Intelligent CIO APAC Issue 20 | Page 24

TRENDING use of two or more cloud infrastructure providers , in the Asia Pacific region , this figure was 58 %.
In ANZ , 20 % of Australian and 22 % of New Zealand organizations flagged that the majority of their workloads and data now reside in the cloud . In fact , according to a recent study by McKinsey & Company , companies globally have accelerated their cloud adoption by three years compared to pre-pandemic adoption rates .
20 % of Australian and 22 % of New Zealand organizations flagged that the majority of their workloads and data now reside in the cloud .
This marks a significant shift in the use of cloud-based solutions , from being purely data storage solutions , to environments in which data is used transactionally and supports day-to-day business operations .
Security in the cloud is mixed
According to the study , a quarter of Australian ( 26 %) and New Zealand ( 26 %) businesses state the majority of the data stored in the cloud is sensitive , while about half of respondents in Australia ( 51 %) and New Zealand ( 43 %) reported a breach in the last year .
There are some common trends as to where companies turn when considering how to secure their cloud infrastructure . Australian businesses turn to encryption ( 74 %) followed by tokenization / data masking ( 69 %), key management ( 60 %) and multifactor authentication ( MFA ) ( 47 %) technologies as their
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