The document discusses the significant concerns CIOs have regarding cloud data security, stating that 70% consider it a major issue. It highlights the limitations of current EFSS solutions, such as minimal compliance control and lack of security features, while proposing an SME cloud file server as a solution that supports unified file sharing and governance for both on-premise and hosted environments. The target market includes mid-sized and enterprise businesses, aiming to secure remote data with added functionality for identity management and audit capabilities.
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