Ponemon Institute: IT Is Losing the Cloud Security Battle
Grazed from TalkinCloud. Author: CJ Arlotta.
A new study from the Ponemon Institute and SafeNet revealed that when it comes to data security and the cloud, the majority of IT departments are "left in the dark." The study of more than 1,800 IT professionals, titled "The Challenges of Cloud Information Governance: A Global Data Security Study," showed 71 percent of respondents said they believe it is more difficult to use conventional security practices to protect sensitive data in the cloud.
Instead, IT departments often rely on encryption and multi-factor authentication to safeguard their data in the cloud. "While the cloud has revolutionized the way IT is delivered, many IT organizations are finding it difficult to keep up with demand for these services and the security implications that are created when critical data is stored in the cloud," Tsion Gonen, SafeNet’s chief strategy officer, said in a prepared statement…
The advent and growth of cloud computing impacted almost every aspect of enterprise IT. Perhaps one of the biggest unresolved issues raised in the wake of the cloud revolution is how it has changed the way businesses look at security. On Tuesday, November 4, Palerra came out of stealth with its LORIC product to take a stab at fixing some of the security problems in the cloud stack. Palerra, formerly known as Apprity, was founded by enterprise software veterans Rohit Gupta and Ganesh Kirti with the goal of automating security in the enterprise.
In the latest example of Microsoft partnering with a major competitor, the company has struck a deal with Dropbox to improve interoperability between Office and Dropbox’s cloud storage and file sharing services for consumers and businesses. The partnership, announced Tuesday, creates a "coopetition" relationship, since Microsoft’s OneDrive and OneDrive for Business compete against Dropbox’s namesake consumer service and against Dropbox for Business.
F5 Networks (FFIV) is broadening the reach of its services fabric with the launch of Silverline, a hybrid services delivery platform designed to enable organizations to scale IT resources across dynamic cloud and data center deployments. With Silverline, F5 is providing customers with a services delivery platform that expands its F5 Synthesis architecture to enable application services within customers’ deployment model of choice—from on-premise to as-a-service deployments.
ProfitBricks, the price/performance leader in Cloud Computing IaaS, is challenging the industry yet again, slashing prices 30 percent, and has doubled the price drop percentage of the industry leader in the last year. "Customers should have fundamental control and flexibility over their cloud experience, and not have to worry about being gouged on price," said Andreas Gauger, co-founder of ProfitBricks.
Google has apparently been listening to what business customers want from a public cloud. On Tuesday the company announced that it will introduce Virtual Private Networking support in the first quarter of 2015. VPNs will let customers tie securely into Google Cloud via the internet, and they are a key foundation of hybrid clouds that let customers keep some key applications and data under their control in-house while also relying on the public cloud for other workloads.
It is true that Amazon (AMZN) is struggling with its bottom line and for a good period of time, it has just been assuring investors that the time would soon come when it revives its growth trajectory. In the third quarter as well, Amazon missed the Street forecast and the shares plunged 9 percent after the company provided lackluster guidance for its fourth quarter. The guidance was more disappointing because the fourth quarter is the holiday season in the U.S. and European markets as well and therefore, investors were hoping to get favorable assertions from the management.
Within the next four years, 76 percent of the traffic through the world’s data centers will be cloud-based traffic. Increasingly, this traffic will consist of public cloud services, as more enterprises become more comfortable with this model. Software as a Service will also dominate.