An Insurance Business Magazine article.
A new study from Thales has revealed that the cybersecurity of New Zealand’s businesses still leaves a lot to be desired, with 43% of New Zealand respondents having dealt with at least one cloud breach within the last year.
The 2021 Thales Global Cloud Security Study was commissioned as part of S&P Global Market Intelligence, and revealed that only 26% of New Zealand businesses are encrypting all of the sensitive data that they store in the cloud. It also reported that 51% of organisations leave the control of most or all of their encryption keys to service providers, rather than retaining full control themselves.