Notably, the study reveals a growing concern regarding the sensitivity of cloud data, as 75% of businesses now consider at least 40% of their cloud-stored data to be sensitive. This represents a significant increase from the previous year’s figure of 49%.
Encryption, a critical aspect of securing online data and communications, garnered attention in the study. While many cloud providers claim to offer industry-standard encryption or higher, the reality is that only an estimated 45% of cloud data is currently encrypted. Additionally, few businesses have full control over their encryption keys, and the dispersal of data across multiple locations complicates the encryption process.
