Is your sensitive customer data safe in the cloud? Probably not.

Many companies store their sensitive customer information in the cloud in plain text—unencrypted. It’s a disaster waiting to happen. Practically every week there are new reports of devastating security breaches that destroy customers’ trust, costing companies millions, and end careers.

When companies don’t take the proper precautions and protect their sensitive data in the cloud, it’s only a question of when, not if, a breach will happen. Here are just a few recent stories in the news.

Zappos Breach Affects 24 Million
Customers Urged to Reset Passwords, Monitor for Phishing
Online shoe and clothing retailer Zappos.com has issued an e-mail alert to more than 24 million customers regarding a newly-discovered data breach.

Epsilon Data Breaches Highlights Coud-Computing Security Concerns
The theft of email addresses from Epsilon could affect consumer trust, and organizations have to reassess the risk of outsourcing less sensitive data and processes.

Dropbox confirms security glitch—no password required
Web-based storage firm Dropbox confirmed this afternoon that a security breach allowed any password to be used to access any user account.

Twitter breach revives cloud security fears
The breach of a hosted Google Apps application used by Twitter employees has heightened concerns over the security of cloud computing

Google: Hundreds of Gmail accounts hacked, including some senior US government officials
Google said Wednesday a hacker in China obtained access to hundreds of Gmail accounts

RSA Breach
RSA had a huge breach this week. Attackers stole information for 40 million two-factor authentication accounts. And the ones affected most may be countless enterprise and cloud-based services in the public and private sector