CipherCloud - Cloud Adoption and Risk Report
Few advances come close to the power of cloud computing to re-chart the path of enterprise IT. With faster time to market, massive economy of scale, and unparalleled agility, the cloud is being adopted by enterprises at an unprecedented rate.
At the same time, however, few organizations have a strategic and coherent approach to managing cloud security and risk. Limited visibility, uncertain responsibility boundaries, and the lack of effective governance frameworks have all contributed to the current state of the art. As one Fortune 500 company CISO puts it: “Go to the cloud and hope for the best.” This report, with insights drawn from CipherCloud’s customers and our extensive cloud risk knowledge base, helps to shed light on enterprise cloud usage, risks observed, and geo-specific trends.
This report includes anonymized data of cloud user activity collected for the full 2014 calendar year, spanning thousands of cloud applications and millions of enterprise cloud users.
Our findings suggest that organizations vastly underestimate the level of Shadow IT when it comes to cloud adoption. As a result, hundreds of high-risk cloud applications are in common use across North America and European enterprises.
To achieve governance, it is imperative that organizations build the necessary legal and technological infrastructure to address cloud risks. This report discusses key points of focus for enterprise IT in order to address the competing tensions between business efficiency and security control and visibility.