1Why Lack of Proper Governance Puts Cloud Deployments at Risk
Cloud computing provides opportunities for companies to reduce the size and costs of their IT infrastructures with the goal of improving profitability and efficiency. But a new survey of 300 IT professionals by Fugue, a company that specializes in cloud infrastructure governance, has found that many companies have weak or even no cloud data governance plans in place. Furthermore many companies that have governance plans maintain them with pen and paper. Poor data governance raises the possibility of data breaches that could result is serious financial losses and result in senior executives losing their jobs for failing effectively protect corporate data. This slide show will discuss Fugue’s findings and highlight why effective cloud governance can mean the difference between suffering a breach and keeping critical data safe.
2Keeping Track of Cloud Infrastructure
3Security, IT, Compliance Experts Must Collaborate
4Enterprises Value Rapid Innovation Over Security, Compliance
Enterprises value rapid innovation over IT security and policy compliance. The survey found that more than half of respondents said that security and compliance can actually slow down the pace of innovation, causing business problems. The Fugue survey identified this as the main reason why IT infrastructure managers, security experts and compliance specialists frequently don’t collaborate in enterprises.
5The Risk of Turning a Blind Eye to Security
6Business Executives Don’t Comprehend Security Risks
7Many Enterprises Don’t Use Computerized Governance Tools
8Many Organizations Don’t Plan to Implement Governance
9There’s a Lack of Confidence in Cloud Security
10Taking a Manual Approach to Planning Digital Systems
In a digital-first world, a large number of companies still rely on pen and paper to manage infrastructure, according to Fugue. The company said that 68 percent of IT professionals are using paper-based checklists for infrastructure policies and 62 percent use manual reviews to ensure infrastructure is properly provisioned.
11Poor Planning, Governance Raise Data Breach Risks
Poor governance and infrastructure planning raise the risk of a data breach that is extremely costly financially and in terms of market reputation, putting C-level executives’ jobs at risk. According to fugue survey, 47 percent of respondents believe a CEO should be terminated after a data breach. CIOs should be on the chopping block, according to 32 percent of respondents. The vice president in charge of cloud systems should get the ax according to 31 percent while 11 percent of respondents believe corporate board members should lose their positions.