Cloud Study Reveals Vast Majority of IT Leaders Concerned With Security and Privacy of Data

87% of IT executives globally indicate that their senior management are concerned with security and privacy of corporate data for cloud implementations, according to the report, 
”Preparing for next-generation cloud: Lessons learned and insights shared” – an Economist Intelligence Unit (EIU) research program, sponsored by Hitachi Data Systems.

cloud-hostingResponses also indicated that outages and failures of public cloud implementations were twice as likely to occur when compared to private cloud. Almost half of the respondents indicated the biggest risk of a failed implementation to be loss of customer data. 

Cloud Study Highlights:

  • 67% of respondents have suffered some type of incident or issue related to their cloud computing implementation.
  • Of the respondents experiencing an incident, 9% indicated it as being “high damage”, while 55% indicated the damage as being “limited” and 34% “medium.”
  • 46% of respondents consider “loss of customer data” as the biggest risk to their organization of a failed cloud implementation, followed by loss of revenue (40%) and breach of customer privacy (36%).
  • 26% of survey respondents who experienced a cloud incident cite a “prolonged failure to integrate” with the public cloud as a problem. A majority (36%) cited a technical error on the part of their own organization as being a primary cause of the incident.

The report
”Preparing for next-generation cloud: Lessons learned and insights shared”, an Economist Intelligence Unit (EIU) research program sponsored by Hitachi Data Systems, surveyed 232 global IT executives in 2015 to explore companies’ experiences with cloud adoption.

Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., provides information technologies, services and solutions that would help companies improve IT costs and agility. Their solutions and services are trusted by the world’s leading enterprises, including more than 70% of the Fortune 100 and more than 80% of the Fortune Global 100.