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Palo Alto’s State of Cloud-Native Security Report 2024 reveals Australia is a world leader in cloud adoption and investment.
Palo Alto has released its State of Cloud-Native Security Report 2024, and the data shows that while Australia remains committed to cloud adoption, many see AI-powered threats as a serious concern.
Out of 10 countries polled – the US, Denmark, France, UK, Brazil, Mexico, Australia, Singapore, India, and Japan – Australia and Singapore are leading the pack in AI investment, while countries like Japan and India prefer investments in the sub-$10 million range.
Australia and Singapore also take the lead when it comes to cloud leadership and maturity. Twenty-six per cent of Aussie and Singaporean organisations now have fully cloud-native environments, and the US at 24 per cent. This compares to companies like Germany and France, with 14 and 17 per cent adoption, respectively.
However, it’s not all good news.
Legacy applications remain a sheet anchor on cloud adoption, with only 26 per cent of organisations in the APJ region spending more than 30 per cent of their total cloud spend on adapting legacy applications. This, according to Palo Alto, shows the importance of proper planning to address the security and compliance issues that legacy apps represent.
There are too many cloud tools, as well, with 91 per cent of all organisations polled saying they feel the blind spots created by the proliferation of cloud tools is a serious challenge. Organisations on average are using “16 tools from 14 different vendors”.
AI threats are perceived as a looming problem, however. Forty-three per cent of security professionals predict that traditional security tools will not be up to the challenge of detecting AI-powered attacks. Forty-seven per cent fear the impact of attacks on their supply chains by such attacks, but on the other hand, 100 per cent of organisations are investing in AI application development.
“The report findings underscore Australia’s leadership in cloud adoption and investment, demonstrating our region’s commitment to advancing cloud-native technologies,” Steve Manley, vice president, Australia and New Zealand at Palo Alto Networks, said in a statement.
“However, this progress also highlights the critical need for modernising legacy applications and implementing robust AI-powered threat mitigation strategies. As cloud-native environments continue to mature, Australian businesses must navigate the complexities of cloud security to fully leverage the benefits of cloud computing. Importantly, they can prioritise security without slowing down development or adoption. In today’s context, with an ever-evolving threat landscape, Australian businesses must prioritise these security measures to ensure their cloud investments are underpinned by a resilient and secure foundation.”
You can find the full report here.
David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.
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