Cloud Technologies have transformed the way organizations work. Companies no longer need to spend huge of resources on creating and maintaining servers. Along with all the benefits of transformation to the cloud, there are some risks involved with using the cloud. Here are some of the commonly known security threats:
A data breach happens when the data is lost from the servers and lands in hands of people with malicious intent and can potentially cause reputational and financial damage to the organization whose data is lost. Imagine a financial institution losing its customer’s sensitive data. Financial institutions losing customer data is such a huge credibility concern apart from having significant legal liabilities.
Keeping an easy-to-guess password is one of the grave mistakes anyone can make, especially when they need to remember a lot of them. This issue becomes real trouble when attackers use this mistake to their advantage. They can get hold of the cloud service control panel and mess around with the settings, delete data, etc. When on the cloud the companies do not have much visibility of cloud infrastructure so they cannot respond to these threats effectively.
When choosing a cloud service provider. One should be aware that the configuration settings of their cloud service instance so that is easily managed and is done keeping security in mind. But at the same time, the services hosted on the cloud should be easily accessible by intended users. If the configuration of cloud service is not done properly then there are high chances of compromising cloud security. Also, when using Cloud services, we are dependent on security mechanisms employed by the service provider, so it is necessary to make wise decisions that are also valuable for money.
Since the data on the cloud lies on public servers. Companies have very limited visibility on the architecture used by cloud service providers. It also makes it easier for attackers to attack and gain unauthorized access to your service’s account.
API stands for Application Programming Interface. If an application uses some 3rd party API that takes data from cloud services and if those APIs are not properly configured and managed it can lead to overexposure of data which poses a threat to data stored on the cloud.
A shift to a cloud environment provides the companies scalability and flexibility in their business processes. At the same time, a cloud environment makes your business more secure and protected against cyberattacks. Be aware of these malware practices and don’t let this happen to you, your business, and your users/customers. Be proactive to stay safe from them and prevent them in the first attempt.