Cloud computing leaves businesses vulnerable to hackers, report claims

22 April 2010

The advance of new technologies such as cloud computing is leaving businesses open to cyber attacks, a new report has claimed.

Findings from a study by PricewaterhouseCoopers (PwC), on behalf of Infosecurity Europe, revealed that nearly two-thirds of organisations questioned stated that attacks on their IT security networks have increased during the last 12 months.

The report claimed that the number of businesses utilising new technologies such as Software as a Service, virtualisation and cloud computing has simultaneously gone up.

Up to 75 per cent of the firms questioned in the study now use these IT services, the study showed.

Chris Potter, partner at PwC’s OneSecurity, said: “Very few organisations are encrypting data held on virtual storage, including the ‘cloud’. Worryingly, only 17 per cent of those with highly confidential data at external providers ensure that it is encrypted.

“Virtualisation and cloud computing seem to be set to follow the trend, established over the last decade, of controls lagging behind adoption of new technologies."

He added that businesses and organisations need to work quickly to ensure that the gap between innovation and security systems is closed.

Further findings from the study revealed that a quarter of firms questioned have been targeted in a ‘denial of service’ attack in the last 12 months.

The figure is double the amount seen during the previous year-long period.

By Jim Ottewill

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