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Cyber Insurance

Cloud Storage and Cyber Risk: What Businesses Should Know

Truscott Insurance Solutions
August 8, 2026
4 min read

Many businesses assume that moving data to the cloud hands off the security problem. In reality, cloud providers secure their infrastructure, but you remain responsible for how your data and accounts are configured and accessed.

Where the shared responsibility line falls

Providers protect the underlying systems, but weak passwords, misconfigured sharing settings, and unprotected accounts are on you. A large share of cloud incidents come from these customer-side gaps rather than a failure of the provider.

How to reduce cloud risk

Turn on MFA, review who has access, be careful with public sharing links, and understand where your sensitive data actually sits. These steps close the gaps attackers look for.

What Truscott recommends

The cloud changes your risk rather than removing it, so coverage still matters. Explore cyber insurance options or start a quote.

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