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Cloud Data Security

Cloud Data Security in BusinessesUnderstanding the cloud data security risks are just as important as the rewards.

With more companies looking into cloud computing, understanding the data security risks are just as important as the rewards. As new data security statistics regarding cloud computing are discovered, we will post them here.

  • By 2013, 80% of companies will spend between 7% and 30% of their IT budget on Cloud Services.
  • SMBs are swiftly adopting cloud services as a cost-reduction strategy and to enable greater agility.
  • Estimated that there are 1.8 billion internet users would wide in 2010. That’s about a 400% increase
    since 2000.  – AMD, 2010
  • In 2010, 1200 Exabytes of data was stored. An Exabyte is a billion gigabytes. In 2020 it is expected to be
    at 35 Zettabytes (or 35,000 Exbytes).  – AMD, 2010
  • 50 million physical servers in the world today.  – Cloud Hypermarketing
  • The bulk of SMB cloud spend is on CRM, payroll, accounting and financial and Web conferencing
    applications. AMI Partners
  • Cloud services adoption increased during the first half of 2010, with 14 percent of SMBs reporting that
    they use cloud computing services with another 10 percent expecting to deploy cloud services.
    – Spiceworks
  • $50B cloud adoption growth by 2015 with a $25B or 15% operation cost savings. -UBS, 2011
  • Primary reasons why customers purchase cloud resources are lower cost and faster deployment of
    applications. In contrast, improved security or compliance with regulations is viewed as an unlikely
    reason for choosing cloud services. – Ponemon Institute, Dec 2010
  • By 2012, it is estimated 52% of cloud applications will target business applications. 18% for infrastructure,
    13% for storage, 9% application development, and 8% server.  – IDC

 

Statistics on Cloud Data Security

  • The majority of cloud computing providers surveyed do not believe their organization views the security of
    their cloud services as a competitive advantage. Further, they do not consider cloud computing security as
    one of their most important responsibilities and do not believe their products or services substantially
    protect and secure the confidential or sensitive information of their customers.- Ponemon Institute, Dec 2010
  • Over 90% of all cloud services require user name and password authentication.
  • The most widely used passwords are “password”, “password1” and “12345”
  • A four character password takes a computer a few seconds to break, whereas a ten character (upper, lower,
    and numbers) password takes the same computer approx 26,984 years
  • 66% of all employees use 1 or 2 passwords for every site. – Gartner 2009

 

Blog Posts on Cloud Data Security