Ponemon Institute surveyed 662 IT and IT security pros in the US. An average of 42% of corporate data is stored in the cloud, but IT controls only 27% of it. Organizations experience an average of 138 hours of application downtime per year. Most organizations don’t evaluate the security of SaaS apps before deployment, study finds. There is no centralized accountability for securing cloud apps and services without IT approval, researchers say. Without a structured means of adopting and deploying applications, organizations will have potentially dangerous software rolling out.”]
Source: https://www.darkreading.com/cloud/cloud-compromise-costs-organizations-$62m-per-year/d/d-id/1341136