- Events, Blogs & News
A critical shift in cloud usage has occurred in which organizations are no longer looking at cloud as nice to have. Cloud deployments have transitioned into business-critical initiatives for organizations looking to innovate their business, increase efficiency, and improve security. In fact, the Oracle and KPMG Cloud Threat Report 2019 shared that nearly half of all respondents expect to store the majority of their data in a public cloud by 2020. This promising shift in cloud usage is highlighted in Oracle’s Top 10 Cloud Predictions 2019.The paper highlights several exciting predictions such as the further incorporation of automated and AI technologies into every layer of security. These innovative solutions enable greater accessibility for non-technical business users who are looking for a tool that can be easily managed and reliable. However, this speedy innovation has caused challenges within the organization; securing applications (and your environment as a whole) is more critical than ever. The Cloud Threat Report also found that 93% of respondents are dealing with rogue cloud app usage, in other words, IT organizations are struggling to keep up with their LoBs and the risk of a breach is greater than ever.
Organizations are reaping the benefits of cloud usage, but they must also be aware of potential risks. Companies no longer retain the sole control over their data. The rapid roll out of cloud solutions has left many organizations struggling with visibility. These organizations have multiple tools all designed to complete a specialized function, but not intended to integrate together to create a full picture. Understaffed IT security departments simply do not have the bandwidth to piece together all of the notifications from their disparate systems. This vulnerability gap leaves organizations susceptible to attack. The paper predicts90% of enterprises will use a single identity platform that bridges the visibility gap within hybrid environments. Food for thought when we consider the massive amount of data each user in our organizations may have access to. Standardizing your identity platform on a modern tool designed to meet the needs of both on premises and cloud solutions is critical in protecting not only your users, but also your corporate applications and sensitive data. Organizations also find that with a unified hybrid IAM solution, they are better able to support their security and compliance objectives all while improving user experience and trust.
Streamlining tools and increasing automation will be critical as the paper’s ninth prediction states that the number of security events will increase 100x by 2025, and automation will become the most reliable way of preventing, detecting, and mitigating threats. Organizations are pounded with hundreds or even thousands of security events each week. The overwhelming number of events makes it impossible for teams to catch and act on every real threat. So how do we compete with highly sophisticated attackers? The recent Secure and Manage Hybrid Clouds guide, discusses the importance of incorporating AI and machine learning capabilities into your security strategy. Cyber criminals are utilizing automated technologies to blend into your environment and sneakily expose or steal your sensitive information. Organizations looking to beat these attackers at their own game must bring automation to the forefront and work on better ways to train all employees on security best practices. These small steps can protect an organization’s employees, customers, and brand reputation.
With this in mind, Oracle developed its first Autonomous Database that leverages the power of AI and machine learning to fight against advancing security threats. The database provides self-securing and self-repairing capabilities to help reduce risk by avoiding breach costs, possible reputational damage, and revenue loss. In continuation, Oracle’s Cloud is embedded with layers of defense that span across users, apps, data and infrastructure. Its autonomous security services help prevent, detect, respond to, and predict sophisticated security threats starting with the ‘core’ with your data all the way to the ‘edge’ of your network. This enables businesses to fight back against cybercriminals with the support of their own advanced and autonomous machines.
As we head into the second half of this year, think about the changes you see on the horizon for organizations in your industry. Any predictions?