Thales Study: Aussie Businesses' Cloud Security Concerns Grow Amid Data Breaches
A new study by Thales has revealed a mix of concern and complexity surrounding cloud data security among Australian businesses. The 2023 Thales Cloud Security Study, involving nearly 3,000 IT and security professionals, highlights key trends and challenges in cloud adoption and data protection.
The study found that 82% of Australian businesses have concerns over data sovereignty in the cloud. Despite this, 65% store more than 40% of their sensitive data in the cloud, a significant increase from 47% last year. However, only 13% of these businesses control all the keys to their encrypted data, indicating a lack of full control over their data's security.
Encryption is a critical aspect of cloud data protection, but only 7% of Australian IT professionals reported that more than 60% of their sensitive cloud data is encrypted. This suggests that businesses may not be fully leveraging encryption to safeguard their data. Moreover, the study did not specify which Australian organisations use more than five key management systems for encrypted data management in the cloud.
Managing data in the cloud is perceived as more complex than in on-premises environments, with 59% of respondents agreeing with this sentiment. Human error was identified as the leading cause of cloud data breaches, with 64% of those surveyed attributing breaches to this factor. In the last year, 37% of Australian businesses experienced a data breach in their cloud environment.
The study also noted a surge in multicloud adoption, with 79% of organisations using more than one cloud provider. However, this trend may also increase the complexity of managing and securing data across multiple environments.
The Thales study underscores the need for Australian businesses to address data sovereignty concerns and improve their encryption strategies in the cloud. As cloud adoption continues to grow, so does the complexity of managing and securing data. Businesses must prioritise data protection measures, including encryption and robust key management, to mitigate the risks associated with human error and data breaches in cloud environments.
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