Symantec Reveals Indian SMBs Reports Rogue Cloud Issues

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Symantec Reveals Indian SMBs Reports Rogue Cloud Issues 
Symantec Corporation has unveiled the findings of ‘Avoiding the Hidden Costs of Cloud 2013 Survey’. According to the survey Indian organizations are widely migrating to the cloud to gain competitive advantages around speed, agility and flexibility. Enterprises and SMBs are experiencing escalating costs tied to complex backup and recovery, and inefficient cloud storage as per another finding from the survey.
Anand Naik, Managing Director-Sales, India & SAARC, Symantec said, “ For Indian businesses cloud computing means reduced CapEx, more predictable OpEx, easier management, enhanced scalability and better disaster preparedness. However, in a rush to implement cloud, a majority of organizations in India are unwarily incurring hidden costs which can be avoided by taking control of cloud deployments while also minimizing the data control and security risks linked with rogue cloud use.” 
According to the survey, rogue cloud deployments are one of the cost pitfalls found in 89 percent of Indian enterprises and 92 per cent of Indian SMBs within the last year. As per the survey findings top rogue cloud issues for Indian SMBs include security, data protection and loss of confidential information.
Among Indian enterprises who reported rogue cloud issues, 57 percent experienced the exposure of confidential information, and more than a third faced account takeover issues, defacement of Web properties, or stolen goods or services. 
The survey revealed that two-thirds of Indian enterprises are concerned about not only meeting compliance requirements, but also proving it. However, nearly half 47 percent have been fined for privacy violations......See More

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