Cloud Applications Pose Security Risks

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A new survey shows that the growing tendency among employees to purchase and use consumer cloud apps for storing and sharing corporate data without involving IT departments has caused new risks for enterprises.
“The survey results are an eye-opener of how cloud applications have made it easy for employees to take information with them when they leave a company,” said Kevin Cunningham, founder and president of SailPoint, in a prepared statement accompanying the report.
Another recent report by the Ponemon Institute showed that a lack of control over who has access to confidential and sensitive information often exacerbates the insider threat problem. The survey of over 2,200 employees in both U.S. and European organizations found that many employees who work in areas such as sales, financing and accounting often have too much access to intellectual property, customer lists, contact information and other valuable corporate data.
More than 70 percent of those polled said they had access to corporate data to which they should not have access. About 55 percent described that access as “frequent” and “very frequent.” Unsurprisingly, respondents in the survey believed that IT security controls and data oversight at their organizations were weak, with 4 in 5 IT practitioners concurring and admitting their organizations did not enforce a strict least-privilege data security model.
Read more on >> Cloud Applications Heighten Security Risks, Survey Shows