Extensive cloud migration can amplify the cost of cybercrime damage
by nearly $300,000, according to IBM. As more businesses move to the cloud, security issues and the logistics of housing and handling company data offsite can leave information vulnerable to any number of technical failures or storage issues.
That’s why when IT professionals, business executives, and backup administrators are shopping around for cloud storage, they report showing a preference for features like file-base recovery and technical support, according to a study conducted by Barracuda Networks
. The report also found that firms are protecting email, database, application, R&D, and even multimedia data in the cloud
While cost is a factor and received an average rating of 4.27 out of 5 within the report, it ranks lower than other issues, like ease of use and protecting data across all systems.