September 17, 2024
Back in 2023, a major corporation suffered a massive data breach, which led to the loss of major customer trust. This breach happened because the company overlooked key vulnerabilities in its cloud setup.
Such incidents serve as an important reminder of the importance of robust cloud risk management. According to the Thales Cloud Security 2024 Report, 47% of cloud data is sensitive, yet only 10% of enterprises have encrypted 80% or more of their cloud data.
Why is it alarming? Without a proper strategy, sensitive data is open to being exposed, leading to data breaches, fines, and eventually, loss of customer trust. Organizations should have a framework to address their security vulnerabilities actively.
The gap between the requirement of security needs and action is evident, and companies must act now to avoid becoming the next cautionary tale and an example for other companies.
This blog helps you understand the shared responsibility model between your organization and cloud service providers, helping you to take control of your data and application security.
We also discuss how to implement risk management in the…
