Securing from Cloud Security Breaches

December 9, 2024
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December 9, 2024
3 minutes read
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In 2023, data breaches involving cloud-stored data, whether in public, private, or multiple environments, comprised a staggering 82% of reported incidents. Cloud environments became prime targets for threat actors, with 39% of breaches impacting multiple environments, often resulting in a higher-than-average cost of USD 4.75 million.

The prevalence of breaches predominantly impacted data stored across various environments. A significant 39% of breaches encompassed data across multiple environments, overshadowing the combined 34% attributed solely to private cloud or on-premises environments. This trend emphasizes the vulnerability of data spread across multiple cloud environments.

Explore Cloud Engineering Services to strengthen your data security and mitigate risks associated with complex cloud environments.

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Amit singh

“Amit Singh is the Chief Strategy Officer and Chief of Staff to the CEO at Altimetrik, where he drives corporate strategy, growth acceleration, and value creation through transformation initiatives. In this dual role, he partners closely with leadership teams, investors, and the board to align business strategy with sustained, technology-driven growth.

With over two decades of experience at the intersection of technology, business, and transformation, Amit brings a unique perspective on how organizations can innovate and adapt in a rapidly evolving digital landscape. His career has been defined by building high-performing teams, scaling innovative platforms, and driving organizational change to deliver lasting impact.

Before joining Altimetrik, Amit held senior leadership roles at Visa, where he led technology strategy, engineering, and product development for Real-Time Payments and the Visa Developer Platform. Earlier, he served as Chief Product Officer at a startup and spent more than a decade at Oracle, leading product and engineering teams across a wide range of enterprise software applications.”

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