PwC finds UK companies not checking up on cloud security: Big4.com reports

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Only 38% make sure data is encrypted.

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Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers, PwC reports on new PwC research showing many UK companies aren’t checking on the security of their data held by third parties offering cloud computing services.

The 2012 Information Security Breaches Survey (ISBS) written by PwC in conjunction with Infosecurity Europe and supported by the department for Business, Innovation and Skills, found that three-quarters (73%) of organisations are using at least one outsourced service over the Internet, but only 38% of these ensure that data being held by external providers is encrypted.

As well, more than half (56%) of small businesses rely on contracts and contingency plans rather than carrying out any checks on their external providers’ security.

Chris Potter, PwC information security partner comments:
“The Internet continues to facilitate more sophisticated business relationships. Businesses are putting their faith in third parties to take care of their data but many are taking a laissez faire attitude to the security element,” he said. “Not only are they often completely leaving the security controls to third parties, they are not actually checking what controls those third parties have in place. “

Around a quarter of large organisations and one-fifth of small ones have confidential data hosted on the Internet with cloud services used for website, email and payment service provision. Among these are half of organisations of national importance, such as financial services, telecommunications and utilities.

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Kristy Short
Big4.com
(734) 481-0186

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Big4.com
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