Why there is still a culture of ‘hope’ and ‘fear’ around cloud and big data technologies

March 24, 2015 Off By David

Grazed from CloudTech. Author: James Bourne.

Is more sensitive data being kept in the cloud? According to the latest report from Vormetric, in association with analyst house Ovum, 60% of US IT decision makers and 54% of respondents globally say they store sensitive data in the cloud. Yet cloud environments (47%) are more of a risk to enterprise organisations than databases (37%) and file servers (29%), while cloud and big data concerns remain “genuine” and “deep rooted” according to the study, which surveyed over 800 IT decision makers worldwide.

The numbers revealed worrying findings about why organisations were moving data into the cloud; almost half (46%) of respondents expressed concerns over ‘market pressures’ forcing them to use cloud services. In terms of key changes to increase the use of cloud services, 55% wanted encryption of data with enterprise key control on their premises; 52% wanted encryption of their organisation’s data within the service provider’s infrastructure, and 52% wanted liability terms for a data breach…

The stakes are high if something goes wrong – which is more often than you think. Two in five (40%) organisations experienced a data breach or failed a compliance audit in the last year…

Read more from the source @ http://www.cloudcomputing-news.net/news/2015/mar/24/why-there-still-culture-hope-and-fear-around-cloud-and-big-data-technologies/