|Over the past decade, public cloud and private file transfer services have revolutionized the way electronic data is shared from one user to the next. Apps such as Dropbox, Google Drive, and Apple’s iCloud are wildly popular with the general public. The cloud has come a long way from the clunky floppy disks, primitive file transfer protocols (FTP), and scratch-prone CD-ROMS of the past. In the business world, cloud services are also a significant improvement from FTP and email services (email is still widely used but some providers still limit attachment sizes, which for business is a serious inconvenience).
However, the enthusiasm many people have about cloud and similar services has a pitfall: that is, the frequent and devastating breaches of security to have befallen public (for example, the hacking of celebrity cloud accounts) and private (such as the hacking of Target’s customer database last January) file services.
The fact is, many cloud services — even the private, “sophisticated” ones — are woefully underprepared for the security breaches, and that should cause concern for any consumer, casual or not. Companies, which handle millions (if not billions) of digital files, are certainly taking notice of the phenomenon.
“While cloud based file transfer services are attractive for their ease of use and deployment, many lack the necessary security, auditing and regulatory controls required by enterprises today. Companies that handle sensitive data such as financial and or health records need to carefully assess whether a cloud based solution can provide the level of protection needed while also meeting compliance requirements imposed by standards such as HIPAA (Health Insurance Portability and Accountability Act) and PCI (Payment Card Industry).” said Van Glass, CEO of JSCAPE, a leading provider of managed file transfer software.
Entrepreneur has drawn up three predictions regarding cloud-based platforms to watch out for in 2015:
As companies expand and look toward the future, they will see the need to rely on private vendors more and more as security concerns increase. 2015 will be the year of productivity concerns coupled with privacy issues.