16 per cent of businesses say that they have experienced problems with their cloud provider, according to a new study commissioned by Barracuda.
Of this group, 42 per cent said that their cloud-based data was not secure, 40 per cent said that it had not been available when needed and 37 per cent said their cloud provider had actually lost their data.
Interestingly, 53 per cent of companies said that they were likely to trust a security vendor with their data, while only 23 per cent believed a storage vendor was capable of keeping data safe. Meanwhile, 89 per cent of respondents said that they valued their cloud provider's security credentials.
14 per cent of UK organisations are "all-in" when it comes to the cloud, while 61 per cent store less than half of their data in the cloud, and a surprisingly large 18 per cent still completely ignore the technology.
Of the first two groups, 30 per cent are concerned about the security of their data and 17 per cent say they have experienced issues with their cloud provider.
"Businesses are under no illusion that if they're going to put sensitive data into the cloud, security must be at the top of their agenda," said Barracuda EMEA general manager, Wieland Alge.
"The most trusted cloud providers will be those perceived as having the most secure credentials - credentials that can be earned by the integrity and reputation of the technology brands these providers use to protect their customer data."
The study, which involved over 900 businesses from Europe, North America and Asia, was carried out by research firm Easy Insites.