CABA Information Series
(IS-2013-92) Into the cloud, out of the fog
This report form Ernst & Young examines the increased use in cloud services and the associated threats. Their 2011 Global Information Security Survey shows that, despite economic pressures, many respondents recognize the need to safeguard and secure data. In fact, survey respondents indicate their information security budgets are increasing. However, the survey also shows that the recognition of the challenges posed by new technologies does not always translate into appropriate actions to address that risk. The survey revealed a growing gap between business needs and the capabilities of the corresponding information security efforts. Ernst & Young believes that an effective strategic information security plan that focuses less on short-term fixes and more on a holistic approach integrated with long-range strategic corporate goals is necessary.