Why Cloud-based Security Services Are on the Rise

By Karen A. Frenkel  |  Posted 10-30-2015 Email

A new study finds an increase in IT security incidents since last year (no surprise there) and a boost in security budgets this year (certainly a nice surprise). The PwC study also revealed a greater adoption of security frameworks, and the use of cloud-based security services. The study, "The Global State of Information Security Survey 2016," was conducted by PwC U.S. To examine how executives seek innovations and new frameworks to improve security and mitigate enterprise risk, 10,000 respondents—CEOs, CFOs, CISOs, CIOs, CSOs, vice presidents and directors of IT and information security from more than 127 countries—completed an online survey between May and June of this year. Thirty-seven percent were from North America, 30% from Europe, 16% from Asia Pacific, 14% from South America, and 3% from the Middle East and Africa. "Many organizations are embracing advanced authentication as a cloud service in place of solely password-based authentication," said David Burg, PWC's global and U.S. advisory security leader. "There is no one-size-fits-all model for effective cyber-security. It's…the right mix of technologies, processes and people skills."

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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