Global Study Finds Orgs Are Failing to Protect Data in the Cloud
As companies increasingly migrate to the cloud, many of them are putting their data at risk by failing to understand the extent to which they are responsible for the security of their cloud environment, new research by Thales and the Ponemon Institute found. Currently 48% of corporate data is already stored in the cloud, but only about one-third (32%) of organizations acknowledge that they themselves are responsible for protecting their data in the cloud.
35% of companies state that their cloud service provider is mostly responsible for cloud security, but only 23% of firms took security into account while choosing between different providers. Over half (54%) of organization say that moving data to the cloud makes it more difficult to keep information safe. This shows, since 51% are failing to secure their data in the cloud by means of encryption or tokenization.