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While 75% of IT professionals view the public cloud as more secure than their own data centers, 92% also feel that their immaturity in their cloud security programs is creating a readiness gap. An increasing number of businesses are identifying their own lack of shared responsibility knowledge in securing cloud, as a key cause for the frequent misconfigurations and gaps and this misunderstanding goes all the way to the top with only 8% of cyber leaders fully understanding their team’s role in securing cloud versus the cloud service provider.
When organizations do not employ a top-down, security-first culture that spans the C-suite, the result is data loss, proliferation of malware, and mistrust of the cloud service. With 59% of respondents reporting that they have had privileged cloud credentials phished, and 75% experiencing data loss from a cloud service on more than one occasion, businesses are forced to ensure that all their teams are assuming ownership and responsibilities for securing mission critical data.
Organizations face many challenges in enabling a secure journey to the cloud. While this report highlights a wide swath of information, we continue to create additional opportunities to take a deeper look into the findings of this groundbreaking survey with focused briefs, summary findings, and an ongoing online conversation in our Oracle Cloud Security Blog.
Oracle and KPMG are working together to tackle common challenges IT and cyber leaders are facing. This includes a lack of understanding in foundational elements of cloud such as the cloud security shared responsibility model.
Learn more about the five reports being developed for the 2020 Cloud Threat Report series.
Learn more about CISO priorities and challenges in the Oracle and KPMG Cloud Threat Report.
Read the latest from industry leaders around key topics and considerations found in the Cloud Threat Report