Compromised cloud accounts costing businesses millions
(Image credit: Shutterstock / issaro prakalung) Compromised cloud accounts cost organizations millions each year, a new report from cybersecurity firm Proofpoint and IT security research organization Ponemon Institute claims. Part of the problem surrounds the fact that many don’t know who is responsible for safeguarding that data. At the same time, criminals are increasingly eyeing up cloud as a treasure trove of sensitive data. The average cost of cloud account compromises has gone up to $6.2 million in the last 12 months, the report says, adding that for the 600 IT and IT security pros th...