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Research Brief: Data Loss from the Cloud Is a Common Occurrence
Jun 30, 2023
by
Enterprise Strategy Group Research
While a substantial percentage of organizations are aware of the loss of cloud-resident sensitive data, some organizations suspect they have lost data but do not definitively know. This lack of awareness indicates that organizations lack the tools or experience to confidently identify every data loss incident. As a result, organizations fail to learn from, respond to, and address the multiple causes of data loss, resulting in more incidents and greater monetary, regulatory, reputational, and existential risk.
The complexity of cloud environments and the speed and scale of operations in the cloud drive the multitude of challenges organizations face in securing their cloud-resident sensitive data. The most difficult challenges include discovery and classifi…