IT | Security

Businesses Use Cloud Services for Sensitive Data

By: Absolute Team | 10/12/2012

According to a new study from the Ponemon Institute, sponsored by Thales, found that the majority of organizations are storing, or plan to store, sensitive and confidential information in the "cloud".

The study, "Encryption in the Cloud," looks at who is responsible for data protection in the cloud and examines how organizations go about protecting their information assets that are entrusted to cloud providers. The study, of 4,000 business and IT managers, indicates that 82% of organizations already transfer, or plan to transfer, sensitive or confidential data into the cloud environment. According to the survey, 39% of respondents believe cloud adoption has decreased their companies' security posture.

Perhaps respondents are nervous about overall security because cloud services are being adopted before security has caught up. According to the survey, most respondents do not even know whose responsibility it is to protect data in the cloud. 64% consider cloud providers as responsible for data security, though nearly two thirds do not know what cloud providers are doing to protect their data.

Since companies seem to be deferring data security to cloud service providers, it should come as no surprise that roughly half the respondents are not encrypting data before transferring it to the cloud.