Intelligent CIO APAC Issue 20 | Page 26

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Brian Grant , ANZ Director at Thales of Australian respondents and 28 % of New Zealand respondents ) aren ’ t even considering one .
Complexity as a concern
Businesses share common concerns about the increasing complexity of cloud services . In Australia , more than half ( 62 %) of respondents claimed managing privacy and data protection in the cloud is more complex than on-premise solutions while this was slightly lower in New Zealand at 53 %.
Brian Grant , ANZ Director at Thales , said : “ Organizations in Australia and New Zealand like their counterparts across the globe are struggling to navigate the increased complexity that comes with greater adoption of cloud-based solutions . It ’ s no longer ‘ if ’ a cyberbreach occurs but ‘ when ’.
top four technologies to protect their sensitive data in the cloud , while the top three security technologies New Zealand businesses use are key management ( 69 %), encryption ( 59 %) and MFA ( 53 %).
Alarmingly , only 8 % of Australian businesses have encrypted more than half of the sensitive data they store in the cloud while New Zealand businesses fared better on this with 26 % of businesses encrypting more than half of the sensitive data they store in the cloud .
Even where businesses protect their data with encryption , 33 % of Australian organizations and 28 % of New Zealand organizations mostly leave the control of keys to service providers rather than retaining control themselves . Where large numbers of organizations fail to protect their data sufficiently with encryption , limiting potential access points becomes even more critical .
However , nearly three quarters of business leaders ( 66 % in AU and 75 % in NZ ) admitted their organization does not have a Zero Trust strategy and a quarter ( 21 %
“ A robust security strategy is essential to ensuring data and business operations remain secure . With nearly every business reliant on the cloud to some extent , it is vital that security teams have the ability to discover , protect and maintain control of their data .”
Fernando Montenegro , Principal Research Analyst , Information Security at 451 Research , part of S & P Global Market Intelligence , added from the 2021 Thales Global Cloud Security Study : “ Protecting customer data is always the priority , and organizations should strongly consider reviewing their strategies and approaches to proactively protect data in cloud . This includes understanding the role of specific technologies including encryption and key management , as well as the shared responsibilities between providers and their customers .
“ As data privacy and sovereignty regulations grow , it will be paramount that organizations have a clear understanding of how they remain responsible for data security and make clear decisions about who is in control and who can access their sensitive data .” p
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