81% of companies had a cloud security incident in the last year

A security camera.

As many as 81% of organisations have experienced a cloud-related security incident over the last 12 months, with almost half (45%) suffering at least four incidents.

This is according to a study by Venafi, a provider of machine identity management, which has evaluated the complexity of cloud environments and its impact on cybersecurity.

The underlying issue for these security incidents is the dramatic increase in security and operational complexity connected with cloud...

55% of UK IT pros trust public cloud providers less than two years ago

Scrabble tiles spelling 'trust'

More than half (55%) of UK IT professionals currently trust public cloud services less than they did two years ago, having run into challenges around usage costs, migration and customer service.

This is according to a study by Leaseweb Global, a hosting and cloud services company, which explored 500 UK-based IT professionals’ experience with public cloud providers over the last two years. The study raises questions regarding whether hyperscale is the best way forward or viable...

Almost half of businesses struggle to control cloud costs

A pile of Sterling notes.

Nearly half of businesses (49%) find it difficult to get cloud costs under control, and 54% believe their primary source of cloud waste is a lack of visibility into cloud usage.

This is according to a new report published today by business monitoring company Anodot. The findings highlight an ongoing visibility crisis in which organisations are struggling to gain appropriate insights into the breakdown of cloud costs and efficiency of cloud use and therefore cannot effectively...

Global cloud services spend up 33% to hit $62.3 billion in Q2 2022

Cloud infrastructure services continued to be in high demand in Q2 2022. Worldwide spending increased 33% year on year to $62.3 billion, driven by a range of factors, including demand for data analytics and machine learning, data center consolidation, application migration, cloud-native development and service delivery.

The growing use of industry-specific cloud applications also contributed to the broader horizontal use cases seen across IT transformation. The latest Canalys data...

IDC predicts cloud infrastructure spending this year will hit $90.2B

IDC forecasts that cloud infrastructure spending will exceed $90 billion in 2022.

In Q1 2022, IDC found that spending on compute and storage infrastructure products for cloud deployments – including dedicated and shared environments – increased 17.2 percent year-over-year to $18.3 billion.

The firm’s analysts note the strong growth is despite “tight supply of some system components and disruptions in transportation networks.”

Dedicated cloud...

Downtime impact worsening as industry fails to curb outages

A close up of a clock face.

The digital infrastructure sector is struggling to achieve a measurable reduction in outage rates and severity, and the financial consequences and overall disruption from outages are steadily increasing.

This is according to the Uptime Institute, which has released the findings of its 2022 annual Outage Analysis report.

Andy Lawrence, founding member and executive director, Uptime Institute Intelligence, said: “Digital infrastructure operators are still struggling to...

Multi-access edge computing spend to reach $23 billion globally by 2027

A new study from Juniper Research has predicted that global MEC (Multi-access Edge Computing) spend will grow from $8.8 billion in 2022, to $22.7 billion by 2027.

This growth of 260% will be driven by increasing requirements for on-premises machine learning and low-latency connectivity; enabled by 5G technology.

MEC is a network architecture that moves processing power and digital content to mobile network edges to provide lower latency and faster processing to end...

More than 90% of businesses are unable to properly succeed in the Data Economy

A man sitting on giant coins.

Just 6% of businesses globally use, access, and share data in a way that grants them all the business benefits provided by a robust data strategy, according to new research from Snowflake, the Data Cloud company.

The study of 1,000 business leaders and technology managers highlights the significant hurdles that the majority of organisations face in participating fully in the Data Economy.

The Data Economy, as defined by Snowflake, enables businesses to tackle the most...

Evolution of cybercriminals’ attacks on cloud native environments revealed

A graphic of a padlock.

Attackers are finding new ways to target cloud native environments, according to Nautilus, the threat research team of cloud native security provider, Aqua Security.

The team's latest research shows that adversaries are adopting more sophisticated techniques, leveraging multiple attack components, and shifting attention to Kubernetes and the software supply chain. The “2022 Cloud Native Threat Report: Tracking Software Supply Chain and Kubernetes Attacks and Techniques”...

UK firms ‘have limited awareness’ of cloud native security

A padlock on a shed.

Around a third of companies say that between 50-75% of their apps are cloud native, yet 20% have no cloud native security strategy in place.

This is according to a study by Aqua Security, which also found that 68.3% of respondents to its survey also admit that they are not familiar with the term CNAPP (Cloud Native Application Platform Protection), the cloud native security concept introduced by analyst firm, Gartner.

Paul Calatayud, CISO at Aqua Security, said: “As...