McAfee: 26% of companies have suffered cloud data theft

https://venturebeat.com/2018/04/15/mcafee-26-of-companies-have-suffered-cloud-data-theft/

With the advent of cloud storage, many companies have come to trust this storage method and transferred crucial information from their hard-drives to the ‘cloud’. However, not everyone is equally impressed!

In its third annual meeting on cloud security, leading cybersecurity firm McAfee presented a thrilling report on the security risks pertaining to cloud storage. The report stated that about 26 percent of companies using cloud storage have faced data thefts.

According to the words of Raj Samani, the chief scientist at McAfee “This year’s study demonstrates that there are firms ramping up cloud adoption and increasing investment to manage the risks, and conversely a larger number of organizations that are taking a more cautious approach,”