Comments

  1. I agree that “Specifically, the PCI Data Security Standard …” and security issues in the cloud are significant according to recent reports. This is alarming news.

    A recent report “Data Breach: The Cloud Multiplier Effect” by the Ponemon Institute reveals how the risk of a data breach in the cloud is multiplying. 66 percent of respondents say their organization’s use of cloud resources diminishes its ability to protect confidential or sensitive information and 64 percent believe it makes it difficult to secure business-critical applications.

    Ponemon asked “Can a data breach in the cloud result in a larger and more costly incident?” and found that an average data breach cost of $2.37 million it could be as much as $5.32 million if the data is in the cloud. A data breach in the cloud can be 2x more costly.

    The good news is that new cost effective data protection solutions can address this issue.

    Gartner concluded that the “Emerging Technology” defined as “Cloud Data Protection Gateways” provides a “High Benefit Rating” and “offer a way to secure sensitive enterprise data and files stored in SaaS applications”.

    I also read an interesting report from the Aberdeen Group about protecting PII and PCI data. The report revealed that “data tokenization users had 50% fewer security-related incidents (e.g., unauthorized access, data loss or data exposure than tokenization non-users)”.

    Cloud Gateways that tokenize sensitive data looks like a promising approach for cloud security.

    Ulf Mattsson, CTO Protegrity

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of the author. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided "as-is". The author shall not be liable for any damages whatsoever arising out of the content or use of this blog.
%d bloggers like this: