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All issuesVolume 315, Issue 1IT NewsCloud

The Expanding Enterprise Investment In Cloud Security

Gartner , Wednesday, June 5th, 2024

Gartner forecasts spending on cloud security to grow 24% in 2024, making it the highest growth of all segments in the global security and risk management market.

This increased investment is necessary as the continued shift to cloud unlocks new and more attack opportunities. In fact, Gartner predicts that by 2027, investigations involving cloud/third-party infrastructure will rise from an unstructured activity to more than two-thirds of reported incidents.

We spoke with Lawrence Pingree, VP Analyst at Gartner, at the Gartner Security & Risk Management Summit taking place this week in National Harbor, MD., about emerging cloud security technologies and why chief information security officers (CISOs) should be preparing for this shift in security management.

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