Cybersecurity CEO: The World Will Need to Cyber Protect 100X More Cloud Data by 2021

October 17, 2018

Secure private and public clouds will wipe out traditional data centers over the next 3-4 years.

Los Angeles, Calif. – Oct. 16, 2018

The degree of difficulty in protecting businesses from cyber attacks grows in proportion to a number of factors. Emerging threat actors, the prominence of interconnected devices and the most critical in my opinion – the VAST amount of data that needs to be secured – are all adding to this complex challenge. 

By 2013, the world was already accumulating data at an astonishing rate of 2.5 quintillion bytes of data every day. At the time, 90% of the world’s data had been created in just the two years prior.

Fast-forward to the cloud era, a time in which enterprises and consumers are storing more of their data online. Microsoft helped frame digital growth with its estimate that data volumes online will be 50 times greater in 2020 than they were in 2016. 50x! Just think about that for a moment and the impact that volume could have on your business, on your storage, on your security.

Cisco confirmed that cloud data center traffic will represent 95% of total data center traffic by 2021. Or to put it another way – cloud computing will wipe out data centers altogether over the next 3-4 years.

Cybersecurity Ventures predicts that the total amount of data stored in the cloud – which includes public clouds operated by vendors and social media companies (think AWS, Twitter, Facebook, etc.), government-owned clouds that are accessible to citizens and businesses, and private clouds owned by mid-to-large-sized corporations – will be 100X greater in 2021 than it is today. You read that right – 100X.

To be clear, total data storage is everything digitally generated in the cloud by humans and computers - including IoT devices.

Cybersecurity Ventures predicts that the world will need to cyber protect and defend 100X more cloud data by 2021.

I’m a proponent of the cloud in a big way and believe that data stored there is more secure than conventionally stored data.

Cloud computing offers convenience, time to value and flexibility that can’t be offered by traditional servers. I can run a far more efficient practice when I’m maximizing shared workloads than overloading individual computers. It only makes sense and we hear the sports analogies all the time, “Work as a team – share the load, etc”. As business leaders and security practitioners, we need to leverage the greatest “team” environment available to us – the cloud.

Now committing to the “team” or in this case, the cloud, isn’t enough. We still need to ask ourselves – what model will work for my business? What compliance measures do I need to abide by in the cloud? There are multiple solutions available pending your approach – subscription-based cloud software, platform as a service and overall cloud infrastructure as a service are all on the rise. Same goes for hybrid cloud environments, offered by multiple vendors, which are a combination of public and private cloud. Then there’s our very favorite decision-making factor – compliance. How do your industry or regional directives treat the cloud?

There are still a lot of unknowns in this space but what is clear is that the world’s cloud data is on the rise. Cloud data will multiply 100X over the next 3-4 years and as business leaders, we can’t become complacent. Insider threat, ransomware attacks, IoT hacks, exploits in codebases, and other vulnerabilities are staring us in the face - even if we can’t see them. And to be clear – even if the data is in the cloud, it's your responsibility to protect it!

To Your Success

RH

Originally posted on cybersecurityceo.com


About Herjavec Group

Dynamic entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity products and services to enterprise organizations. We have been recognized as one of the world’s most innovative cybersecurity operations leaders, and excel in complex, multi-technology environments. Our service expertise includes Advisory Services, Technology Architecture & Implementation, Identity Services, Managed Security Services, Threat Management and Incident Response. Herjavec Group has offices and Security Operations Centers across the United States, United Kingdom and Canada.

Stay Informed

Follow us on Twitter

Connect with us on LinkedIn