CISOs: Cloud Security Woes

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A breach in an organization’s database causes considerable damage. A data breach can cost a company millions of dollars. A recent survey by ServiceNow states that around 20% of businesses in Australia and Singapore are at risk of a data breach. Most of the dangers come from unsanctioned cloud applications.ADP. Payroll – HR – Benefits

Survey Highlights Cloud Security Issues

A mere 20% of company executives in Australia and Singapore successfully ward off security breaches. These alarming statistics indicate that most companies in both countries cannot protect their data from getting into the wrong hands.

The corporate service supplier, ServiceNow, provides these astonishing results. Oxford Economics commissioned the survey and collected data from 300 CISOs (Chief Information Security Officers) worldwide. Among them, 50 CISOs were from Australia and another 50 from Singapore.

How to Deal with a Data Breach in the Cloud

Experts discussed strategies that help them face challenges posed by severe data breach threats in the cloud in the current cyber landscape. The various data breach issues faced by CISOs in Australia and Singapore are blamed for a severe lack of secure resources. The lack of resources related to security has caused companies in both countries to suffer heavy losses. Many companies in both countries today are troubled with cloud security.

Approximately 66% of corporate security officers in Singapore and 72% in Australia cannot prioritize their alerts to highlight which data is critical. ServiceNow CISOs in Australia and Singapore turn to security automation experts to highlight this concern.

One-third of the respondents from Australia and Singapore recently used automation to improve cloud security. About 40% of the overall security processes and 66% of companies in both countries plan to have automation within the next three years.Complete Controller. America’s Bookkeeping Experts

Growth in Threat Intelligence

Tech companies in Australia and Singapore are trying to improve their threat intelligence. Today, more and more companies worldwide, including Australia and Singapore, are working on enhancing their growth in threat intelligence. Companies are collecting alerts from different security tools. They can contextualize the warnings by focusing on the critical components of their business.

Despite the automation, companies in Australia and Singapore have decided not to scale back on improving their security to reduce their troubled cloud security issues. Many skilled CISOs said that having highly qualified experts and talent retention are essential for resolving data breach problems.

Singapore More Focused than Australia

Singapore has proven more focused than Australia when it comes to talent-based goals. According to the study by ServiceNow, 90% of companies in Singapore depend upon giving their employees skills. In Australia, 80% of CISOs believe in talent upskilling to improve cloud security.

Regarding talent retention, 92% of Singaporean respondents cited the importance of talent retention. Similarly, around 76% of the CISOs in Australia believe in talent retention. Having skilled employees with considerable knowledge for companies troubled with cloud security is an essential factor.CorpNet. Start A New Business Now

Prioritizing Cloud Security Tasks

Optimizing their cloud security tasks is an essential part of improving security in companies. The criticality of the business-related information must prioritize the tasks. Critical business information must have the highest priority. With sufficient threat intelligence, gathering security experts will save essential business data before another severe cyber-attack.

Cybersecurity experts have appreciated the efforts and benefits of security automation. They have warned that it needs careful management. It requires monitoring and proper governance to manage business risks effectively. For hackers, the cloud is like a goldmine. The cloud is the first thing black hat hackers attack when targeting an IT firm. A large number of hackers steal user data and corporate data, causing maximum damage. Significant steps must be taken to resolve data breaches in cloud security.


In conclusion, the survey underscores the significant threat of data breaches in organizations in Australia and Singapore. A minority of businesses successfully prevent security breaches, indicating widespread vulnerabilities.

Companies are increasingly adopting security automation and investing in threat intelligence to address these issues. Singapore demonstrates a more focused approach to talent-based solutions, emphasizing upskilling and retention. Prioritizing cloud security tasks based on critical business information is crucial, stressing the need for skilled personnel and effective threat management.

While commendable progress is made in enhancing cloud security, it is crucial to approach measures like automation cautiously, ensuring careful management, continuous monitoring, and proper governance. As the cloud remains a prime target for cyberattacks, resolving data breaches demands proactive and comprehensive measures to safeguard user and corporate data effectively.

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