by Angela Guess

A recent press release reports, “Gemalto, the world leader in digital security, can today reveal that while the vast majority of global companies (95%) have adopted cloud services[1], there is a wide gap in the level of security precautions applied by companies in different markets. Organizations admitted that on average, only two-fifths (40%) of the data stored in the cloud is secured with encryption and key management solutions. The findings – part of a Gemalto commissioned Ponemon Institute “2018 Global Cloud Data Security Study” – found that organizations in the UK (35%), Brazil (34%) and Japan (31%) are less cautious than those in Germany (61%) when sharing sensitive and confidential information stored in the cloud with third parties. The study surveyed more than 3,200 IT and IT security practitioners worldwide to gain a better understanding of the key trends in data governance and security practices for cloud-based services.”

The release goes on, “Germany’s lead in cloud security extends to its application of controls such as encryption and tokenization. The majority (61%) of German organizations revealed they secure sensitive or confidential information while being stored in the cloud environment, ahead of the US (51%) and Japan (50%). The level or security applied increases further still when data is sent and received by the business, rising to 67% for Germany, with Japan (62%) and India (61%) the next highest. Crucially, however, over three quarters (77%) of organizations across the globe recognize the importance of having the ability to implement cryptologic solutions, such as encryption. This is only set to increase, with nine in 10 (91%) believing this ability will become more important over the next two years – an increase from 86% last year.”

Read more at Nasdaq. Check out the full infographic here.

Photo credit: Gemalto