Significance of Cloud Security in Businesses

Enterprise Security Magazine | Wednesday, December 05, 2018

Cloud technology has been under scrutiny by both critics and experts. Cybercrime industry has hindered the adoption of the technology, but experts still believe that it is more secure than any other private communication and IT network linked to the internet. Moreover, the increasing numbers of end users are acknowledging its benefits such as scalability, effectiveness, flexibility. These benefits play a vital role in the development of the cloud security market. 

Essential for Smooth Communications

Software-driven WAN is the most plausible way to secure cloud services. Even though the cloud management services are extensively used in large enterprises, SMEs are on the threshold of using these services. Due to rapid technological development, SD-WAN have been proven effective in connecting businesses to a global network, fortified by enterprise-grade security services. The SD-WAN is enforced by a unified policy that provides visibility across the entire WAN. Responding to threats becomes easy for managers and the data is well protected due to the clarity.

Cloud technology has become an integral part of enterprise communications because this unified communications-as-a-service (UCaaS) empowers organizations with increased mobility, upgrades at reduced costs, speedier access to new platforms, hassle-free deployment, high levels of scalability, and versatility. UCaaS incorporates SMS, team messaging, video conferencing, fax, and phone services to a single cloud platform. These services can be accessed from any device augmenting productivity and security along with ease of use. IT departments can boost their economic value and achieve greater scalability.

End-Use Industries to Take Advantage

Cloud technology is becoming an essential part of several industries. Security solutions need to be fortified as well.

Cloud Security in Banking, Finance Services, and Insurance: Confidential and personal data of the customer and the private information of the company are of utmost importance for banking, financial services, and insurance (BSFI). Data encryption and an additional layer of security are used to protect the data. Cloud implementation with security solutions provides BSFI the access to technologies such as the Internet of Things (IoT), big data and artificial intelligence (AI).

Cloud Security in Information Technology: The need to reduce the cost of IT infrastructure is escalating, and the implementation of cloud solutions is increasing simultaneously. IT and telecom providers are working towards protecting the network operations from security issues. With rapid advancements in cloud solutions, high-level security is feasible for enterprises. Cloud Access Security Brokers (CASBs) is one example. These brokers work as enforcement points between consumers and cloud service providers to assist enterprises in managing services.  

Cloud Security in Healthcare Industry: The shift from large files to digitized data is a giant leap for the healthcare system. It becomes indispensable for hospitals and healthcare providers to protect patients sensitive data as the reputation of health care providers is at stake. Healthcare industry is investing in cybersecurity solutions for smooth operations and the ability to access the benefits of the cloud.