The recent spate of high-profile data breaches have shone a spotlight on data security practices around the world. In the aftermath, most of the focus has been on how EMV chip-and-pin cards and better adherence to PCI guidelines will protect businesses from the fate of Target and Neiman Marcus. But another debate is taking place regarding another solution: whether or not cloud security systems could provide better security.
Cloud security services work the same way as other cloud computing services such as Google Drive, Dropbox or Zoho. But where other services use the cloud to provide convenience, cloud-based data security uses the separation of data to provide an additional layer of protection.
Many businesses loathe handing over their sensitive data to an outside firm, but research indicates that the vast majority of data breaches are the result of low-difficulty tactics aimed at businesses and enterprises handling their own sensitive data. Verizon’s 2013 Data Breach Investigation Report indicates up to 78% of breaches - and a higher proportion of financially-motivated breaches - are made possible by low-difficulty or very low-difficulty tactics such as phishing, using stolen or guessed credentials, and brute force intrusions.
The major problem with taking a “do-it-yourself” attitude to data security is that data security is extremely complicated. Designing and implementing a security architecture is time-consuming and difficult. Hackers and data thieves are startlingly knowledgeable and well-equipped. You are at risk.
That’s where the cloud comes in. A cloud security service provider can easily segment your network to keep outside attackers from gaining access to your internal systems. From there, you need only transfer the data you want to protect to the cloud service. Data transfers are carried out using nearly-unbreakable encryption so it stays secure in transit. No sensitive data is stored in your own environment, and the data you transfer is kept in a secure data center.
Cloud security services reduces your own risk and compliance obligations. When you manage your own data security, all of the sensitive information must reside in your environment. This entails expensive compliance obligations, and you assume all of the risk in the event of a data breach. With a cloud security solution, your data is secured outside of your environment, lowering your compliance obligation and removing your systems from risk.
For businesses that want a cost-effective security solution combining robust protection with easy implementation and management, cloud-based security is a great solution. To learn more about how your business can benefit from securing data in the cloud, contact us today at TokenEx, or follow us on LinkedIn or Twitter for updates and security insight.