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Companies still fail to grasp cloud security ownership: report

Latest Thales study reveals that organisations across the world still do not provide adequate protection to their sensitive data in their cloud environments despite regulatory compliance risks.

CSEurope - Thales Report

An increasing disparity has opened between the rapid growth of enterprise data stored in cloud and an organisation’s approach to cloud security, a survey has warned. While 48% of corporate data is stored in the cloud, only 32% of organisations polled by the Ponemon Institute on behalf of Thales admit they employ a ‘security-first’ approach to data storage in the cloud.

The 2019 Thales Global Cloud Security Study – which surveyed of more than 3,000 IT and IT security practitioners in Australia, Brazil, France, Germany, India, Japan, the UK and US – found that only 31% of respondent organisations believe that the protection of data in the cloud is actually their own responsibility.

Despite storing sensitive data in the cloud, 46% surveyed revealed that storing consumer data in the cloud makes them more of a security risk. Fifty-six percent also noted that it posed a ‘compliance risk’. In addition, organisations believe that cloud service providers bear the ‘most responsibility’ for sensitive data in the cloud (35%), ahead of shared responsibility (33%) and the organisations themselves (31%). Even though businesses are pushing the responsibility to cloud providers, only 23% say security is a factor in selecting them.

Over half of the businesses polled by Thales – 54% – think cloud storage makes it ‘more difficult’ to protect sensitive data, up from 49% in 2018. More than 70% believe that data in a cloud environment is harder to protect due to the complexity of managing privacy and data protection regulations, while an additional 67% cited the difficulty of applying conventional security methods in the cloud.

More details at:
https://safenet.gemalto.com/cloud-security-research/