Cloud Security Statistics 2020

A full 34 percent saw security and risk management as the number one driver of it spending overall at their organization.

Cloud security statistics 2020.

Platform as a service paas expected to grow in adoption to 56 by 2020. Alarming cyber security statistics for 2020. Ibm security s chris collard weighs in on cloud security trends from 2019 and top priorities for 2020. Astonishing cloud computing statistics for 2020 editor s choice.

In 2020 this is expected to rise significantly to 56 making it the fastest growing segment in cloud platforms. These cybersecurity statistics for 2020 are grouped by category and include breaches costs crime type compliance industry specific stats and job outlook. One of the top reasons why organizations are moving to the cloud is security. As organizations move to the cloud security needs to be at the forefront of the discussion.

Organizations average yearly cloud budget was 2 2 million in 2018. Experts agree that by the year 2020 the average cost of a data security breach for a major business would be over 150 million. Statistics on cloud computing reveal that 41 of the workload will be done on public platforms 20 on private ones and 22 on hybrid cloud platforms. 83 of enterprise workloads will move to the cloud by the year 2020.

The global public cloud computing market is set to exceed 330 billion in 2020. The latest stats and trends show that individuals and businesses are at a high risk of cyber attacks cyber crime. Enterprise spending on cloud security solutions is predicted to. It seems that around 95 percent of cloud security failures result at fault of the customer.

A smaller sized company could be put out of business due to a large breach. The cloud s complex use doesn t always make it user friendly but the way it s. Cloud security statistics for 2020. Below are some statistics related to how costly data breaches are as of 2019 20.

Ricks cloud based on cloud computing usage statistics the adoption of platform as a service paas back in 2017 was only 32. Enterprises are predicted to spend 12 6b on cloud security tools by 2023 up from 5 6b in 2018 according to forrester. The cloud has sophisticated and up to date security software that makes it difficult for cyberattacks to target businesses. On the other hand on premise workloads are expected to decrease from 37 to 27 by 2020.