Security posture management is the process of identifying and assessing an organization’s security posture, in order to identify potential vulnerabilities and implement measures to improve security. Security posture management (SPM) is a cloud security management framework. Specifically, SPM is a practice to better assess and optimize cloud security and compliance.
Cloud security posture management tools constantly look for potential misconfigurations that can lead to leaks or breaches.
SPM implementation is still in its infancy. However, 84% of organizations are looking to use an SPM tool in the future.
Which is why the market for these solutions is forecasted to grow 2x by 2028.
Security posture management is part of the Cloud Security Spending meta trend.
Searches for “cloud security management” have increased by 94% over the last 24 months.
Why? Cloud breaches and leaks are on the rise. 98% of organizations have experienced at least one cloud breach over the last 18 months (only 20% of organizations reported similar issues in 2020, illustrating the increasing prevalence of this problem).
Notably, 67% reported at least 3 cloud data breaches over the same time period.
And these breaches are costly. According to IBM, the average cloud breach costs around $5.12M.