Security threats remain an afterthought

risk due to external threats, and 80% are likely to adopt mobile tablet usage, yet security implementation is still low, The Wall Street Journal says.

Cloud computing is a top security funding priority for the coming 12 months. In the rush to 'digitise' their businesses with new technologies and move into the increasingly borderless world of cloud computing and social media, global organisations are developing a growing gap between business needs and the ability to tackle new and complex security threats, according to Ernst & Young's 14th annual Global Information Security Survey.

Some 48% of respondents listed the implementation of cloud hosting as a 'difficult' or 'very difficult' challenge, and more than half have not implemented any controls to mitigate the risks, GlobalGold states.

The most frequently taken measure is stronger oversight on the contract management process with cloud hosting providers, Ernst & Young revealed.

According to Medical Daily, only 20% of respondents were taking stronger oversight on their cloud provider contract management processes to mitigate risks associated with cloud computing. This indicates “a high and possibly misguided level of trust”, Ernst & Young said.