The Thales report, which surveyed nearly 3,000 IT and security professionals across 18 countries in 37 industries, identifies Cloud resources as the primary targets for cyberattacks
Nearly half (46 per cent) of Indian IT and security professionals believe that all corporate data stored in the Cloud is sensitive, according to a new report released on Wednesday by IT company Thales. The report highlights a significant trend: Cloud security spending has now surpassed all other security spending categories.
The findings reveal that around 37 per cent of organisations in India have experienced a Cloud data breach, with 14 per cent of these breaches occurring in the past year (2023).
Ashish Saraf, VP and Country Director at Thales in India, commented on the growing importance of Cloud security. “The scalability and flexibility that the Cloud offers are highly compelling for organisations, so it’s no surprise it is central to their security strategies,” he said. Saraf also emphasized the urgency of addressing Cloud security challenges, stating, “With India continuously progressing in the field of digital technology and data sovereignty and privacy emerging as top concerns in this year’s research, it is vital to solve these challenges of Cloud security now to ensure a secured and trusted future for all.”
The Thales report, which surveyed nearly 3,000 IT and security professionals across 18 countries in 37 industries, identifies Cloud resources as the primary targets for cyberattacks. In India, Cloud storage and SaaS applications each account for 30 per cent of these attacks, while Cloud management infrastructure is targeted 28 per cent of the time.
The report also identifies the main causes of data breaches. Human error and misconfiguration are responsible for 34 per cent of breaches, followed by the exploitation of previously unknown vulnerabilities (32 per cent ), known vulnerabilities (21 per cent ), and the failure to use Multi-Factor Authentication (11 per cent ).
These findings underscore the critical need for robust Cloud security measures as organizations continue to rely heavily on Cloud technologies. Addressing these challenges is essential to protect sensitive data and maintain trust in the digital future.
