70% of companies storing data with cloud companies hacked or breached - Business Insider

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A 'staggering' failure to adopt basic security habits led to 70% of companies storing data with Amazon, Microsoft, or other big cloud vendors getting hacked or exposing data last year, researchers say

of 3,200 IT managers found that 70% of companies storing data with Microsoft, Amazon and other big cloud vendors were hacked or leaked data last year – often because of basic security lapses.

"It is staggering," said John Shier, a senior security expert at Sophos who worked on the report. "In many cases if all you do is turn on multi-factor authentication, a lot of attackers won't bother. That one step takes a major chunk out of your security vulnerabilities." To that point, Sophos found that two-thirds of the attacks stemmed from misconfigured cloud resources, allowing attackers to exploit weaknesses.

 

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