Consequently, the cloud is now facing an onslaught of more frequent – and more successful – cyberattacks as cyber-attackers target the platform’s security blind spots. According to our latest Zero Labs report, many Singapore organisations targeted by cyberattacks last year experienced attacks across multiple aspects of their hybrid environment, with a jarring 67% of attacks impacting cloud data. For those engaging in multi-cloud, this issue is further aggravated by the lack of synonymy between different cloud platforms, which creates complex security challenges and reduces visibility over data movement and usage between services.
In the grand concert hall of today’s digital landscape, data stands as the virtuoso performer, the cornerstone of organisational value. Much like a Stradivarius violin in the hands of a master, data is an asset of unparalleled worth. In Asia Pacific (Apax), data centre capacity is projected to more than double by 2028, pooling a staggering investment of US$564 billion. In tandem, the cloud market is poised for a crescendo with an anticipated growth rate of 17.3%, reaching a market size of US$329.1 billion by 2027.
Yet, this influx of investments into data generation and storage has led to what is known as the data explosion, and businesses are now looking at the best ways to protect their orchestral masterpieces. This is even more pronounced in Apac where many are moving beyond traditional approaches to adopt multi-cloud strategies, with nearly two-thirds of the region’s top 2000 organisations expected to do so by 2025. However, as organisations conduct their multi-cloud symphony with its harmonious blend of enhanced data ownership and optimised costs, they can inadvertently expand their attack surface and diminish data visibility.
