Companies think their data is safer in the public cloud than in on-prem data centers, but the transition is driving security issues.

More business-critical data is finding a new home in the public cloud, which 72% of organizations believe is more secure than their on-prem data centers. But the cloud is fraught with security challenges: Shadow IT, shared responsibility, and poor visibility put data at risk.
These insights come from the second annual “Oracle and KPMG Cloud Threat Report 2019,” a deep dive into enterprise cloud security trends. Between 2018 and 2020, researchers predict the number of organizations with more than half of their data in the cloud to increase by a factor of 3.5.
“We’re seeing, by and large, respondents are having a high degree of trust in the cloud,” says Greg Jensen, senior principal director of security at Oracle. “From last year to this year, we saw an increase in this trust.”
It’s a definite shift from a time in the not-so-distant past when businesses felt the cloud was less secure than their on-prem data centers. Cloud services are no longer nice-to-have elements of IT; they handle core functions related to all aspects of business operations. Software-as-a-service (SaaS) applications, in use among 84% of respondents, help remove cost and complexity of on-prem infrastructure.
Organizations have begun to test business-critical services in the cloud in recent years, Jensen says. Within the past couple of years there has been a “tipping point” at which a large percentage of businesses are diving in. More than 70% of survey respondents say the majority of their cloud-based data is sensitive, an increase from 50% who said the same last year.
The rise of automation has contributed to a change in mindset and businesses’ sense of safety, Jensen continues. And while the cloud brings several benefits, the expectation that it solves all …

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Author: Kelly Sheridan Staff Editor, Dark Reading

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