In 2017, 69% of all applications will reside in the cloud according to Cisco. As we rely increasingly on benefits made possible by further advances in Industrial Internet of Things (IIoT) and mobile devices, it’s a statistic that will continue to rise. The challenge for enterprises today is how to protect data as it streams constantly between physical mobile/IIoT devices to virtual repositories in the cloud and back again. Until corporate IT departments fully manage and stay on top of security, large breaches will continue to make the headlines. Statistics revealed in the Ponemon Institute 2016 Global Cloud Data Security Study show there is still much to do. The study found that nearly half (49%) of cloud services in the enterprise are outside corporate IT’s domain, while around 47% of corporate data stored in cloud environments are not managed by the IT department.
Anybody who uses the Internet uses, creates and leaves data behind. While in the past site visits were recorded in the depths of server log files rarely to surface again, these and related data are now the currency of the 21st century. Services are exchanged for data, this is the business model shared by Google, Amazon and many others. But people are becoming more aware that the uninhibited acquisition of their personal data may have negative consequences and no longer trust that their data is protected on the Internet.
Cloud computing technology is fast becoming an attractive alternative to maintaining IT systems and applications on premise. In-house management and maintenance of IT is costly and resource-hungry. Small and medium-sized businesses in particular benefit from the way cloud services give them access to greater processing power and IT expertise than they could ever aspire to with the modest budgets and resources of their own. Cloud computing also provides an opportunity for large organizations to enjoy economies of scale for the high data volumes produced by the many and various devices, operating systems and applications they use.