These Cloud Vulnerabilities Will Cause Your Next Data Breach
Cyber security is a constant race between businesses and hackers in the digital world. Every new technology has potential risks that must be understood and addressed before implementation. New threats are emerging all the time and cloud computing is no different. Many types of cloud services are being used by businesses more than ever before.
In fact, according to Gartner, private cloud services will continue to grow faster than public cloud services in the next few years. However, some types of clouds are riskier than others regarding cyber security. Several vulnerabilities can expose your company’s data when using any cloud service or Software as a Service (SaaS) application.
This article lists common vulnerabilities you should know about prior to using any cloud-based system or software.
The oldest blunder in the book is setting up a new cloud resource but leaving it entirely insecure and publicly visible. Your unprotected public assets are almost certainly going to be found because hackers today frequently use automated tools to scan target networks for any exposed assets.
By 2022, nearly 50% of businesses would unknowingly or accidentally have some IaaS storage devices, networks, apps, or APIs directly exposed to the public internet. This number is up from 25% in 2018,
Fast company operations are one of the main advantages of switching to the cloud. However, access credentials are routinely distributed hurriedly and needlessly in the interest of expediency, resulting in many individuals having excessive permissions for which they have no business need for. The issue is that if any of those credentials end up in the wrong hands, attackers would then have unrestricted access to private information.
By 2023 (up from 50% in 2020) 25% of security breaches will be due to improper handling of login credentials, identities, and privileges, predicts Gartner.
Lack of Multi-factor Authentication for Privileged Users
One of the most typical cloud vulnerabilities is the absence of Multi-Factor Authentication (MFA) for users assigned to privileged administrative positions in control. Access for privileged users must be as secure and feasible in any cloud environment. A company may suffer severe repercussions if a fundamental security measure like MFA is not enabled.
It is straightforward for malicious actors to exploit privileged accounts without MFA being enabled. These accounts are vulnerable to brute force assaults due to the lack of MFA. Hackers can use these accounts to entirely disrupt an organization’s operations and steal its data because they often have high administrator permissions.
APIs, or Application Programming Interfaces, are frequently used to simplify cloud computing. APIs make it very simple to share data between other apps, improving convenience and efficiency. However, if they are not secured, this can lead to multiple cloud vulnerabilities and become an easy entry point for malicious attackers.
Threat actors can launch DDoS assaults and obtain access to sensitive company data by taking advantage of unsecured APIs while remaining unnoticed. In fact, by 2022, API abuses are anticipated to overtake other attack methods as the most popular, according to Gartner data.
If companies using the cloud do not consider limiting the dangers that go along with it, they are taking a preventable yet significant risk. The IT processes that teams use to develop and deploy applications in the cloud infrastructure must be well integrated into a company’s strict cloud security rules.
The use of cloud computing has changed how businesses and hackers operate. Both new opportunities and threats related to cloud security have been introduced. Enterprises must continuously address the dangers and difficulties associated with cloud security while implementing the appropriate security technologies to facilitate operational work.
It’s essential to understand the potential vulnerabilities so that you can mitigate them. Suppose you have any concerns about your current cloud environment. In that case, you can consult with a cloud consulting company like Protected Harbor to help you assess the risks and implement practices to avoid data breaches. Protected Harbor’s cloud security solution integrates the latest security technologies with your cloud infrastructure. Businesses can take advantage of cloud computing’s capabilities with the right technology and the help of cloud security specialists.
We have researched and created an e-book for companies looking to migrate to the cloud. This e-book helps them to understand better the benefits as well as the risks that come with cloud migration so that they can plan. Get your free copy of the e-book today!