TRENDING said they could fully classify all data . Furthermore , 16 % say their employees still use nothing other than passwords to access data stored in cloud or SaaS applications .
Four in 10 ( 40 %) respondents admitted issuing a breach notification to a government agency , customer , partner or employees , which should be a cause for concern among enterprises with sensitive data , particularly in highly regulated industries .
Brian Grant , ANZ Director at Thales Cloud Security months , over a third of Australian businesses ( 36 %) experienced a cloud-based data breach or failed audit .
Cyberattacks also present an on-going risk to cloud applications and data . Respondents reported an increasing prevalence of attacks , with almost half ( 45 %) citing an increase in ransomware , 43 % in malware and 40 % in phishing / whaling .
Protecting sensitive data
When asked what percentage of their sensitive data is stored in the cloud , almost three quarters ( 73 %) said between 21 % to 60 %. However , only a quarter ( 23 %)
When it comes to securing data in multi-cloud environments , Australian IT professionals view encryption as a critical security control . Most
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