Almost, all the businesses witnessed improvements in IT performances after shifting to cloud computing. Organizations could cut their energy use and reduced waste. Thus, cloud computing gained significant momentum in the year 2012. But it could also be the year that cyber-attackers target the cloud and send shockwaves through corporations by causing a huge cloud security breach.
$48 Billion was lost in the US alone in 2011
562 million records compromised in the last five years
13 number of major security breaches in NASA in 2011
Sony, lost $1 billion due to security breaches in 2011
Health Care and Educational Institutes are at most risk (22% and 20%) from security breaches
28% of information leaks are from lost or stolen portable devices
Cost of a stolen or lost business laptop is around $53,000!
14% of breaching happens in California, followed by New York with 10%
However, 92% of security breaches are avoidable by controlling data access, securing data with back up, encrypting source data, etc.