76% of Organizations Worried About Cloud Security as Cloud-Based Network Attacks Surge by 48%

Report highlights that organisations rely on the cloud to enable scalability and flexibility, yet struggle to secure it effectively

Check Point® Software Technologies Ltd., a prominent global provider of cybersecurity solutions, has joined forces with research firm Cybersecurity Insiders to publish the 2023 Cloud Security Report. This report, which draws on a comprehensive survey involving more than 1,000 cybersecurity professionals worldwide, offers valuable insights into the present state of cloud security management, highlighting prevailing challenges and opportunities. The findings underscore the ongoing threat posed by misconfigurations, which continue to be a significant concern for organizations.

Despite the numerous advantages that organizations gain from utilizing the cloud, such as scalability and flexibility, effectively securing it remains a daunting task. The survey reveals that misconfigurations rank as the primary cloud security concern, affecting an alarming 59% of respondents. These misconfigurations not only expose organizations to vulnerabilities but also hinder their ability to fully exploit the potential of the cloud.

Unsurprisingly, businesses are rapidly expanding their cloud presence, with 58% planning to store over 50% of their workloads in the cloud within the next 12 to 18 months. However, the survey highlights a pressing issue: a significant 72% of respondents struggle with managing access to multiple security solutions, resulting in confusion and compromising the security of cloud management. The increasing complexity of understanding and safeguarding the cloud’s threat landscape has become a major concern for IT leaders, leaving vulnerabilities unchecked. Malicious actors are taking advantage of these challenges, as evidenced by the Check Point Research report, which indicates a staggering 48% surge in cloud-based network attacks in 2022 compared to the previous year.

The survey reveals that organizations have implemented various technologies and strategies to manage their intricate cloud environments. However, the complexity, lack of visibility, and lack of control are leading to confusion. Of particular concern is the fact that 26% of organizations have 20 or more security policies in place, resulting in alert fatigue and hindering response teams’ ability to effectively address high-risk incidents. Notably, 90% of respondents expressed a preference for a single cloud security platform that simplifies management. Furthermore, a significant 71% of organizations have more than six security policies in place, with 68% finding the multitude of alerts overwhelming due to the use of multiple tools. This highlights the need for a comprehensive and collaborative cloud security solution.

According to TJ Gonen, VP of Cloud Security at Check Point Software Technologies, “Our survey found that cloud misconfigurations are the foremost concern for today’s CISOs. However, what sets successful cloud security organizations apart is not only the ability to identify misconfigurations but also to understand their contextual relevance and prioritize their resolution. Understanding which misconfigurations truly pose a risk to business operations is paramount, as is the capability to swiftly and effectively address those vulnerabilities to maintain a strong security posture. It is imperative for enterprises to select a comprehensive solution that goes beyond surface-level detection.”

Key findings from the 2023 Cloud Security Report include:

  • Primary Security Challenges: The most significant security threat is the misconfiguration of cloud platforms or improper setup (59%), followed by the exfiltration of sensitive data (51%), insecure interfaces/APIs (51%), and unauthorized access (49%).
  • Cloud Security Incidents: 24% of respondents reported experiencing security incidents related to public cloud usage, with misconfigurations, account compromises, and exploited vulnerabilities being the most common types of incidents.
  • Cloud Configuration and Security Policy Management: While 62% of organizations utilize cloud native tools for configuration management, 29% rely on dedicated Cloud Security Posture Management Solutions (CSPM).
  • DevSecOps, CIEM, and Unified Security Management: 37% of respondents have implemented DevSecOps in specific areas of their organization, while 19% have established a comprehensive program.

The report concludes by emphasizing the proactive approach organizations need to adopt in addressing cloud security challenges. In a cloud environment, the scale, speed, and reach of operations are amplified, necessitating robust security measures. Check Point CloudGuard, leveraging the power of unification and contextual intelligence, empowers organizations to implement actionable security measures and smarter prevention.