Cloud Data Breaches mo' Money |
Posted: November 18, 2014 |
IT people need to beef up their opinions about cloud security, says a recent report by the Ponemon Institute called “Data Breach: The Cloud Multiplier Effect.” Yes, data breaches occur in the cloud. In fact, it can be triple the cost of a data breach involving a brick and mortar medium. The report put together data from the responses of over 600 IT and IT security people in the U.S. The report has three observations:
More Results
Many company decision makers don’t think they have a whole lot of understanding into how much data or what kind is stored in a cloud.
All of these findings mentioned here are the result of self-estimations rather than objective analysis of real breaches. Ponemon also determined that if a breach involved at least 100,000 records of stolen personal data, the economic impact could jump from an average of $2.4 million to $4 million, up to $7.3 million. For a breach of confidential or high-value IP data, the impact would soar from $3 million to $5.4 million. In addition to the self-reporting loophole, the report had a low response rate: Only 4.2 percent of the targeted 16,330 people responded, and in the end, only 3.8 percent were actually used. Nevertheless, you can’t ignore that even self-estimated attitudes paint a dismal picture of how cloud security is regarded. Robert Siciliano is an identity theft expert to BestIDTheftCompanys.com discussing identity theft prevention. For Roberts FREE ebook text- SECURE Your@emailaddress -to 411247. Disclosures.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
|