Overview
As companies like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) continue to dominate the cloud market, data security and privacy have become major concerns. According to a report by Cybersecurity Ventures, the global cybersecurity market is expected to reach $300 billion by 2024, with cloud security being a key area of focus. Meanwhile, data privacy regulations like the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) are forcing companies to re-evaluate their data handling practices.