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SANS 2020 Survey sees Cloud usage driving cybersecurity spending

Survey respondents saw a need to increase spending on cloud security monitoring

SANS 2020 Survey sees Cloud usage driving cybersecurity spending
John-Pescatore, SANS Director of Emerging Security Trends

The rapid migration to cloud-based technologies is the biggest disrupter worldwide of operations and a key driver when organisations plan their spending increases, according to the results of the latest SANS 2020 Cybersecurity Spending Survey.

“The SANS survey showed that rapid movement of corporate services and business applications to cloud-based technology is the biggest factor causing breakage in existing security architectures as well as driving most new security spending,” says John Pescatore, SANS Director of Emerging Security Trends.

Slightly more than 50% of respondents ranked the increased use of public cloud infrastructure-as-a-service (IaaS) implementations as the biggest disrupter to security programs in the next 12 months. Based on that, 71% of respondents reported seeing a need to increase spending on cloud security monitoring, followed by cloud access security broker cloud-specific tools (53%), staff skills training (52%) and strong authentication (46%).

Overall, 57% of respondents feel that out of people, process and technology, an increased investment in people would provide the biggest improvement to their overall security posture, followed distantly by process (19%) and technology (18%).

“Managers see increased and refreshed skills in their existing staff as being significantly more critical than simply increasing headcount,” according to Barbara Filkins, SANS Analyst Program Research Director and author of the report.

Strong authentication, the fourth most highly cited area of planned new spending, points to the recognition that the majority of damage from breaches and ransomware attacks in the past year were enabled by the use of reusable passwords that were easily captured via phishing attacks. CEOs and boards of directors are backing security teams in overcoming obstacles to implementing multifactor authentication.

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