CloudBolt Industry Insights Report on Cloud Security Vulnerabilities

This document is a CloudBolt Industry Insights Report that examines the security vulnerabilities associated with hybrid cloud and multi-cloud environments. The report is based on a survey of 350 IT experts from large enterprises, revealing a complex landscape of cloud security perceptions and practices. While a significant majority of respondents believe their executive teams are committed to cloud security, many express concerns about the effectiveness of their security measures. Notably, 75% of respondents view cloud computing as the greatest expansion of the enterprise attack surface in the last two decades, and 59% feel that moving to the cloud has decreased their overall security. The report highlights a troubling skills gap, with many organizations lacking the necessary expertise to implement robust security practices. Additionally, it notes that only a small percentage of companies have operationalized security measures effectively, raising questions about the overall security posture in the cloud landscape. The findings underscore the need for improved vigilance and understanding of cloud security complexities.