REDWOOD SHORES, Calif., and NEW
YORK, April 12, 2018
/PRNewswire/ -- In a recent survey of 450 global IT
professionals conducted by Oracle (NYSE: ORCL) and KPMG LLP,
results show that organizations are struggling to protect their
data amidst a growing number of security breaches. The Oracle and
KPMG Cloud Threat Report, 2018 found that 90 percent of information
security professionals classify more than half of their cloud data
as sensitive. Furthermore, 97 percent have defined cloud-approval
policies, however, the vast majority (82 percent) noted they are
concerned about employees following these policies.
For enterprises storing sensitive data in the cloud, an enhanced
security strategy is key to monitoring and protecting that data. In
fact, 40 percent of respondents indicate that detecting and
responding to cloud security incidents is now their top cyber
security challenge. As part of apparent efforts to address this
challenge, 4 in 10 companies have hired dedicated cloud security
architects, while 84 percent are committed to using more automation
to effectively defend against sophisticated attackers.
"As organizations expand their cloud footprint, traditional
security measures are unable to keep up with the rapid growth of
users, applications, data, and infrastructure," said Akshay Bhargava, vice president, Cloud Business
Group, Oracle. "Autonomous security is critical when adopting more
cloud services to easily deploy and manage integrated policies that
span hybrid and multi-cloud environments. By using machine
learning, artificial intelligence and orchestration, organizations
can more quickly detect and respond to security threats, and
protect their assets."
"The pace of innovation and change in business strategies today
necessitate flexible, cost-effective, cloud-based solutions," said
Tony Buffomante, U.S. Leader of KPMG
LLP's Cyber Security Services. "As many organizations migrate to
cloud services, it is critical that their business and security
objectives align, and that they establish rigorous controls of
their own, versus solely relying on the cyber security measures
provided by the cloud vendor."
Additional Key Findings:
- Changing threat landscape poses challenges: Only 14
percent surveyed are able to effectively analyze and respond to the
vast majority (75-100 percent) of their security event data.
- Cyber security spending on the rise: 89 percent surveyed
expect their organization to increase cyber security investments in
the next fiscal year.
- Inconsistency in cloud policies: 26 percent cited a lack
of unified policies across disparate infrastructure as a top
challenge.
- Rethinking cloud strategies and providers in the face of
changing regulations: General Data Protection Regulation (GDPR)
will impact cloud strategies and service provider choices,
according to 95 percent of respondents who must comply.
- Mobile users are creating identity and access management
(IAM) challenges organizations: 36 percent said mobile device
and application use make IAM controls and monitoring more
difficult.
- Automation can help: 29 percent surveyed are using
machine learning on a limited basis, 18 percent do so extensively,
and another 24 percent are now adding machine learning to existing
security tools.
To find out more about the Oracle and KPMG Cloud Threat Report,
2018, visit Oracle at the RSA Conference, April 16-20 in San
Francisco. (Booth #1115 – Moscone South)
About the Report
The data in the Oracle and KPMG Cloud
Threat Report, 2018 is based on a survey of 450 cyber security and
IT professionals from private and public-sector organizations in
North America (United States and Canada), Western
Europe (United Kingdom),
and Asia (Australia, Singapore).
Additional Resources
- Download the Oracle and KPMG Cloud Threat Report
- Learn more about Oracle Cloud Security
- Learn more about KPMG Cyber Security Services
- Connect with Oracle Cloud Security on Twitter, Facebook
and via Oracle Cloud Security Blog
- Connect with KPMG on Twitter and LinkedIn
About Oracle
The Oracle Cloud offers complete SaaS
application suites for ERP, HCM and CX, plus best-in-class database
Platform as a Service (PaaS) and Infrastructure as a Service (IaaS)
from data centers throughout the Americas, Europe and Asia. For more information about Oracle
(NYSE:ORCL), please visit us at www.oracle.com.
About KPMG LLP
KPMG LLP, the audit, tax and advisory
firm (www.kpmg.com/us), is the independent U.S. member firm of KPMG
International Cooperative ("KPMG International"). KPMG
International's independent member firms have 197,000 professionals
working in 154 countries. KPMG International has been named a
Leader in the Forrester Research Inc. report, The Forrester Wave™
Information Security Consulting Services Q3 2017. Learn more at
www.kpmg.com/us. Some or all of the services described herein
may not be permissible for KPMG audit clients and their
affiliates.
Trademarks
Oracle and Java are registered trademarks
of Oracle and/or its affiliates. Other names may be trademarks of
their respective owners.
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SOURCE Oracle