Many organizations have seen measurable, positive growth in their businesses as a result of the cloud. The number of companies that say they have no plans to use the cloud in any capacity has been reduced by nearly half in the last two years. Encryption is a standard procedure for many providers now, both while data is being transferred and stored. Cloud service providers and modern data centers actually exceed the security requirements of regulations like PCI-DSS, HIPAA, and Dodd-Frank. For small businesses that may struggle to meet these requirements on their own, cloud services are an important part of everyday operations.”]
Source: https://informationsecuritybuzz.com/articles/security-no-longer-a-major-concern-in-cloud-adoption/