• Cloud security challenges result of limited IT staff and budget

        • Cybersecurity vendor, Netwrix has announced the release of its global 2021 Netwrix Cloud Data Security Report. The report is based on feedback from 937 IT professionals worldwide who use private and public cloud services to store their data.

          The report reveals that the most common types of cloud security incidents suffered by UK organisations in 2020 were phishing (52%), ransomware or other malware (23%) and account compromise (21%). The latter was the hardest to detect: Over half of respondents needed days (46%) or weeks (5%) to flag the issue. The top three consequences of data breaches were unplanned expenses to fix security gaps (36%), customer churn (14%) and a decrease in new sales (12%).

          Respondents from the UK complained that lack of IT staff (63%), lack of budget (51%) and complexity of cloud workloads (50%) hinder security teams from properly securing data in the cloud. 

          Other survey findings for the UK include:

          • 28% of UK organisations needed weeks to discover insider data theft
          • 29% required months to recover from data theft caused by hackers
          • Employee training is the most common cloud security control, with 86% of organisations conducting periodic training and an additional 4% planning to do so
          • UK organisations most commonly allocate 25% of their cybersecurity budget to cloud security
          • During the pandemic, 54% of UK organisations had to change their IT priorities but stick to their existing budget. 22% of organisations increased their cybersecurity spending 

          Ilia Sotnikov, VP of Product Management at Netwrix said, “lack of resources and the complexity of multi-cloud environments make it difficult to build consistent security controls. Experts recommend starting by classifying all data. That way, organisations can ensure they know where their sensitive data resides, apply appropriate controls in accordance with its sensitivity and establish auditing process to detect threats promptly.” 

          To get the complete findings of the 2021 Netwrix Cloud Data Security Report, visit www.netwrix.com/2021_cloud_data_security_report.html.

        • Stay up to date - Click here and register for FREE Channel Info online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the Channel Info app

        • Related Articles

        • Top 5 mistakes business owners will make coming out of the pandemic

          Top 5 mistakes business owners will make coming out of the pandemic

          Tuesday 27th Apr 2021
          After a turbulent year for business owners around the globe, it’s safe to say that most of us are looking forward to seeing how the easing of restrictions will bring back a sense of life as we knew it before the pandemic. However, Simon Ellson,...Read More...
          Security a top concern for over half of MSPs

          Security a top concern for over half of MSPs

          Tuesday 30th Mar 2021
          Security tops the list of problems facing MSPs in EMEA in 2021, with 54 per cent citing it as their biggest concern according to the latest MSP Benchmark Survey from Kaseya, a provider of IT and security management solutions for manage...Read More...
          Growth in home office furniture market to increase

          Growth in home office furniture market to increase

          Tuesday 23rd Mar 2021
          The COVID-19 pandemic had a serious impact on the home office furniture market in 2020. Growth in the home office furniture market is expected to increase significantly in 2021, with pent up demand being released, as an increasing number of workers a...Read More...
                • About Us

                  Channel Info is the leading source of business news and information for the office dealer and reseller market. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, supplements, website, digital editions, apps, newsletters and bespoke communications with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the team behind Channel Info has over 60 years experience collectively in the office products, furniture, equipment and technology markets Channel Info continues to develop and adapt in order to meet the changing information needs of its readers.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue