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Current Filter: Cloud>>>>>Feature> Are you losing it? Editorial Type: Feature Date: 07-2015 Views: 3256 Key Topics: Cloud Security SaaS Data protection Cloud Backup CRM Key Companies: eFolder Key Products: Salesforce Office 365 Box Google Key Industries: | |||
| Bryan Forrester, Senior Vice President of Sales at eFolder, describes the top five sources of cloud data loss, and offers some advice on how to protect critical data. Businesses are rapidly adopting cloud applications. According to the Aberdeen Group, 80% of businesses reported at least one SaaS application in their organisation. Beyond adoption, usage has also increased: 2014 was the first year in which the majority of workloads took place in the cloud, versus a traditional on-premises space, 51% to 49%, according to Silicon Angle. Moving to the cloud has increased productivity, enabled mobility, and promoted collaboration. One major issue that moving to the cloud has not eliminated for organisations is the reality of data loss. While SaaS applications such as Salesforce, Office 365, Google Apps, and Box are inherently secure and resilient, the biggest threat is not hardware or software malfunctioning - the biggest threat is humans. As an indicator, 32% of companies in 2013 using cloud services reported losing data. This data loss reality is especially pertinent when we consider that more than 50% of organisations are transferring sensitive or confidential data to the cloud.
1. User Error
2. Hackers In fact, now 50% of data breaches occur at companies with fewer than 1,000 employees. Common types of hacker attacks consist of the hacker breaking into an organisation's database or acquiring administrator and user credentials. Often, this type of activity results in sensitive data being compromised, jeopardising both the business and its customers.
3. Closing Account According to the 2011 Pacific Crest "Private SaaS Company Survey," the average churn rate for a SaaS application is 5%. When organisations make these software switches, cloud data is lost, costing the business time and money.
4. Malicious Delete At all levels, there are examples of employees not valuing company data nearly as much as the IT department or executives do, especially when these employees view their job as a stop-gap or temporary. Consider that the average turnover rate for a B2B sales representatives is 13.9%, and those individuals are responsible for working with potentially important leads and accounts. Malicious deletion is a difficult and dangerous form of data loss to control because the culprit is a member of the organisation and knows where the most vital data resides.
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