According to a 2020 report by Gartner, 99% of the vulnerabilities exploited by cybercriminals will be known to industry professionals for at least one year.
The report, although disturbing, is not shocking by any measure. Delays in update implementation, poor patch management policies and the absence of adequate security policies within organizations have contributed to the proliferation of cyberattacks for years. With the corporate IT migrating to the cloud, it is now carrying these systemic faults and limitations along with it.
And, it’s not all about security and compliance. The promise of the cloud continues to be agility, flexibility, and responsiveness, among others. Organizations can extract these benefits only when their cloud policies are designed to leverage the cloud’s advantages. This is why cloud governance is the need of the hour.