Cloud services are the most significant advance in IT since the introduction of the internet itself, and most organizations today benefit from the collaboration, scalability and cost-effectiveness enabled by the use of cloud services, according to McAfee.

With an increasing amount of sensitive data stored in the cloud, organizations are also finding challenges in managing their risk, which holds back many organizations from realizing their full potential.

McAfee surveyed 1,000 enterprise organizations worldwide and combined results with insights from billions of anonymized cloud events seen every month by McAfee’s CASB, MVISION Cloud. The results demonstrate that a wide range of organizations accelerate their business from the use of cloud services.