Cracks in the cloud: The next frontier for cybercrime

June 11, 2017

The advantages of cloud computing—scalability, speed to market, lower costs and higher productivity—are well known throughout most industries. But for cyber criminals, this new, borderless infrastructure is a potential goldmine.

According to a new Symantec survey on the state of enterprise data security, cloud security is a top concern for Indian chief information security officers (CISOs). Covering 1,100 CISOs across 11 global markets, the report reveals that CISOs in India are particularly concerned about their ability to respond quickly to attacks.

The survey shows the extent to which cloud security is keeping Indian CISOs awake at night. Tellingly, almost all (91 per cent) believe that ensuring cloud applications meet compliance regulations is one of the most stressful aspects of their job.

The industry compliance issues that they find most worrying include tracking broad sharing of compliance-controlled data in cloud applications (23 per cent), governance of corporate-owned mobile devices (21 per cent),

Other concerns include tracking of activities in sanctioned cloud applications (19 per cent), country and region-specific data residency and control regulations (19 per cent) and employee use of unsanctioned cloud applications (18 per cent)

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