According to enterprise mobile security vendor Bitglass - which conducted research with more than 138,000 companies worldwide - companies are at risk of suffering a data breach, and cautions that as more companies deploy cloud applications and modernise the way their employees perform their work, they must also implement effective security tools and strategies tailored to a cloud-first environment.
“Cloud adoption has grown at a staggering rate, allowing organisations to evolve and keep pace with the market’s ever-growing productivity and flexibility demands,” said Rich Campagna, CMO, Bitglass.
“The significant gap between the adoption of cloud-based tools and cloud security technologies indicates that most companies are at serious risk of suffering a data breach. Enterprises must understand that operating in the cloud is fundamentally different from the traditional way of conducting business, and that on-premises methods of protecting data are no longer sufficient.”
Key findings of the Bitglass research are:
- Despite an early lead in the cloud productivity market, the adoption of Google’s G Suite has reached only 33%, up from 25% in 2018. Microsoft Office 365 still reigns as the cloud productivity suite of choice with a 79% adoption rate.
- Deployment of AWS has increased by 43% since 2018, reaching an average of 20% this year.
- At 82%, financial services organisations are the fourth largest adopters of Office 365. Additionally, their adoption of SSO grew nearly 41% since last year, indicating that the financial services sector is recognising the criticality of cloud security tools.
- While 79% of healthcare organisations have adopted Office 365, only 30% have adopted SSO. This disparity is particularly concerning in light of the vast amount of sensitive personally identifiable information (PII) that they collect and store.
- Technology remains the leading vertical in terms of AWS adoption (32%) and is the top user of Slack (79%). However, the industry lagged in SSO, reaching only 33% adoption.
- Education is a major user of cloud-based tools, adopting Salesforce (30%) and Okta (18%) more than any other industry.
- Larger organisations are the leading adopters of cloud applications and single sign-on. 64% of large firms utilise SSO, which is nearly 50% more than medium-sized companies, and more than twice that of small organisations.