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Challenges of Online File Storage and Sharing for Enterprises
Nowadays online storage is widely used by many businesses as an alternative to traditional local off-site storage for its benefit of convenience and scalability. However, there are many factors that should be taken into consideration while choosing the right online file storage solution.
The biggest concern of online storage for businesses is security. The use of online services such as Google Drive, Dropbox, and Microsoft OneDrive require companies to provide control of sensitive data to third parties. The data is typically taken outside of the company’s IT environment, leading to potential leakage of internal data.
According to a Ponemon study, 60% of organizations have employees that frequently put confidential files on online-based services without permission. In fact, IBM has even completely banned the use of these services.
Companies are justifiably worried that data is at risk of being viewed or mishandled by third-party providers. Since the cloud is a multi-user environment, wherein all the resources are shared, a proper segregation between tenants is not always guaranteed.
Even with additional security, internal company information is still susceptible to hacks or leaks in the process of file transfer.
In 2019, on average, every employee had access to 17 million files and 1.21 million folders (Varonis). According to IBM's Cost of a Data Breach Report , the average total cost of a data breach is $3.92 million and moving in an upward trend. Therefore keeping cloud data secure and compliant can be said to be business’s first priority.
Businesses worry that migrating their data to the cloud not only will put them at security risk, but also compromise their industry-specific compliance requirements.
Especially when it comes to the more heavily regulated or security-conscious fields, companies often want to make sure they have first hand control over the regulation of their data. In heavily regulated industries, keeping the information on hand can often mean the difference between being in or out of compliance with federal or industry-specific regulations.
After migrating their data onto the cloud, organizations often struggle with permission control.
Most online storage solutions do not offer a central management option for companies. This makes it challenging to have a centralized credential and access policy such as who can access what file, where someone can login, IP range to login, etc.
Triofox eliminates the common drawbacks of remote file server access and folder sharing solutions and provides the best of both worlds – the security and control of local file servers combined with the efficiency and productivity gains of online folder sharing and file sharing over the Internet. It is a private online storage solution that you own!
Triofox eliminates the common drawbacks of traditional file server access and online file sharing solutions and comes with the following benefits. It is a private storage solution with online storage features.