Technology Magazine December 2024 | Page 104

IOT s businesses race to embrace digital transformation , a silent battle rages in the cloud . Security teams across industries are grappling with an exponentially growing attack surface , whilst threat actors probe for weaknesses in increasingly complex systems . The stakes couldn ’ t be higher – recent studies show that 43 % of organisations have experienced successful security breaches in the past two years alone .
“ From a security operations perspective , a major challenge is that the attack surface of the average organisation is growing exponentially ,” says Pete Shoard , VP Analyst at Gartner . “ This growth is due to the utilisation of cloud infrastructure and SaaS applications as well as the growing need for multi-device connectivity to business services .”
The cloud computing market , projected to reach US $ 1.24 trillion by 2027 , has fundamentally transformed how businesses operate . This transformation brings unprecedented opportunities for innovation and growth , but equally introduces new vulnerabilities that organisations must vigilantly guard against . Dr Chris Hillman , Data Science Senior Director International at Teradata , notes that while “ the cloud significantly reduces the barriers to adoption and deployment ,” this accessibility is a double-edged sword . “ This low barrier to entry and ease of deployment comes with security and governance risks ,” he warns .
104 December 2024