itb-nz logo
Story image

Cloud adoption moving businesses forward faster – McAfee

19 Jun 2019

Cybersecurity company McAfee has released a special edition of its Cloud and Risk Adoption Report, focused on the business impact of cloud services and how organisations around the world are addressing security gaps to accelerate their businesses with the cloud.

Cloud services are the most significant advance in IT since the introduction of the internet itself, and most organisations today benefit from the collaboration, scalability and cost-effectiveness enabled by the use of cloud services.

With an increasing amount of sensitive data stored in the cloud, organisations are also finding challenges in managing their risk, which holds back many organisations from realising their full potential.

McAfee surveyed 1,000 enterprise organisations worldwide and combined results with insights from billions of anonymised cloud events seen every month by McAfee’s CASB, MVISION Cloud.

The results demonstrate that a wide range of organisations accelerate their business from the use of cloud services.

However, there is a divide between organisations who have addressed their shared responsibility for protecting data in the cloud, and those who have not – organisations were over 35% more likely to launch new products, speed time to market, and expand to new markets with the cloud when proactively addressing security of their data in the cloud through the use of a CASB. 

This edition of the McAfee Cloud Adoption and Risk Report also found:

  • Most sensitive data is under the IT team’s control: Results showed that 65% of enterprise data lives in collaboration and business software-as-a-service (SaaS) applications, 25% in infrastructure-as-a-service (IaaS), and only 10% in “Shadow IT” unknown to the IT department.  IT teams are subscribing to these cloud applications themselves, effectively fulfilling many employee needs that were previously unmet or were met through the use of “Shadow IT”.
     
  • Gap between secure enablement and cloud adoption: Only 36% of organisations said they could enforce data loss prevention in the cloud, and only 33% could control the collaboration settings that determine how their data is shared. In the case of IaaS, only 26% said they could audit configuration settings, widening the gap between risky and secure cloud adoption.
     
  • A minority of organisations experiencing the full potential of business acceleration: Although the likelihood of launching new products, speeding time to market and expanding to new markets is higher when a CASB is part of their cloud security strategy, only one in three companies surveyed are currently using one.

“This research shines a light on organisations who are leading the charge in cloud adoption, prioritising the security of their data as they roll out new cloud services and winning in the market because of the actions they are taking,” says McAfee Cloud Security senior vice president Rajiv Gupta.

“Organisations often tell us how much faster their business moves when security is addressed in the cloud and it is exciting for us now to quantify this experience and share our data and recommendations with the rest of the market.” 

Link image
Join Nintex on 3 December for Workflow Wonders: TLC for Kids
TLC for Kids is a charity that puts smiles back on childrens’ faces during times of illness. Learn how the charity leverages Nintex to free up resources so it can focus on what really matters. Nintex will donate A$5 for each registration to TLC for Kids! Find out more.More
Story image
Why legacy technology is swallowing too much of your IT budget 
Given the restrictions caused by legacy IT infrastructure, why are more organisations not pushing ahead with plans to rid themselves of the burden?More
Story image
NCSC prevents $70m harm against NZ's nationally significant organisations
New Zealand’s nationally significant organisations have faced at least 352 cyber incidents in the 2019/2020 year, but the dangers are far from over.More
Story image
IDTechEx: the role of emerging tech in fighting COVID-19
2020 will go down in history for the year of the global pandemic, but also for the rise of innovative digital technologies.More
Story image
Pure expands as-a-service offerings with focus on transparency
It aims to provide the economic benefits of cloud, along with those of Evergreen architecture including non-disruptive expansions and maintenance. More
Story image
Why tool consolidation should be a top priority for businesses
How can businesses expect to scale for their biggest day when a single, unified view of their infrastructure doesn’t exist? The impact on the business is too high to ignore, writes New Relic APJ executive vice-president and general manager Dmitri Chen.More