Wed. Apr 24th, 2024

Content Assessment: ENISA's Silver Lining? Uncovering the Dynamics of the Cloud Cybersecurity Market

Information - 94%
Insight - 92%
Relevance - 90%
Objectivity - 92%
Authority - 93%

92%

Excellent

A short percentage-based assessment of the qualitative benefit of the recent announcement and report from ENISA on cybersecurity in the cloud.

Editor’s Note: ENISA, the European Union Agency for Cybersecurity, was established in 2004 to promote a high level of cybersecurity across Europe. The EU Cybersecurity Act has strengthened its role, and it works towards enhancing the trustworthiness of ICT products, services, and processes with cybersecurity certification schemes, contributing to EU cyber policy, cooperating with Member States and EU bodies, and preparing Europe for future cybersecurity challenges. Through knowledge sharing, capacity building, and awareness raising, ENISA collaborates with key stakeholders to build trust in the connected economy, boost the Union’s infrastructure resilience, and maintain digital security for Europe’s society and citizens. The findings of ENISA’s “Every Cloud Cybersecurity Market has a Silver Lining” report include the challenge of assessing cloud cybersecurity services due to bundled offerings, inconsistencies in threat perception between supply and demand sides, emerging research topics like secure mobile cloud computing, and the scarcity of skills as a barrier to cloud cybersecurity adoption. The report is a crucial resource for cybersecurity, information governance, and eDiscovery professionals as it provides valuable insights into the rapidly evolving cloud cybersecurity landscape. By understanding the trends, challenges, and emerging research topics identified in the report, these professionals can better navigate the complexities of the Digital Single Market and make informed decisions to protect their organizations’ data and maintain compliance.


Background Note: The “Every Cloud Cybersecurity Market has a Silver Lining” report is an analysis of the cloud cybersecurity market published by the European Union Agency for Cybersecurity (ENISA). This market analysis is driven by strong demand from internal and external stakeholders and the importance of cybersecurity in the Digital Single Market.

Press Announcement And Report* (March 27, 2023)

Every Cloud Cybersecurity Market has a Silver Lining

The European Union Agency for Cybersecurity (ENISA) publishes a cybersecurity market analysis of the cloud and an updated version of the cybersecurity market analysis framework.

ENISA focused its market analysis on the cloud cybersecurity market following the strong demand from internal and external stakeholders and in light of the importance of cybersecurity in this market segment in the Digital Single Market.

ENISA seeks to provide market information and facilitate market developments to help “improve the conditions for the functioning of the internal market” and “foster a robust European cybersecurity industry and market” as foreseen in the ENISA’s Single Programming Document 2023-2025.

The cybersecurity market analysis served as a testbed of the ENISA Cybersecurity Market Analysis Framework (ECSMAF) to further improve on the original version. The ECSMAF built additional synergies across lateral ENISA cybersecurity areas of interest including the ENISA’s EU cybersecurity index under development, operational cooperation and research.

Why a cloud cybersecurity market analysis?

Market analysis is key to understanding trends and assessing potential issues at stake in terms of demand and supply.

This analysis provides an insight into the needs and requirements of consumers in terms of cloud cybersecurity products, services, and processes. Moreover, it can provide additional highlights regarding the role of other important market players, such as regulators and research & development.

Key findings?

Observations made include the following:

  • The provision of services concerning cloud cybersecurity is a challenge to assess because many demand-side stakeholders are using security services from the same companies that also provide cloud services, as a kind of ‘bundled offering’. This makes it difficult to distinguish the components specifically related to cybersecurity;
  • Inconsistencies emerged in the perception between supply and demand. Scoring high as a threat with supply-side respondents, misconfigurations stand as potential gaps, the largest one being between perceived and managed threats. On the demand side, this gap is not as big for this specific threat, but becomes significant when it comes to insecure application programming interfaces (APIs);
  • Driven by an applications appetite, secure mobile cloud computing, fog computing, edge computing and secure cloud architectures account for around 40% of the survey respondents and they emerge as the most relevant research topics in the interest of the supply and demand stakeholders alike;
  • Scarcity of skills emerges as the most relevant barrier for the adoption of cloud cybersecurity.

The Digital Single Market holds the promise of growth as it continues offering a silver lining to cloud cybersecurity regardless of the background and the business model of the providers that seek to endeavour in it.

What’s new in the revamped cybersecurity market analysis framework?

The ENISA Cybersecurity Market Analysis Framework (ECSMAF) guides the development of the analysis of a vertical cybersecurity market segment that comes under scrutiny.

Along the lines of the empirical analysis instigated by the Cloud Cybersecurity Market Analysis, the original ECSMAF has been enhanced (ECSMAF V2.0). In the updated version, the steps to take to perform a cybersecurity market analysis were simplified and further explained to improve clarity and usability. For eager seekers of further guidance, clarifications by way of annexes were added to this purpose.

ENISA received valuable support from the stakeholders involved, including the respondents to the survey, and the contribution of the ENISA Ad Hoc Working Group on Cybersecurity Market Analysis.

Further information

Read the original announcement.


Complete Report: Cloud Cybersecurity Market Analysis (PDF) – Mouseover to Scroll

Cloud Cybersecurity Market Analysis

Read the original paper.

*Shared with permission under Creative Commons – Attribution 4.0 International (CC BY 4.0) – license.


Additional Reading

Source: ComplexDiscovery

 

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