Businesses facing major data losses from cloud providers

As companies rush to migrate onto cloud-based services, they are leaving huge gaping holes in their security landscape, Kaspersky Lab report claims. Companies are putting themselves at risk by failing to properly secure their cloud migration efforts, research has claimed. A new report by Kaspersky Lab says that 35 per cent of businesses are not sure if certain pieces of corporate data are stored on company, or cloud servers. Seven in ten businesses using SaaS don’t have a plan on dealing with security incidents. A quarter doesn’t even check compliance credentials of their service providers. Kaspersky says that businesses do have the means of putting this what it calls, cloud zoo, under control.