Tech firms driving investments in cloud data security

Register now

IT companies are the driving force behind investments in cloud security, according to a recent survey by Netwrix, a provider of a visibility platform for user behavior analysis and risk mitigation in hybrid IT environments.

In November, the company surveyed 853 organizations that are public or hybrid cloud users and found that 80 percent of technology and IT businesses get support from top management for cloud security initiatives. That’s more than any other industry surveyed.

The survey revealed cloud security trends within particular industries. For example, malware is the most feared security threat by healthcare organizations (61 percent) and government entities (60 percent), although it is the second most significant concern for all industries surveyed.

A majority of educational institutions (62 percent) perceive their own employees to be the biggest threat to cloud security, the largest share among the industries surveyed. This result is explained by the fact that the education sector has the lowest visibility into user activity in the cloud, with only 18 percent saying they are completely aware of their IT staff activity.

Financial services companies outdo other industries when it comes to visibility into IT staff activity, with 47 percent of respondents contending that their organizations have complete visibility. They are also the most active cloud users—nearly all those surveyed (96 percent) already store sensitive data in the cloud.

Respondents from retail and wholesale sectors say the biggest threat to their organizations are hackers (48 percent). This also is the only industry that cited denial-of-service attacks as one of its major concerns.

For reprint and licensing requests for this article, click here.