Many security pros think the cloud offers some increased data protection
A majority of cyber security professionals think the risk of a security breach is the same or lower in cloud environments than with on-premises systems, according to a new report from Internet security company Nominet.
The company surveyed 274 C-level security professionals in the U.S. and U.K., and found that 61 percent think the risk of a breach is the same or lower in cloud environments. This marks a major tipping point in the perception of security of the cloud, the report said. But it noted that the cloud’s perceived superiority over on-premise does not mean respondents considered cloud systems to be completely safe.
Indeed, the survey found that 71 percent of the respondents were either moderately, very, or extremely concerned about malicious activity in cloud systems. As new regulations such as the General Data Protection Regulation (GDPR) have increased the potential penalties, more than half (56 percent) of respondents cited fines for data leaks as their biggest concern.
That was closely followed by the increasing sophistication of cyber criminals (54 percent).
Respondents from heavily regulated industries such as healthcare, financial services, and pharmaceuticals were more likely to be very or extremely concerned by the security risk posed by cloud. And organizations that had experienced a data breach over the previous 12 months were more than twice as likely to say the cloud is a higher risk (52 percent versus 25 percent).