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TRENDING STORY  Cloud Security-The                                                    in society and has acted
                                                                                             as a catalyst in terms of
         Prime Concern for
                                                                                             speeding up the overall
         Organizations
                                                                                             process of adopting
            A report released by
                                                                                             cloud security globally.
         Research and Market
                                                                                             The need to work
         revealed that the Indian
                                                                                             remotely supercharged
         cloud infrastructure
         market is estimated to
                                                                                             cloud security,” says
         expand at a CAGR of                                                                 the adoption rate of
                                                                                             Debasish Mukherjee, VP,
         23.61% during 2019-                                                                 Regional Sales - APAC at
         2024, and will likely                                                               SonicWall.
         reach a value of INR                                                                  He further explains
         196.46 Bn by 2024.                                                                  that as enterprises
         There has been a massive                                                            have moved to work
         increase in the cloud                                                               from home culture,
         adoption rate during                                                                their devices have
         the pandemic, especially                                                            now become truly
         in the wake of the                                                                  limitless. Employees
         Digital India movement,     DeBaSISh mukheRjee,                                     continue to use their
         launched by the             VP -Regional Sales, APAC at SonicWall                   devices, including
         government. However,                                                                their mobile phones,
         the rise in the adoption    that capitalized on the     access all their files      or even the iPads, and
         of cloud technology also  COVID-19 pandemic,            without having to keep      their corporate laptops.
         brings along with it an     and a 176% increase         the bulk of that system     Children are also
         exponential increase in     in malicious Microsoft      on their computers.         accessing their parent’s
         cybercrimes.                Office file types.          People use cloud            laptops to do their
            According to the            Given the above          computing services,         school work that further
         SonicWall Capture           scenario, there is no       such as google drive,       opens up a multitude
         Labs that released their    arguing the fact that       Instagram, Facebook,        of vectors that a lot of
         cyber threat report         cloud security has          Gmail daily. Besides,       people fail to take into
         for mid-year 2020           become one of the           the consumption of          consideration. Given the
         recently, there have        prime concerns for both     OTT platforms has also      above scenario, cloud
         been massive increases      the enterprises and the     increased multifold.        security has indeed
         in the ransomware, IoT      cloud storage providers        Given the above          become the need of the
         malware attacks, and        at the moment.              increase in security        hour for all the cloud
         opportunistic use of the       The current norm         breaches, enterprises       storage providers to
         COVID-19 pandemic.          of remote working has       are either disabling their   adopt.
            The report analyzed      forced industries to        application or websites       Echoing similar
         threat intelligence         migrate to the cloud to     or losing a significant     sentiments, Adam
         data gathered from          support their businesses    amount of their annual      Palmer, Chief
         1.1 million sensors in      from their homes.           turnover. Hence,            Cybersecurity Strategist,
         over 215 countries and      Those that continue to      cybersecurity has gained    Tenable opines that
         territories. Thus, the labs  rely on the traditional    prominence among            the perception that the
         recorded a 50% rise of      methods will fail to        cloud storage providers.    cloud is more vulnerable
         IoT malware attacks,        survive unless they adopt      “COVID-19                than on-premises
         7% of phishing attacks      the latest technologies.    led pandemic has            technologies is false.
                                     Remember, users today       introduced a new order
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      10             SEPTEMBER 2020
                     SEPTEMBER 2020
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