Intelligent CIO APAC Issue 20 | Page 23

TRENDING

MOST AUSTRALIAN BUSINESSES LEAVE HALF THE SENSITIVE DATA THEY STORE IN THE CLOUD UNENCRYPTED

Only 8 % of Australian and 26 % of New Zealand businesses are encrypting at least half of the sensitive data they store in the cloud , while only 15 % of Australian and 10 % of New Zealand organizations retain total control of encryption keys .

The 2021 Thales Global Cloud Security Study commissioned by Thales and conducted by 451 Research , part of S & P Global Market Intelligence , reports that 51 % and 43 % of Australian and New Zealand organizations respectively have experienced a cloud-based data breach in the past 12 months .

Despite increasing cyberattacks targeting data in the cloud , the vast majority ( 92 % in Australia and 75 % in New Zealand ) of businesses are still failing to encrypt half of the sensitive data they store in the cloud , raising even greater concerns as to the impact cybercriminals can have .
About half of respondents in Australia ( 51 %) and New Zealand ( 43 %) reported a breach in the last year .
Pandemic has accelerated cloud transformation
Cloud adoption is on the rise and businesses are continuing to diversify the way they use cloud solutions . Globally , while 57 % of respondents reported they make
www . intelligentcio . com INTELLIGENTCIO APAC 23