Cost management in multi-cloud environments
Although cost management (also known as financial management or FinOps) may not seem directly related to security, it has implications on a multi-cloud environment.
Cost management is part of having visibility over your entire multi-cloud environment, from a cost point of view. All major cloud providers have their own built-in cost management services that allow you the necessary visibility of your cloud accounts, subscriptions, or projects.
When organizations are moving from a single cloud provider (in many cases, with multiple accounts at the same cloud provider, for different environments or business needs) to a multi-cloud setup, they begin to realize that they lack the necessary visibility regarding cloud cost.
Some of the concerns organizations often have are as follows:
- Data transfer cost (also known as egress data)
- Redundant resources being spent (such as multiple log systems, backup services, and anti-malware...
