Waltham, Mass. December 9, 2015 – The CloudLock CyberLab, CloudLock’s security intelligence arm, today released its Q4 Cloud Cybersecurity Report: “Riskiest Industries in the Cloud: Where Do You Stand?” The report analyzes 10 million users, 1 billion files, and over 91,000 applications, focusing on and breaking down risk in the Retail, Manufacturing, Healthcare, Financial Services, K-12, Higher Education, Government, and Technology industries. In the Technology industry, adoption of cloud technologies, as well as security awareness, is notably higher than that of other industries, with 83 percent of technology firms deeming excessive sharing a top cyber security concern.
Every organization shares five primary cloud cybersecurity concerns, regardless of what industry it is in: Account Compromise, Cloud Malware, Excessive Data Exposure, Over-Exposed Personally Identifiable Information (PII) and Payment Card Industry (PCI) Data, and Collaboration. On average, only 5 percent of organizations take active steps towards protecting credentials, which include attempts to identify instances of exposed credentials in public cloud environments.
When it comes to excessive sharing, 83 percent of Technology organizations are concerned with ensuring access permissions to sensitive data are granted appropriately. This is followed by K-12 (77 percent), Financial Services (75 percent), Healthcare (72 percent) and Manufacturing (70 percent). Notably less focused on excessive sharing are Retail (66 percent), Government (60 percent) and Higher Ed (59 percent).
PII & PCI Exposure
Surprisingly, the Manufacturing industry showed, on average, the least concern for ensuring access permissions are granted appropriately for PII such as users’ Social Security Numbers, IDs, dates of birth, etc., (27 percent) and PCI (39 percent). Only 10 percent of Technology firms are focused on protecting PII, but 41 percent are concerned with PCI. Higher Ed is the most concerned with protecting PII (77 percent) and PCI (61 percent), with the huge database of student records, as well as credit card and banking information tied to large spending areas such as tuition, administrative and research funds.
Highest Concentrated Exposure of Risk
A whopping 99 percent of files in the Financial Services industry that are exposed to the general public, meaning they are accessible to anyone with a link, or searchable via search engines, can be attributed to exposure by only one percent of its users. This is followed by Higher Ed (84 percent), Government (80 percent), K-12 (78 percent), Manufacturing (77 percent) and Retail (76 percent). The Technology industry had the least concentrated exposure of risk, with only 68 percent of files that are exposed publicly are by that of the top one percent of users.
Additional key findings include:
“While all industries are certainly evolving to make security a priority, each industry faces different risks and concerns that need to be addressed in a very specific and nuanced manner,” says CloudLock CEO and Co-Founder Gil Zimmermann. “We’re hoping this latest data will provide guidance for those who are wondering how they stack up against their peers, and possibly make them take notice of where they are falling behind when it comes to protecting critical information and assets.”
To download the latest Cybersecurity Report, please visit: Riskiest Industries in the Cloud: Where Do You Stand?
CloudLock is the only security vendor uniquely combining U.S. and Israeli Military Intelligence with real-time, crowdsourced cloud security insight. CloudLock continuously monitors over one billion files daily across more than 10 million users. Security professionals feed into CloudLock’s unique security insight through peer-driven, crowdsourced Community Trust RatingsTM. This intelligence allows organizations to immediately respond to emerging cloud cyber threats and risky apps.
CloudLock is the cloud-native CASB and Cloud Cybersecurity Platform that helps organizations securely leverage cloud apps they buy and build. CloudLock delivers security visibility and control for SaaS, IaaS, PaaS and IDaaS environments across the entire enterprise in seconds. Founded by Israeli Elite Cybersecurity Military Intelligence experts, the company delivers actionable cybersecurity intelligence through its data scientist-led CyberLab and crowdsourced security analytics across billions of data points daily. CloudLock has been recognized by Inc. Magazine as the fastest growing security product company in the U.S. and by Glassdoor as one of the top 3 best places to work in the U.S. Learn more at www.cloudlock.com.
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