Symantec: Rogue clouds cause confidential data exposure in business

January 16, 2013 Off By David

Grazed from ZDNet. Author: Charlie Osbourne.

Although organizations are moving to cloud-based computing systems in their droves, it may result in unforeseen costs unless rogue cloud use is regulated. Symantec’s "The Hidden Costs of Cloud 2013 Survey" (.pdf) suggests that over 90 percent of organizations are now discussing cloud, which is up from 75 percent a year ago, in order to try and remain competitive and improve the flexibility of their business practices. However, picking the wrong system can result in high expenditure in the long run.

Based on data from several thousand responses from 3,236 organizations — both SMBs and enterprises — from 29 countries, the report found that rogue cloud computing use is causing an escalation in cost, increasing complexity in backing up and storing data, and inefficient storage services. "Rogue" cloud use, defined as business groups that offer public cloud applications which are not managed by or integrated into a company’s IT infrastructure, are at the heart of the problem…

According to the report, over 77 percent of businesses have experienced the problem of increased cost due to the use of cloud technology. Thanks to their size, enterprises seem to come across this issue more than SMBs, with 83 percent and 70 percent reporting the problem respectively…

Read more from the source @ http://www.zdnet.com/symantec-rogue-clouds-cause-confidential-data-exposure-in-business-7000009875/