A study by Ponemon and IBM indicates that misconfigured cloud servers cause 19% of data breaches. This is an expensive problem with an average cost of half a million dollars per breach. This figure does not consider the potential PR nightmare that could take down the company.
Today the pandemic has us working at home, which makes us all more dependent on cloud computing. In addition to its other benefits, the cloud offers more modern security measures than on-premises platforms, so the Global 2000 made a quick push to public clouds. This rapid migration resulted in mistakes or oversights that have yet to be corrected, as conversion speed became more of a priority than caution.