Which tool is commonly known for assisting with cloud governance?

The tool associated with cloud governance is Cloud Security Posture Management (CSPM). CSPM plays a vital role in ensuring that cloud environments are compliant with security policies, regulations, and best practices. It continuously monitors cloud configurations, assesses risks, identifies misconfigurations, and provides recommendations to mitigate potential vulnerabilities.

By maintaining a secure posture, CSPM helps organizations enforce governance policies across their cloud resources, ensuring that all deployments adhere to established standards and regulatory requirements. This tool also automates the detection of compliance violations and supports remediation, which is crucial for managing risks effectively in a cloud setting.

In contrast, Application Performance Management (APM) focuses primarily on monitoring and improving the performance of applications rather than governance. Network Monitoring Tools concentrate on the performance and health of networks, which is separate from governance concerns. Local Backup Solutions address data protection and recovery rather than overarching governance needs in a cloud context. Thus, CSPM's specific focus on security, compliance, and risk management clearly establishes it as the primary tool for cloud governance.