Quantifying Shadow Data In The Cloud

Cloud application security company Elastica today released a report with data collected from its insight into enterprises using its CloudSOC platform to offer insights into how users today are sharing data on the cloud.

The report was based on anonymized and aggregated data and offered insight into the types of data put on the cloud, how much risky shadow data is entrusted to SaaS application and analysis of the potential economic impact if these files are left unprotected and the organization suffers a breach.

According to the report, Elastica found millions of files exposed on the cloud to either compliance violations, intellectual property leaks, or other kinds of risk. When examining across organizations and compared with breach cost estimates, Elastica estimated that the average total economic impact of cloud exposures per business would equal $13.85 million.

Image Source: Pixabay.com