As companies continue to move to the cloud, some companies are benefitting more than others, according to PwC’s annual Digital Trust Insights report.

Just over a quarter (27%) of global CFOs in the survey said they had experienced a data breach in the past three years that cost their organisation more than $1m (£800,000), the PwC research found.

Nearly eight out of 10 (78%) of corporate bosses said that cloud had been adopted in most or all aspects of their business.

However, around 39% expected cloud-based risks to significantly affect their organisations throughout the year, more so than cyber risks from other source such as laptop endpoints, web applications and software supply chains.