Five Reasons to Take Cloud Security More Seriously

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Loads of Sensitive Information

Fact: Organizations have an average of 100,000 files that contain sensitive information stored within public cloud applications.

The Cybersecurity Risk: Public cloud applications enhance users' ability to create, access, and distribute information – including information governed by compliance regulations, such as payment card information, health records, and consumer financial information, to proprietary confidential information, such as intellectual property, customer lists, and product roadmap items. Consequences of leaked sensitive information include financial penalties, reputational damage, and loss of competitive edge in the marketplace.

The adoption of public cloud applications continues to accelerate for both organizations and individuals at an exponential rate — evidenced across the massive growth in the volume of accounts, files, collaboration, and connected third-party cloud applications. In fact, the volume of files stored in public cloud applications per organization in 2015 has ballooned to 1.2 million, a 10x increase from 2014.

Adopting cloud technologies affords organizations a wide range of benefits, including dramatic reductions in total cost of ownership, increased flexibility and scalability, the transition from capital expenditure to operational expenditure, and a substantial boost to employee capabilities.

Meanwhile, the volume of sensitive corporate data in public cloud applications is growing, with organizations storing 100,000 sensitive files in cloud platforms on average. Forrester Research further explains:

"Sensitive data is moving to the cloud, beyond the protection of your perimeter controls. … As this occurs, the amount of data, and, most importantly, the amount of sensitive or 'toxic' data the enterprise stores in these software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS) platforms is increasing by the day - and regardless of its locations, S&R pros still need to protect it effectively." - Forrester Research (2015, March). Market Overview: Cloud Data Protection Solutions

How great is the cyber risk in the cloud? According to a recent CloudLock report entitled "Cloud Cybersecurity Report: The Extended Perimeter," it might be greater than you think.

 

Related Topics : IBM Looks to Redefine Industry Standard Servers, APC, Brocade, Citrix Systems, Data Center

 
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