Numerous Businesses Daunted by Cloud Security
An astonishing 80% of businesses that are using cloud computing service providers are not accessing how these firms 
ensure the data is kept private, says Deloitte.
The firm said in a report (entitled ‘Enterprise@Risk:Privacy & Data Protections Survey’) that is was unclear whether that’s because they lack the means to make sure cloud providers are actually protecting data, or whether businesses don’t have the processes established to conduct evaluations.
Deloitte said that managing cloud vendors is still a new game to corporations, and they have not matured the process, or it could also be that it is just too difficult to test and audit providers’ cloud environments to see whether they measure up.
Rena Mears, partner and leader with Deloitte’s security and services says that the corporation whose data is breached is eventually liable for the breach, not the service provider that agreed to protect it.
Businesses using cloud computing services are urged to perform ongoing risk assessments of the data that is trusted to the cloud.
The top concern businesses have about cloud computing is protecting its corporate intellectual property. Thirty percent said they worried most about intellectual property, with 20.7 percent citing the ability to enforce regulatory and contractual requirements ranking Unauthorized use of data ranked third with 15.1 percent.
According to Deloitte, nearly 45 percent of respondents have already bought cloud computing services and 22 percent say they are considering them.
