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21st June 2019

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It is another case of mind the gap, according to McAfee: while the vast majority of companies are seeing some level of business acceleration through their cloud initiatives, only a fraction are exploiting its full potential.

The security provider has released a special edition of its Cloud and Risk Adoption Report, which polled 1,000 enterprise organisations worldwide alongside collating data from anonymised cloud events across its cloud access security broker (CASB) product.

87% of organisations polled said they do experience some business acceleration from their use of cloud services. More than half (52%) of respondents said they found better security in the cloud than in on-premise IT environments.

Looking at where data resided, almost two thirds (65%) of enterprise data analysed lives in software as a service (SaaS) environments, such as business collaboration tools, with a quarter (25%) in infrastructure as a service (IaaS). The remaining 10% is the big unknown, as shadow IT. Only a third (36%) of those polled said they could enforce data loss prevention in the cloud, with a similar number (33%) saying they could control collaboration settings which determined how data was shared.

The report – as may be expected given how the figures were acquired – explored the impact CASBs made on operations. Not altogether surprisingly, the findings were positive. McAfee argued that organisations were over 35% more likely to launch new products, gain quicker time to market, as well as expanding to new markets, when using a CASB. Despite this, only one in three companies polled were currently using a cloud access security broker.

“This research shines a light on organisations who are leading the charge in cloud adoption, prioritising the security of their data as they roll out new cloud services and winning in the market because of the actions they are taking,” said Rajiv Gupta, senior vice president for cloud security at McAfee. “Organisations often tell us how much faster their business moves when security is addressed in the cloud, and it is exciting for us now to quantify this experience and share our data and recommendations with the rest of the market.”

Read more: Gartner’s latest Magic Quadrant shows the need for cloud access security brokers going forward

https://www.cybersecuritycloudexpo.com/wp-content/uploads/2018/09/cyber-security-world-series-1.pngInterested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases? Attend the Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam to learn more.

About the Author

James has more than a decade of experience as a tech journalist, writer and editor, and served as Editor in Chief of TechForge Media between 2017 and 2021. James was named as one of the top 20 UK technology influencers by Tyto, and has also been cited by Onalytica, Feedspot and Zsah as an influential cloud computing writer.

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