Cetrom in CPA Practice Advisor: Traditional Security Versus Cloud Security: A Comparison

Christopher Stark, Cetrom’s president & CEO authored piece featured in CPA Practice Advisor on December 3, 2019.

Businesses of all sizes are adopting the cloud as a way to optimize productivity, increase efficiency, and improve data security.

According to Forbes, via cloud stats from ​LogicMonitor’s Cloud Vision 2020: The Future of the Cloud Study​ report, “83% of enterprise workloads will be in the Cloud in 2020.” A new report from Emergent Research and Intuit​Ⓡ​ projects that 80% of small businesses will be fully adopted to the cloud by 2020. (Source: Firm of the Future)

Cloud computing​ is rapidly becoming the rule rather than the exception. However, IT executives and companies of all sizes continue to cite concerns about cloud security as a major obstacle to adoption. In fact, according to ​Forbes​ and the LogicMonitor report, 66% of IT professionals state security is their greatest concern with adopting a cloud strategy.

So what gives?

The cloud has quickly been demystified and become standard practice, yet security concerns still linger and are an impediment to broader adoption of cloud hosting and services. With the sheer number and complexity of ​data security threats​ out there, IT professionals have every right to be concerned about cybersecurity. However, mistaking the cloud as less secure than traditional security methods is more a product of fear of the unknown than reason.

To help debunk cloud security concerns, we’ve compared cloud security and traditional security across three key categories.

Read full article here.