Weekly CloudNews: 32% of IT Budgets Will Be Spent on Cloud By 2021

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With that, onto this week’s news:

Report Finds Cloud Security Concerns Warranted

Mike Vizard, Security Boulevard, Aug. 3, 2020

“Based on an analysis of 2 million scans of 300,000 public cloud assets running on Amazon Web Services (AWS) Microsoft Azure and Google Cloud Platform (GCP), the report finds cloud security lagging: More than 80% of organizations have at least one neglected, internet-facing workload that is either running on an unsupported operating system or has remained unpatched for more than 180 days.

The report also finds nearly half of the organizations (49%) have at least one publicly accessible, unpatched web server, while 44% have internet-facing workloads containing secrets and credentials that include clear-text passwords, application programming interface (API) keys and hashed passwords that could facilitate lateral access across a cloud environment.”

How can vendors and end users ensure cloud security?

Nick Ismal, Information Age, Aug. 3, 2020

“A recent survey from Aptum found that almost two thirds (38%) of companies have used cloud technology to scale infrastructure in order to meet demand and control costs since the start of the Covid-19 pandemic, while nearly half (48%) have adopted cloud solutions to provide critical services to end customers.

In addition, 76% of participants said that they have been using cloud services to facilitate remote working, while 92% expressed confidence in their company’s business continuity due to managed cloud services.”

32% Of IT Budgets Will Be Dedicated To The Cloud By 2021

Louis Columbus, Forbes, Aug. 2, 2020

“Enterprises’ average cloud spending is up 59% from 2018 to $73.8M in 2020. Cloud technologies are now embedded in enterprises’ business strategies, as 92% say their IT environment (infrastructure, applications, data analytics, etc.) relies on the cloud, predicted to grow to 95% in 18 months.

54% of enterprises’ cloud-based applications moved from an on-premises environment to the cloud, while 46% were purpose-built for the cloud.

These and many other fascinating insights are from the recently published IDG Cloud Computing Survey 2020. The survey’s goal is to measure cloud computing trends among technology decision-makers. The survey covers enterprises’ cloud services’ current usage rates and plans, cloud investments and business drivers.”

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