Nearly 95% of businesses in the US are using some form of enterprise cloud platform for storage and cloud computing needs. But unfortunately, it means that the critical business data of most companies is on the cloud, which makes it prone to cyberattacks.
Since cloud computing allows companies to scale without worrying about the IT infrastructure, it’s an obvious solution for companies who don’t have extensive on-premises databases and storage solutions. Hence, ensuring cloud security solutions is one of the top priorities for businesses.
Over the years, some of the top names in the IT sector have experienced cyberattacks, forcing them to compromise critical company information. So, if the best in the business is vulnerable to attacks, it’s obvious that your business data might be at serious risk too.
But business owners who aren’t too tech literate often fail to understand the value of a cloud security solution. So, in this post, we will look at some critical reasons to help you analyze the importance of cloud security solutions.
We will look at common cloud security threats and how you can secure your business data over the cloud.
Types of Business Clouds
In cloud computing, the types of cloud vary according to the user requirements. There are cloud security platforms that help businesses of all sizes scale and secure their data over the internet. These platforms vary in terms of scope, nature of risk, size (for an individual or for the public), and storage. When it comes to safeguarding sensitive data and achieving seamless scalability, ServiceNow or DataKnox data service solutions stand out as reliable options.
These solutions ensure that business owners don’t worry about storage and security overheads while managing their IT infrastructure.
There are three main types of cloud services based on cloud infrastructure size and requirements.
Perhaps the most expensive of all, the private cloud, is dedicated to a specific organization. So, you are given a dedicated space over the cloud where only your organization members can access your data.
Since there is no sharing of resources with other organizations, it is usually much more expensive because business owners prefer customized solutions. Moreover, the customization features enable users to acquire specialized cloud security platforms for enhanced data security.
The public cloud is a shared space, and a third-party service provider generally manages it. So, you could have multiple organizations sharing a cloud space.
Users rent cloud storage, and organizations have complete trust in the service provider regarding the security, maintenance, and any other services available in the cloud service.
A hybrid cloud is a combination of a private and public cloud. It’s best suited for companies that prefer top-tier encryption and want to scale rapidly.
Hence, depending on your business needs and size, you can opt for any cloud service to ensure better security for your organization.
Reasons to Acquire a Cloud-Based Cybersecurity Solution
Cybersecurity solutions are essential for safeguarding your business information. Here are some critical reasons to onboard a security service to evade cloud security threats.
1. Protects Your Business Data from Security Breaches
A typical cloud security solution ensures no breaches in your cloud infrastructure. It does so by ensuring a regular cloud security scan, identifying any security risks to your critical business data. It’s crucial because a data breach can lead to severe financial and legal consequences.
Especially if you are using a public cloud, your data security becomes even more critical because you’re not completely in charge of your data security. Even though third-party service providers uphold the highest security standards, it’s still possible that your data can be leaked.
Therefore, many businesses prefer using a hybrid cloud and pay extra money to ensure higher security for their business data. Moreover, consulting with your cloud security provider can help you better elaborate on the need for customized security solutions for your business.
2. Remote Work Management Becomes Easier
Cloud computing has made it remarkably easy for businesses to continue operations regardless of location. So, an employee can enter data and upload files from anywhere. Easier access to data is one of the prime advantages of cloud computing.
Due to such flexibility, it’s now possible for managers to hire remote employees from anywhere and ensure quality work all the time. However, such flexibility also brings about a security threat to your business.
While you may be concerned about your data security, the same may not be true for your employees. So, they might use vulnerable networks that can easily succumb to a cyberattack. For instance, if a worker uses public Wi-Fi to access the company cloud, it increases the chances of security breaches.
Hence, by employing adequate safeguarding actions to deal with such threats, you can manage your remote work flawlessly, evading phishing and malware attacks on your cloud infrastructure.
3. Easier to Recover Data
Even if your data gets hacked or leaked on the cloud, a security solution can make it easier to retrieve it. It’s one of the major reasons companies opt for a business cloud security solution. With conventional on-premises storage solutions, it can be too difficult to retrieve your data in case of an on-site accident like fire, etc.
However, when you have robust cloud security solutions, you can conveniently retrieve your data from multiple server clouds. If you don’t have a security solution in place, you risk too much, which could be fatal for your organization.
4. Helps Comply with Security Policies and Regulations
Federal security and data protection standards dictate how companies should manage their cloud data. The HIPAA and GDPR rules require businesses to maintain high-security standards and adhere to the regulations.
Thanks to these standards, businesses can maintain integrity and customer data security. Hence, in case of a security breach, valuable customer data and privacy is not compromised. Moreover, the best cloud security solutions adhere to security policies, so you don’t need to worry about compliance matters.
Hence, even if a security breach occurs, you can rest assured that there will be no legal action against your company.
Cloud security solutions are especially critical for finance and health sector institutions. However, there are wider industrial niches that can make the most of these security services and ensure flawless business operations all the time.
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