There has been a study on German companies which is only available to the FAZ that indicates the state of some of the German companies. From the results of the study, these German companies are not doing as well as it emphasized how insecure the companies are with cloud technologies.

The results of the recently undertaken safety report on the virtual Data storage by the renowned security software provider Symantec published only on FAZ has evidently moved the information technology departments of German companies. One thing that really caught their attention is the risk of cloud technologies. According to the results of the study, 70 percent of the companies that were looked at during the study have the belief and fear that, their company’s Data can be collected by criminals to be sold and purchased from these criminals in their various residents and on the Darknet.

Image source: blog.sensecy.com

Based on the results from about 1250 IT executives, the study was made in about 11 countries across the globe and was made using company security software of Symantec by the assessment of the company’s unshared Data.

The American-based company Symantec is a global leader of cybersecurity that permits organizations, governments, and people to secure their most important data wherever it lives. Symantec has about 50 million consumers and many other companies that utilities their service and product.

The cloud specialist at Symantec, Nico Popp, in a statement said that the infirmity of Datastores on the internet apparently carries a bigger risk more than we usually know. These risks primarily escalate from the abundance of business data stored by means of cloud technology. In any case, the cloud technology itself is not the problem because it doesn’t lead to any issue but the actual problem comes from how carelessly most users of the cloud technology mismanage it.

Image source: shutterstock.com

As cited in the study, the IT staff was loaded excessively. Also, encryption is a big issue as 80 percent of the companies studied did not have any form of encryption which was the major reasons for many security risks. Moreover, regular employee operations such as creating insecure connections from a source to their personal phones or personal computers, carelessly disclosing their password, using a weak and easily noticed password and writing their passwords on paper and leave it in the drawer of their desk at work, are all causes for many security risks.

Another major issue that was noticed by the IT managers was how ripped up the landscape of various cloud applications of their companies was, for instance, one German company was found to be using about 436 different cloud applications, explicitly, due to the difference in solutions sorted out by the various departments. Overall about 1807 different apps were found to be used by the various studied companies whereby each of the applications carries its own weaknesses when it comes to security with its interface usually being risked.

Lastly, most of the cloud services can be easily accessed on the internet which makes it quite easy for criminals with advance technical knowledge to attack and access companies’ Data.  Therefore most of the IT managers worries about attacks from these criminals and are finding effective strategies to proceed in time of such attacks.

Source: EN24


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CARINE SCOTT
Carine Scott is the contributing editor of Dark Web Link. She has written about IT security since 2008, having spent five years as news editor of SC Magazine and six months as an Analyst in the Information Security Practice at 451 Research. She has spoken at SteelCon and Infosecurity Europe, as well as writing for a number of vendor blogs of the Best Dark Web Websites and presenting on webcasts.

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