and more demanding security challenges.

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