As companies continue to include the cloud in their overall IT initiatives – taking advantage of elasticity, scalability, interoperability and mobility – concerns around management, governance and control of data are preventing some organizations from fully embracing cloud services.

In fact, according to the recent Ponemon cloud survey, over 30% of IT and compliance respondents claim that concerns about data security have kept their organization from adopting cloud services…. And approximately half place a high priority on security when evaluating cloud providers.

For many, the benefits and the desire to migrate to the cloud in organizations seem to outweigh the security concerns.

That being said, every company’s risk tolerance is different.  Some of the variables in play that impact risk tolerance certainly include the type of information being moved and stored in the cloud, the industry (and associated compliance requirements) and of not only the company but also its business partners, as well as the specific security measures provided (or not provided) by cloud providers they are considering.

Not all cloud services are created equal.  There are absolutely great differences in the measures different providers have taken to protect information they process and store in the cloud.  A few security considerations include authentication and authorization as well as protecting data not only while it’s in transit to the cloud, but also while it remains there.

It’s no secret that more and more companies are turning to the cloud to benefit from all that it has to offer.  Subscribing to a cloud service can offer conveniences over deploying software on-premises, including faster deployment, budgeting flexibility, built-in elasticity, near-perfect uptime and it can be significantly less taxing on IT resources.

Managed File Transfer (MFT) is certainly not being left behind in this cloud revolution.  According to Gartner, adoption of MFT Cloud Services is growing rapidly and now accounts for approximately 10% of the overall MFT market.  While both on-premises and cloud markets will continue to grow about 20% annually, cloud services will become a bigger piece of the MFT pie.

Here’s a nifty graph from the Ponemon Institute’s recently published “The Security of Cloud Infrastructure” report summarizing key cloud drivers from the perspective of both IT/Security and Compliance respondents. Interesting to see that many people believe that cloud services will provide improved security and compliance efforts over doing it themselves on-premises with their resource.

So, how do you feel about cloud security?  Are you comfortable with your organization’s data being moved  into the cloud??  What cloud security measures would make you feel better???