The Five Cloud Concerns Faced by All Industries

By Karen A. Frenkel  |  Posted 01-22-2016 Email

Of all industries, the financial services industry is the most exposed to risk in the cloud, according to a new report. Not surprisingly, security awareness is higher in technology firms, with most saying excessive sharing of data in the cloud is a top cyber-security concern. Conducted by the security intelligence arm of CloudLock, the report, titled "Riskiest Industries in the Cloud: Where Do You Stand?" It analyzed 10 million users, 1 billion files and 91,000 applications. It focused on breaking down risk in the following sectors: retail, manufacturing, health care, financial services, K-12 higher education, government, and technology. "By analyzing cloud usage and cyber-security risk across industries, security professionals gain industry benchmarks to assess their organizations as well as gain a glimpse into the security challenges and priorities of their peers," the report revealed. The report found that every organization shares five main cloud cyber-security concerns regardless of industry: account compromise, cloud malware, excessive data exposure, overexposed personally identifiable information, and payment card industry data, and collaboration.

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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