Covid-19: Data security is keeping IT pros awake at night

Data security is creating fear and trust issues for IT professionals, according to the third-annual Oracle and KPMG Cloud Threat Report 2020. The study of 750 cybersecurity and IT professionals across the globe found that a patchwork approach to data security, misconfigured services and confusion around new cloud security models has created a crisis of confidence that will only be fixed by organisations making security part of the culture of their business.

The study found that IT professionals are three times more concerned about the security of their company’s data than the security of their own home. They also have concerns about cloud service providers; 80% are concerned that cloud service providers they do business with will become competitors in their core market; 75% of IT professionals view the public cloud as more secure than their own data centres, yet 92% of them do not believe their organisation is well-prepared to secure public cloud services; nearly 80% of IT professionals say that recent data breaches experienced by other businesses have increased their organisation’s focus on securing data moving forward.