Weekly CloudNews: How COVID-19 Impacts Cloud Investment


Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!

Here are the blogs we’ve posted this week:

With that, onto this week’s news:

10 ways the pandemic affected cloud investment

N.F. Mendoza, Tech Republic, Nov. 9, 2020

“The report cites 10 key findings, which include a reveal of the biggest barrier to effective cloud security: The organization’s budget. But in the next 12 months, 41% of IT decision-makers said they plan to increase security budgets.

The engagement with the cloud had been enthusiastic, but COVID-19 sent the innovations into fast forward, which meant that the enterprise was able to assess use quicker, but since it was a digital transformation that evolved from urgent need rather than careful observation and experience, it’s now time to make the cloud more efficient.”

Five Ways Cloud Platforms Need To Be More Secure In 2021

Louis Columbus, Forbes, Nov. 8, 2020

“Cyberattacks are going through a digital transformation of their own this year, with their targets more frequently being cloud services and the workloads running on them. McAfee Labs Covid-19 Threats Report from July found a 630% increase in cloud services cyberattacks between January and April of this year alone.

The cyberattacks look to capitalize on opportunistic gaps in cloud platforms’ security structures. The 2020 Oracle KPMG Cloud Threat Report provides insights into much faster cloud migration is outpacing security readiness. 92% of security leaders admitted that their organization has a gap between current and planned cloud usage and their program’s maturity. Of the 92%, 48% say they have a moderate public cloud security readiness gap and 44% say the gap is wider than average. The research team looked at the overlap of which organizations believe they can secure their use of public cloud services and found 44% do today across both categories.”  

What will cloud security look like in 3 years?

David Linthicum, InfoWorld, Nov. 6, 2020

“Automate everything. Some security systems automate existing processes today, but in five years this will be taken to the next level. We’ll have uber-dynamic interactions with potential threats, backed up by a machine learning system, using intercloud and intracloud orchestration of many different resources to find and stop attacks.

Focus on intercloud security. As we move to a multicloud world, we’re finding that using native security systems for each public cloud is way too laborious and causes complexity and confusion that can lead to breaches.”

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