Gemalto & Ponemon Institute Study: Cloud data security still a challenge for many companies

Gemalto & Ponemon Institute Study: Cloud data security still a challenge for many companies

ID: 485215

(Thomson Reuters ONE) -


* Half of all cloud services and corporate data stored in cloud not controlled
by IT departments
* Only a third of sensitive data stored in cloud-based applications is
encrypted
* More than half of companies do not have a proactive approach for compliance
with privacy and security regulations for data in cloud environments
* Simple measures by IT organizations provide protection for both corporate
data and "shadow IT" needs.

Amsterdam, July 26, 2016 - Despite the continued importance of cloud computing
resources to organizations, companies are not adopting appropriate governance
and security measures to protect sensitive data in the cloud. These are just a
few findings a Ponemon Institute study titled "The 2016 Global Cloud Data
Security Study," commissioned by Gemalto (Euronext NL0000400653 GTO), the world
leader in digital security. The study surveyed more than 3,400 IT and IT
security practitioners worldwide to gain a better understanding of key trends in
data governance and security practices for cloud-based services.

On July 28 at 10 a.m. EDT, Gemalto and the Ponemon Institute will host a webinar
to discuss the full results of the study. Click on the following link to
register: https://www.brighttalk.com/webcast/2037/216247.

According to 73 percent of respondents, cloud-based services and platforms are
considered important to their organization's operations and 81 percent said they
will be more so over the next two years. In fact, thirty-six percent of
respondents said their companies' total IT and data processing needs were met
using cloud resources today and that they expected this to increase to forty-
five percent over the next two years.

Although cloud-based resources are becoming more important to companies' IT
operations and business strategies, 54 percent of respondents did not agree




their companies have a proactive approach to managing security and complying
with privacy and data protection regulations in cloud environments. This is
despite the fact that 65 percent of respondents said their organizations are
committed to protecting confidential or sensitive information in the cloud.
Furthermore, 56 percent did not agree their organization is careful about
sharing sensitive information in the cloud with third parties such as business
partners, contractors and vendors.

"Cloud security continues to be a challenge for companies, especially in dealing
with the complexity of privacy and data protection regulations,"  said Dr. Larry
Ponemon, chairman and founder, Ponemon Institute. "To ensure compliance, it is
important for companies to consider deploying such technologies as encryption,
tokenization or other cryptographic solutions to secure sensitive data
transferred and stored in the cloud."

"Organizations have embraced the cloud with its benefits of cost and flexibility
but they are still struggling with maintaining control of their data and
compliance in virtual environments," said Jason Hart, Vice President and Chief
Technology Officer for Data Protection at Gemalto. "It's quite obvious security
measures are not keeping pace because the cloud challenges traditional
approaches of protecting data when it was just stored on the network. It is an
issue that can only be solved with a data-centric approach in which IT
organizations can uniformly protect customer and corporate information across
the dozens of cloud-based services their employees and internal departments rely
every day."

Key Findings

Cloud security is stormy because of shadow IT
According to respondents, nearly half (49 percent) of cloud services are
deployed by departments other than corporate IT, and an average of 47 percent of
corporate data stored in cloud environments is not managed or controlled by the
IT department. However, confidence in knowing all cloud computing services in
use is increasing. Fifty-four percent of respondents are confident that the IT
organization knows all cloud computing applications, platform or infrastructure
services in use - a nine percent increase from 2014.

Conventional security practices do not apply in the cloud
In 2014, 60 percent of respondents felt it was more difficult to protect
confidential or sensitive information when using cloud services. This year, 54
percent said the same. Difficulty in controlling or restricting end-user access
increased from 48 percent in 2014 to 53 percent of respondents in 2016. The
other major challenges that make security difficult include the inability to
apply conventional information security in cloud environments (70 percent of
respondents) and the inability to directly inspect cloud providers for security
compliance (69 percent of respondents).

More customer information is being stored in the cloud and is considered the
data most at risk
According to the survey, customer information, emails, consumer data, employee
records and payment information are the types of data most often stored in the
cloud. Since 2014, the storage of customer information in the cloud has
increased the most, from 53 percent in 2014 to 62 percent of respondents saying
their company was doing this today. Fifty-three percent also considered customer
information the data most at risk in the cloud.

