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46 per cent of Indian IT professionals consider all corporate data stored in the cloud to be sensitive: Report

A new report surfaced which stated that around 46 per cent of Indian IT and security professionals consider all corporate data stored in the Cloud to be sensitive. Thales, an IT company, revealed that spending on Cloud security has now surpassed all other categories of security spending.

Edited By: Saumya Nigam @snigam04 New Delhi Published : Jul 04, 2024 16:23 IST, Updated : Jul 04, 2024 18:27 IST
Indian IT professionals,
Image Source : FILE 46 per cent of Indian IT professionals consider all corporate data stored in the cloud to be sensitive: Report

Nearly half (46 per cent) of Indian IT and security professionals have reported that all corporate data stored in the Cloud is sensitive, a new report surfaced on Wednesday stated. As per the IT company Thales, Cloud security spending has now topped all other security spending categories.

It was stated that around 37 per cent of organisations have experienced a Cloud data breach in India, with 14 per cent having had one in the past year (2023).

Ashish Saraf, VP and Country Director, Thales in India said, "The scalability and flexibility that the Cloud offers are highly compelling for organisations, so it’s no surprise it is central to their security strategies."

He further added, "With India continuously progressing in the field of digital technology and data sovereignty and privacy emerging as top concerns in this year’s research, it is vital to solve these challenges of Cloud security now to ensure a secured and trusted future for all."

The report surveyed nearly 3,000 IT and security professionals across 18 countries in 37 industries.

Moreover, the report said that Cloud resources have become the biggest targets for cyberattacks, with Cloud storage (30 per cent), SaaS applications (30 per cent), and Cloud management infrastructure (28 per cent) cited as the leading categories of attack in India.

Human error and misconfiguration continued to be the top root cause for data breaches (34 per cent), followed by exploiting previously unknown vulnerabilities (32 per cent), exploiting known vulnerabilities (21 per cent) and failure to use Multi-Factor Authentication (11 per cent).

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Inputs from IANS

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