Tightening Government Regulations to Plunge the Growth of Cloud Companies in 2015

As more and more enterprises are shifting their IT infra to the cloud in 2015, the number of cyber attacks this year is anticipated to surge and reach 3.5 billion. This consequently calls for more stringent government privacy policies to appropriately scrutinize cloud attacks by online hackers.
 
Many research reports have lately predicted that the stiffening of cloud data compliance acts will grapple the growth of cloud companies. By far, the industry experts also share following predictions along with the latest technology trends that are expected to take a center stage in the year 2015:

Forecast 1: Cloud attacks to increase
The rising adoption of the cloud is inviting more cloud-targeted attacks. Even though cloud infrastructure is considered as a secured option in comparison to corporate data centers, the security of this model is directly proportional to the responsibility shared between an organization and third party cloud provider. Hence, this year cyber security for cloud-enabled environment will play a pivotal role in the data migration process.
 
Forecast 2: More cloud computing businesses are poised to deal with the stringent privacy regulations

Last year National Security Agency scandal subjugated the headlines of all major newspaper journals. The impact of this scandal is likely to be observed this year as well since the European cloud computing companies are reluctant to expose their sensitive data to service providers located in the global region. For this reason, most of the US and Europe based companies are pondering over the prospects of electing their fully-owned subsidiaries using specialized encryption techniques to better manage and control their online data storage in the virtual environment.

Forecast 3: Security companies to support Big Data solutions
Finally, the wide adoption of big data in the cloud ecosystem will continue to expand in this cloud era. Since corporate data is sensitive to private information, security stakeholders in 2015 will place a growing demand for Big Data security provisions. In this light, more and more firms will adjust their existing security solutions in order to support this massive data by integrating their IT to the cloud, using APIs, and implementing automated scaling.

To conclude, it is expected that the year 2015 will witness a significant adoption of cloud coupled with rigorous adherence to compliance regulations to safeguard consumers’ important data from online security threats.