Security departments left in the dark when it comes to buying cloud services
Only 21 percent of respondents said members of the security team are involved in
the decision-making process about using certain cloud application or platforms.
The majority of respondents (64 percent) also said their organizations do not
have a policy that requires use of security safeguards, such as encryption, as a
condition to using certain cloud computing applications.

Encryption is important but not yet pervasive in the cloud
Seventy-two percent of respondents said the ability to encrypt or tokenize
sensitive or confidential data is important, with 86 percent saying it will
become more important over the next two years, up from 79 percent in 2014. While
the importance of encryption is growing, it is not yet widely deployed in the
cloud. For example, for SaaS, the most popular type of cloud-based service, only
34 percent of respondents say their organization encrypts or tokenizes sensitive
or confidential data directly within cloud-based applications.

Many companies still rely on passwords to secure user access to cloud services
Sixty-seven percent of respondents said the management of user identities is
more difficult in the cloud than on-premises. However, organizations are not
adopting measures that are easy to implement and could increase cloud security.
About half (forty-five percent) of companies are not using multi-factor
authentication to secure employee and third-party access to applications and
data in the cloud, which means many companies are still relying on just user
names and passwords to validate identities. This puts more data at risk because
fifty-eight percent of respondents say their organizations have third-party
users accessing their data and information in the cloud.

Recommendations for Data Security in the Cloud

The new realities of Cloud IT mean that IT organizations need to set
comprehensive policies for data governance and compliance, create guidelines for
the sourcing of cloud services, and establish rules for what data can and cannot
be stored in the cloud.

IT organizations can accomplish their mission to protect corporate data while
also being an enabler of  their "Shadow IT" by implementing data security
measures such as encryption that allow them to protect data in the cloud in a
centralized fashion as their internal organizations source cloud-based services
as needed.

As companies store more data in the cloud and utilize more cloud-based services,
IT organizations need to place greater emphasis on stronger user access controls
with multi-factor authentication. This is even more important for companies that
give third-parties and vendors access to their data in cloud.

About the Survey
The survey was conducted by the Ponemon Institute on behalf of Gemalto and
surveyed 3,476 IT and IT security practitioners in the United States, Brazil,
United Kingdom, Germany, France, Russian Federation, India, Japan and Australia
who are familiar and involved in their company's use of both public and private
cloud resources. Industries represented among the respondents include Financial
Services, Retail, Technology & Software, Public Sector, Healthcare and
Pharmaceutical, Utilities & Energy, Education, Transportation, Communications,
Media & Entertainment, and Hospitality.

Related Resources
* Report: Gemalto 2016 Global Cloud Data Security Study
* Infographic: Gemalto Cloud Data Security Infographic
* Web Site: Gemalto 2016 Global Cloud Data Security Study Findings
* Video: Gemalto Cloud Security Solutions Overview
* Web Site: You Can't Secure the Cloud with Old School Technology

About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security,
with 2015 annual revenues of ?3.1 billion and customers in over 180 countries.
We bring trust to an increasingly connected world.

Our technologies and services enable businesses and governments to authenticate
identities and protect data so they stay safe and enable services in personal
devices, connected objects, the cloud and in between.

Gemalto's solutions are at the heart of modern life, from payment to enterprise
security and the internet of things. We authenticate people, transactions and
objects, encrypt data and create value for software - enabling our clients to
deliver secure digital services for billions of individuals and things.

Our 14,000+ employees operate out of 118 offices, 45 personalization and data
centers, and 27 research and software development centers located in 49
countries.

For more information visit www.gemalto.com or follow (at)gemalto on Twitter.

Gemalto media contacts:

Philippe Benitez Peggy Edoire Vivian Liang
North America Europe & CIS Greater China
+1 512 257 3869 +33 4 42 36 45 40 +86 1059373046
philippe.benitez(at)gemalto.com peggy.edoire(at)gemalto.com vivian.liang(at)gemalto.com


Ernesto Haikewitsch Kristel Teyras Shintaro Suzuki
Latin America Middle East & Africa Asia Pacific
+55 11 5105 9220 +33 1 55 01 57 89 +65 6317 8266
ernesto.haikewitsch(at)gemalto.com kristel.teyras(at)gemalto.com shintaro.suzuki(at)gemalto.com



Press Release (PDF):
http://hugin.info/159293/R/2030336/755259.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Gemalto via GlobeNewswire
[HUG#2030336]




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Datum: 26.07.2016 - 07:00 Uhr
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