2024 Cloud Security Report [Trend Micro]

Cloud security continues to be a critical concern as organizations increasingly leverage multi-cloud environments to drive business growth and innovation. While cloud technologies offer substantial benefits, they also present significant challenges, including complex security management, evolving compliance requirements, and a worsening threat landscape.

This 2024 Cloud Security Report, based on a comprehensive survey of over 400 IT and cybersecurity professionals across Europe, aims to unveil the current state of cloud security, identify prevalent challenges, and gather insights into the effectiveness of existing security strategies. This project was designed to provide actionable insights that guide organizations in enhancing their cloud security measures and practices.

Key Survey Findings:

• Security Incidents: A significant 42% of organizations reported experiencing security incidents related to public cloud usage in the last year, highlighting the continued risk in cloud environments. Respondents identified unauthorized access (59%) and data security breaches (61%) as the biggest security threats, highlighting critical areas for strengthening security measures.

• Single Cloud Security Platform: Survey respondents confirm the benefits of a single cloud security platform and dashboard, with 96% expressing that it would greatly aid in managing and configuring policies to protect data across their cloud infrastructures.

• API Security Risk: Nearly half of the respondents (49%) emphasized the importance of securing APIs, identifying these as prevalent points of vulnerability.

• Incident Response: 61% of participants acknowledged the need for automated incident response mechanisms to effectively address security incidents.

We extend our gratitude to Trend Micro for their valuable contributions to this report. Their dedication to advancing cloud security has been instrumental in developing this comprehensive analysis. We are confident that the insights and recommendations detailed in this report will prove useful to readers striving to secure their cloud environments