In the last five years, organizations have increasingly embraced cloud applications to help them innovate and transform their business. Applications that automate sales processes, HR management, collaboration, email and file sharing are growing fast and enabling organizations to meet their needs in a shorter timeframe than ever before.
Cloud applications are ubiquitously employed across all industries. However, there are increased concerns about security and compliance of sensitive information, particularly in banking, insurance and in the public sector. A wide range of regulations and privacy laws make organizations directly responsible for protecting regulated information, but when this data is stored in the cloud, they have less direct control over leaks, theft or forced legal disclosure.