"Cloud Data Breaches Rise as Adoption and Complexity Increase"

According to the latest Cloud Security Report from Thales, 45 percent of businesses have faced a cloud-based data breach or failed audit in the past 12 months, a 5 percent increase from the previous year. The report also brings further attention to the acceleration of multi-cloud adoption, revealing that 72 percent of organizations use multiple Infrastructure-as-a-Service (IaaS) providers compared to 52 percent in 2021. In addition, organizations globally used an average of 110 Software-as-a-Service (SaaS) apps in 2021, up from just 8 in 2015. Of the IT professionals surveyed, 51 percent said that managing privacy and data protection in the cloud is more complex. The path to the cloud is also becoming more complex, with the percentage of respondents expecting to 'lift and shift' – the simplest of migration strategies – declining from 55 percent in 2021 to 24 percent now. Furthermore, 66 percent of businesses said that up to 60 percent of their sensitive data is stored in the cloud. Only 25 percent of respondents claim to be able to fully classify all data. A third of respondents said they had to notify a government agency, a client, partners, or workers about a data breach. In regard to securing data in multi-cloud environments, IT professionals consider encryption a critical security control. However, just 11 percent of respondents said that between 81 and 100 percent of their cloud data is encrypted. This article continues to discuss key findings from Thales' new report on cloud security.

BetaNews reports "Cloud Data Breaches Rise as Adoption and Complexity Increase"