Security News > 2020 > June > Organizations are creating the perfect storm by not implementing security basics

This confidence flies in the face of the findings of the survey of 509 European executives which reveals 52% of organizations were breached or failed a compliance audit in 2019, raising concerns as to why 20% intend to reduce data security spend in the next year.

46% of all data stored by European organizations is now stored in the cloud, and with 43% of that data in the cloud being described as sensitive, it is essential that it is kept safe.

As more sensitive data is stored in cloud environments data security risks increase.

Despite the multitude of threats, businesses feel that the complexity of their environments is holding their data security capabilities back.

"Businesses are continuing to race towards digital transformation and many are increasingly reliant on complex cloud environments, without taking a zero-trust approach. Data is more at risk than ever, whilst organizations are unwittingly creating the perfect storm for hackers by not implementing the security basics," commented Rob Elliss, EMEA Vice President for Data Security solutions at Thales.

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