A new report has revealed that while the vast majority of global companies (95%) have adopted cloud services, there is a wide gap in the level of security precautions applied by companies in different markets. Organisations admitted that on average, only two-fifths (40%) of the data stored in the cloud is secured with encryption and key management solutions.
“While it’s good to see some countries like Germany taking the issue of cloud security seriously, there is a worrying attitude emerging elsewhere,” said Jason Hart, CTO, Data Protection at Gemalto. “This may be down to nearly half believing the cloud makes it more difficult to protect data, when the opposite is true.”
“The benefit of the cloud is its convenience, scalability and cost control in offering options to businesses that they would not be able to access or afford on their own, particularly when it comes to security. However, while securing data is easier, there should never be an assumption that cloud adoption means information is automatically secure. Just look at the recent Accenture and Uber breaches as examples of data in the cloud that has been left exposed. No matter where data is, the appropriate controls like encryption and tokenization need to be placed at the source of the data. Once these are in place, any issues of compliance should be resolved.”