"While a number of organisations are now implementing strategies for Cloud computing security and compliance, we still have a way to go in certain areas, mainly because a lot of organisations still do not know where they have Cloud implemented across their business," he said.

As people are moving to make much more use of technology such as smartphones and tablets, loss of equipment along with the potential distribution of malware will lead to an increased risk of business information loss and fraud.

Durbin added that all four of these problems could be addressed if companies increased user and security awareness.

"We've been trying to do that for a number of years now so there is opportunity for the security awareness program people to continue to do their work," he said.