Global Cloud Security Posture Management Market By Component (Solutions, Services), By Cloud Model (IaaS, SaaS), Industry Vertical (BFSI, Healthcare, IT & Telecommunication, Retail & Trade), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Cloud Security Posture Management (CSPM) is a new category of security technologies that may help automate security and give compliance assurance in the cloud, according to the IT research and advisory business Gartner that created the term. CSPM tools inspect and compare a cloud environment to a defined set of best practices and known security threats.

When a cloud customer needs to fix a problem, several CSPM technologies will notify them. Some CSPM technologies will notify the cloud customer when a security risk needs to be addressed, while more advanced CSPM products will use Robotic Process Automation (RPA) to automatically address concerns.

Organizations that have embraced a cloud-first strategy and want to extend their security best practices to hybrid cloud and multi-cloud environments generally employ CSPM. CSPM is frequently related to cloud services that provide Infrastructure as a Service (IaaS), In Software as a Service (SaaS) and Platform as a Service (PaaS) cloud environments, the technology can also be utilized to eliminate configuration errors and compliance issues.

By lowering the risk of data breaches, CSPM technologies play a vital role in safeguarding a cloud environment. According to Gartner, misconfiguration of the cloud environment is one of the most prevalent mistakes in the cloud that can result in a data breach, and using a CSPM solution can minimize cloud-based security incidents related to misconfigurations by 80%.

Cloud Security Posture Management tools are meant to find and fix problems caused by cloud misconfigurations. A CSPM tool may only be able to use best practices that are specific to a cloud environment or service, however, knowing what tools can be used in each unique situation is important.

By integrating real-time continuous monitoring with automation features that can detect and solve issues such as inappropriate account permissions, certain CSPM products can automatically repair issues. Other Cloud Access Security Broker (CASB) products can be used in conjunction with CSPM tools. CASB is a software product or service that protects data transit between on-premises IT infrastructure and the infrastructure of a cloud provider.

Detailed Segmentation –

Global Cloud Security Posture Management Market is segmented on the basis of – Component, Cloud Model, Industry Vertical, and Region. Represented below is a detailed segmental description:

Based on Component:

• Services
• Solutions

Based on Cloud Model:

• IaaS
• SaaS

Based on Industry Vertical:

• BFSI
• Healthcare
• IT & Telecommunication
• Retail & Trade
• Other Industry Verticals

Market Dynamics –

It’s tough for network security teams to keep up with the changes in complicated and fragmented hybrid cloud networks. A lack of full visibility across this continuously changing environments is a barrier for IT and security professionals. As developers rapidly construct and deploy apps, the adoption of the DevOps method has greatly increased the number of flaws, while frequently circumventing security. The cloud’s constant fluctuations make it challenging to properly retain data. The likelihood of misconfigurations has increased dramatically as cloud adoption has grown.

Cloud security and posture management aids monitoring through automation, allowing security personnel to resolve issues as soon as they are told. According to a CheckPoint analysis, the most significant danger in 2020 will be a cloud platform setup problem (68%), followed by unauthorized cloud access (58%), insecure interfaces (52%), and account theft (50%).

Recently, Capital One, an American financial organization, had a misconfigured threat detection on SQL databases, leaving the cloud open to vulnerabilities and data breaches. SSNs, credit scores, and addresses were among the information stolen from almost 100 million customers. This type of misconfiguration can be protected using cloud security posture management solutions.

Several firms are ignorant of the number of cloud resources in use and the process of configuring them, despite the trend toward cloud migration. Many businesses still lack critical identity-related security safeguards. This lack of visibility leads to long-term misconfigurations, making it even more difficult to secure cloud applications.

Moreover, organizations transferring a portion of their IT infrastructure to public clouds are vulnerable to cyberattacks due to poor security architecture implementation. Cyber breaches are also exacerbated by a lack of knowledge of the shared security responsibility paradigm. For many businesses, cloud environments have grown to be vast and complicated, necessitating the use of automation.

The CSPM industry is restrained by a lack of understanding among a large number of businesses about the benefits of cloud security posture management, cloud security architecture, as well as strategy.

Competitive Landscape –

Some of the key players in the market are –

• IBM Corporation
• VMware Inc.
• Microsoft Corporation
• CheckPoint Software Technologies Pvt Ltd.
• McAfee Corporation
• Fortinet
• Forcepoint
• FireEye
• Zscaler
• Cisco Systems
• Optiv Security
• Sophos Group Plc
• Atos
• Palo Alto Networks Inc.
• CrowdStrike Holdings Inc.
• CipherCloud
• Aqua Security
• Aujas Cybersecurity
• Armor Defense Inc.
• BitGlass
• Hillstone Networks (China)
• Netskope
• DivvyCloud Corporation
• Fugue Inc.
• Orca Security
• Accurics
• AppOmni
• CloudPassage
• OpsCompass LLC
• Adaptive Shield
• Blazeclan Technologies
• others

Key developments –

2020:

In April 2020, Cloudneeti, a CSPM company, was bought by Zscaler to reduce risk by detecting and mitigating compliance and data exposure policy violations. Cloudneeti will help Zscaler improve its cloud security by detecting and removing data breaches and compliance issues.

Cloudneeti’s CSPM solution examines service provider configurations, compares them to best practices, finds misconfigurations, and repairs them to prevent breaches and assure continuous compliance.

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For the Cloud Security Posture Management Market research study, the following years have been considered to estimate the market size: