When we talk about cloud computing, there are a few important security things to think about:
Data Breaches: A report from IBM in 2021 showed that data breaches cost companies around $4.24 million. It's really important to protect sensitive data that is stored in the cloud. In fact, 60% of organizations have faced data breaches linked to cloud services.
Compliance: Businesses need to follow certain rules like GDPR, HIPAA, and PCI DSS. If they don't, they can get fined a lot—up to 4% of their annual global income or €20 million, whichever is higher.
Access Control: It's crucial to have strong ways to manage who can access information. A study by the Ponemon Institute found out that 20% of data breaches happen because someone’s login information got stolen. This shows how important it is to have good ways of verifying identity.
Vendor Lock-In: Companies should think about the security risks of relying too much on just one cloud provider. About 50% of businesses worry about being stuck with one vendor.
Data Loss: A study from the Cloud Industry Forum found that 32% of businesses have lost data in the cloud because their security wasn't strong enough.
Shared Responsibility Model: Keeping things safe in the cloud is a team effort. Customers need to know their part in protecting their data, while providers handle the physical security part.
When we talk about cloud computing, there are a few important security things to think about:
Data Breaches: A report from IBM in 2021 showed that data breaches cost companies around $4.24 million. It's really important to protect sensitive data that is stored in the cloud. In fact, 60% of organizations have faced data breaches linked to cloud services.
Compliance: Businesses need to follow certain rules like GDPR, HIPAA, and PCI DSS. If they don't, they can get fined a lot—up to 4% of their annual global income or €20 million, whichever is higher.
Access Control: It's crucial to have strong ways to manage who can access information. A study by the Ponemon Institute found out that 20% of data breaches happen because someone’s login information got stolen. This shows how important it is to have good ways of verifying identity.
Vendor Lock-In: Companies should think about the security risks of relying too much on just one cloud provider. About 50% of businesses worry about being stuck with one vendor.
Data Loss: A study from the Cloud Industry Forum found that 32% of businesses have lost data in the cloud because their security wasn't strong enough.
Shared Responsibility Model: Keeping things safe in the cloud is a team effort. Customers need to know their part in protecting their data, while providers handle the physical security part.