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Valtix Survey Multi-Cloud Security is a Top Priority For Most IT Leaders, Yet 76% Believe It’s Underinvested

Valtix Survey Multi-Cloud Security is a Top Priority For Most IT Leaders, Yet 76% Believe It's Underinvested
Multi-cloud adoption will be strong in 2022 but key security gaps and challenges remain

Valtix, the industry’s first multi-cloud network security platform as a service, released new research, conducted by an independent research firm, which reveals the top challenges, opportunities, and strategies IT leaders are dealing with when it comes to multi-cloud security.

The survey of more than 200 IT leaders in the U.S. finds that while 95% of businesses are making multi-cloud a strategic priority in 2022 with security being top of mind (96%), only 54% feel highly confident that they have the tools or skills they need to execute. In fact, when it comes to multi-cloud operations in general, 76% of respondents believe it is “underinvested” at their respective companies.

More than half (51%) of IT leaders surveyed resist moving to multiple cloud platforms due to added security complexities, even though 92% of them know at some point business growth will demand it. 82% agree that the complexities of implementing and managing multi-cloud security has slowed down business agility. As a result, most companies face a substantial gap between multi-cloud security and the cloud needs of a business, which many believe will drive the next wave of high-profile security incidents if not prioritized.PREDICTIONS SERIES 2022

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Additional key highlights from the research include:

  • 62% of organizations are multi-cloud, and 84% that aren’t on multi-cloud expect to be within 2 years.
  • 83% of companies are committing additional budget to multi-cloud security in 2022. On average these companies plan to increase those budgets by 47%.
  • 67% of companies recognize that their employees are underskilled when it comes to multi-cloud security.
  • Only 48% feel highly confident that every application workload in their public cloud accounts is known.
  • Only 55% feel highly confident they have network or host-based security deployed across all of their public cloud accounts and the app workloads that run there.

“IT leaders are entering 2022 in a precarious state when it comes to multi-cloud security. They are under funded, under skilled, and inefficient at executing on security within multi-cloud strategy,” said Douglas Murray, CEO at Valtix. “The reality is that managing several cloud providers multiplies threats, work, and headcount. With multi-cloud becoming more relevant in 2022, organizations are looking to find the best solutions to implement multi-cloud security policy and visibility.”

When it comes to managing and securing apps across multiple clouds:

  • 96% of IT leaders say their job would be easier if they had one console view to manage their security across multiple clouds.
  • Not having visibility into cross-cloud security controls and policy creates more work for 82% of IT teams
  • 89% of IT leaders recognize that cloud security is different from an on premises approach, suggesting IT leaders should look for cloud-native security solutions that are purpose built to secure cloud workloads.

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[To share your insights with us, please write to sghosh@martechseries.com]

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