87% companies concern about security during cloud deployments: Study

BANGALORE: Eighty- seven percent of the organizations believe that their senior management is concerned with security and privacy of corporate data for cloud implementations, a study says.

Hitachi Data Systems Corporation, a wholly-owned subsidiary of Hitachi, announced results of an Economist Intelligence Unit (EIU) study, “Preparing for next-generation cloud: Lessons learned and insights shared that outages and failures of public cloud implementations are 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.

While cloud computing has delivered many benefits, cloud adoption also continues to challenge even the most nimble of companies.

Cloud computing continues to transform the entire IT industry. It’s created new market opportunities, adjacent product or service opportunities and new lines of business for many organizations. It has also given IT organizations, providers and integrators more agile, streamlined and cost-effective ways to deliver services to users and customers.

About 67% of respondents have suffered some type of incident or issue related to their cloud computing implementation. Of the respondents experiencing an incident, nine percent 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%).

Twenty-six percent 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.