They assure their users that they are in control of their data – as OneDrive claims: “The security of your data is our highest priority and all files stored on Dropbox servers are encrypted.” So, what it boils down to is this question: is your valuable data capital in good hands with mainstream cloud providers? Let’s take a look at the market leaders like Dropbox, OneDrive and Google Drive to see how they measure up in terms of technical security.Īs a result of scandalous data breaches, all the providers are emphasizing their commitment to the highest security standards. And said data breaches – whether due to cyber-attacks or as a result of human error – create long-term costs and severe reputational damage for businesses.

When it comes to storing and sharing documents with cloud providers, the most important thing to be aware of is that the entire journey of data transmission from sender to recipient – if not fully covered by end-to-end encryption – holds critical weaknesses which can result in a data breach.

It is more paramount than ever for businesses to protect their data against manipulation, leakage and theft – especially since the advantages of the cloud come with considerable risks attached. That being said, no company can afford to put any of their information, much less their most sensitive data at risk.

More and more companies are increasingly storing their data in the cloud: we’re talking about secret product concepts, research results, financial data and strategy plans.

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