A European survey of members of the Information Systems Audit and Control Association (ISACA) has found that 40 per cent of companies in the UK are using cloud computing systems, compared with a third of European organisations.
The survey found that a quarter of UK enterprises, and one in five smaller UK firms, are implementing cloud computing systems, even though they are not confident that the risk will be worth the reward.
"Every day we take calculated risks," said Paul Williams, strategy chairman at the ISACA.
"Organisations need an integrated risk management approach to identify, assess and prioritise risks, so that they only take appropriate gambles with acceptable consequences or level of reward. Enterprises must never crash and burn because the risk was ignored or misjudged."
There was further differentiation in the way European and UK organisations mitigate against risk, the survey found. British firms prefer to concentrate on co-ordination between IT risk management and overall enterprise risk management, while European companiees focus investment on staff risk awareness training.
In terms of risk factors, by far the biggest concern for the 1,529 ISACA members surveyed was that their employees could reveal corporate data, followed by the use of unapproved software or online services. Most companies regard social networking as low risk.
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