Cloud computing services, where software and services are delivered over the internet instead of locally installed servers, are rapidly going mainstream. Businesses are increasing their software-as-a-service subscriptions, while the Singapore government plans to migrate most of its IT systems to commercial cloud services within five years from 2018.
The future operating environment could well be cloud-first. Yet, the large volumes of data concentrated in cloud servers will be highly attractive to cyber criminals. While security is a top concern among cloud users, many are also turning to the cloud to address their security challenges. Worldwide spending on cloud security solutions is growing rather than shrinking, where the total spend for 2019 is forecasted to reach $459bn, more than double of what was spent in 2017, according to a report by Gartner.
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