2024 Cloud Security Study
Boom Times for the Cloud:
Is Security Ready?
Explore the 2024 Cloud Security Study with new insights on the latest cloud security trends and challenges
This report shares insights from the 2024 Thales Cloud Security Study, focusing on results specific to the Latin America (LATAM) region. Responses from 211 security and IT management practitioners and leaders from Brazil and Mexico are compared to those of their global counterparts. While rapid cloud advances are driving opportunities for innovation, complexity-related risks and threats to data resilience are also growing. With these parallel advances in innovation and risk, opportunity and potential for harm, cloud security is cited as the most pressing security concern in the LATAM market. This report looks at the responses from regional LATAM enterprises regarding the factors driving these opportunities and concerns. While LATAM respondents show similarities to the global survey population, this report notes differences where applicable.
The 2024 Thales Cloud Security Study is in its fourth consecutive year of research. This year’s study revisits the latest trends affecting cloud security. With 3,000 respondents from 18 countries across 37 industries, the report reflects the insights of individual contributors and managerial and executive levels within enterprises ranging from $100M USD to +2B USD in annual revenue/turnover.
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Download the Latin America report and read more about
the latest cloud security trends and challenges.
As the cloud attack surface expands, organizations must get a firm grasp on the data they have stored in the cloud, the keys they’re using to encrypt it, and the ability to have complete visibility into who is accessing the data and how it is being used."
Key Findings
Cloud security is a top priority – for now and the future
72% of LATAM respondents ranked cloud security among the most pressing security disciplines for their organization.
75% said it is their greatest emerging security concern.
Percentage of sensitive cloud data remains high
Nearly two-thirds (61%) of LATAM respondents said that 40% or more of their cloud data is sensitive,
up from 46% saying so in 2021.
Cloud assets and services are top attack targets
Among LATAM respondents, 31% ranked cloud-delivered SaaS applications as a top attack target.
29% cited cloud storage.
The impact of developer and operator experience
Secrets management was the top reported DevSecOps challenge, cited by 57% of respondents.
Where are investments being prioritized
LATAM enterprises have not yet broadly prioritized cloud security investments, despite growing risks.
Just 31% are spending on network security technologies.
Securing sensitive cloud data
In LATAM, Only 18% said cloud security is most effective.
That's versus 31% citing endpoint controls. Globally, only 24% of respondents said cloud security is most effective.
