{"id":28491,"date":"2023-07-24T18:18:00","date_gmt":"2023-07-24T12:48:00","guid":{"rendered":"https:\/\/blog.aspiresys.com\/?p=28491"},"modified":"2026-03-11T13:47:04","modified_gmt":"2026-03-11T08:17:04","slug":"continuous-cloud-security-monitoring-why-it-can-give-you-an-8-trillion-insurance","status":"publish","type":"post","link":"https:\/\/www.aspiresys.com\/blog\/cloud\/cloud-optimization\/continuous-cloud-security-monitoring-why-it-can-give-you-an-8-trillion-insurance\/","title":{"rendered":"Continuous cloud security monitoring \u2013 Why it can give you an $8 trillion insurance?"},"content":{"rendered":"\n

$8,000,000,000,000 \u2013 That’s 8 trillion USD, about a third of the US\u2019 GDP in 2022. This sum is what researchers say organizations are likely to lose in cyberattacks in 2023. So, it\u2019s no wonder that Flexera 2023 State of the Cloud Report found that cloud security is one of the biggest and most pressing concerns for 79% of organizations. Cloud security optimization<\/a><\/span><\/strong> is only second to cloud cost management on C-suite leaders\u2019 to-do list for the year. However, while enterprises are busy balancing shrinking budgets, criminal groups are innovating.  <\/p>\n\n\n\n

The rapid digitization and cloud adoption sparked by the Covid-19 pandemic has left many organizations exposed with their sensitive data vulnerable to even the simplest of attacks. Reports indicate that a growing number of cyberattacks target business collaboration tools such as Slack or Microsoft Teams. <\/p>\n\n\n\n

Research found that healthcare facilities in the US alone reported an average of 1,410 weekly cyberattacks per organization in 2022. This is an 86% increase compared to the previous year. The global loss to cybercrime is predicted to grow more than 15% year by year to reach $10.5 trillion by 2025.  <\/p><\/blockquote>\n\n\n\n

On the positive side, bolstering your cloud security has never been easier. Cloud optimization services<\/a><\/span><\/strong> have risen to the occasion with proactive threat detection, robust identity management and most importantly, continuous cloud security monitoring.  <\/p>\n\n\n

Why your business needs continuous cloud security monitoring? <\/strong><\/h2>\n\n\n

Security tools and approaches such as single password-only mentality, firewalls, antivirus software, and pen testing aren\u2019t enough to withstand today\u2019s sophisticated cyberattacks. Verizon\u2019s 2023 data breach investigations report found that 74% of breaches involved some human element, which include error, privilege misuse or social engineering. In particular, 49% of breaches by external factors involved use of stolen credentials. With traditional security controls failing to keep up, continuous cloud security monitoring has taken over as the foundation for effective cloud security optimization.  <\/a><\/span><\/strong><\/p>\n\n\n\n

The dynamic nature of cloud environments demand high visibility into data, infrastructure and applications in real-time along with improved threat detection, incident response, vulnerability management and compliance assurance. Continuous cloud security monitoring, checks all these boxes with a dash of automation thrown in the mix to make up for any human errors. It is a proactive approach to cybersecurity, delivering real-time actionable security information. It expedites response time and provides routine reports and data for enhanced decision-making.  <\/p>\n\n\n

Continuous cloud monitoring in action<\/strong><\/h3>\n\n\n

There is no dearth of monitoring tools in the market. Most tools can also be customized per use case or industry or the size of your cloud environment. All you need to do is integrate the tool with your system, make sure it covers all your assets and is connected to your compliance program. The tool runs routine scans checking with its knowledge base to detect and flag any anomalies. It is important to note that while continuous monitoring is your foundational tool for improved cloud security, it can\u2019t be the only tool in your arsenal. The software needs a knowledgeable security team to keep watch over it and take steps to fix vulnerabilities or act on its remediation suggestions.  <\/p>\n\n\n\n

One of our clients, a leading financial institution, needed help with setting up a highly secure Azure infrastructure. Its primary focus was implementing comprehensive security measures to guard the infrastructure and data. Aspire Systems\u2019 cloud experts<\/a><\/span><\/strong> stepped in, providing round-the-clock monitoring. With security experts in control, the client could focus wholly on the core business. The team implemented Azure Sentinel for centralized SIEM activity, Azure AD SSO and MCAS security solution for 3rd-party applications and Intune for device security. They also set up Next-Gen Palo-alto, allowing security teams complete visibility over the whole network.\u00a0\u00a0<\/p>\n\n\n

Benefits imparted include: <\/strong><\/h3>\n\n\n