Cloud Security: What Risks Does Your Organization Take?
Cloud Security: Cloud computing is a hot topic in the wake of the pandemic, which has proven – if it was necessary – to be relevant within companies.
The effect of this has been an urgency in migrating legacy infrastructures to the cloud, which must be done, according to a study, with 67% of organizations taking more than 50% of their workloads to the cloud by 2022 and with others, 25% moving all their applications.
Although the concept of the cloud is clear, and we know its main global providers, we reach a still unexplored terrain when thinking about cloud security.
In this regard, not without reason, most companies delegate and trust the security of their applications in the hands of these few cloud providers, which bring together more expertise, agility, and low cost in security. After all, few can rival them in this field.
However, saying that the security provided by providers is better than that of organizations is not the same as saying that the cloud is 100% secure. And organizations know this: according to the Cloud Security Report, 52% of companies surveyed consider the security risk in the public cloud greater than in traditional on-premise environments.
Securing this infrastructure is a Herculean task. And the risks associated with this centralized approach have become increasingly greater, especially when we link them to their impacts.
With that in mind, in this post, we will understand in what sense migration to the cloud can increase organizations’ cybersecurity and map possible security incidents in the cloud. Finally, we will see how organizations are dealing with such threats.
Cybersecurity Is A Growing Concern
We live under the aegis of transformation and a digital one, which encompasses digital operations, work, sales, and service. In doing so, we create convenience, intelligence, and various other benefits, but also more and more new attackable points and valuable data.
The investment in the security required for this project has also grown over time, as the risks, impacts, and costs of cyberattacks develop each year.
However, for many organizations, especially small and medium-sized ones, all the available and allocated resources in cybersecurity are still too few for their needs.
Why Cloud Security Is An Issue
The cloud is based on a network of connections concentrated in infrastructure, and its security involves securing that network and containing threats that take advantage of it. While this model has led to high-level security protocols, one failure in a key service is all it takes to see large-scale effects.
Furthermore, customers are ultimately responsible for the security of what runs in the cloud. It’s just that the legacy security tools that most maintain are not designed for the cloud environment, having limited functionality or, in the worst-case scenario, no functionality in that environment. According to the Cloud Security Report survey, this happens to 82% of organizations.
The problem becomes even greater when most organizations say they have challenges at home, such as lack of expertise (55%) and budget (46%) for cloud security.
Cloud Security Risk Drivers
Carnegie raises the following cloud risk vectors as high probability:
- Cloud misconfiguration, either by the customer or the provider;
- Lack of security keys for stored data;
- Power outages, floods, earthquakes, and any natural disasters that cause damage leading to failed backups;
- Exposing or stealing customer credentials for unauthorized access to cloud data;
- Redirection of traffic from customer cloud to cybercriminal;
- Data elimination due to misconfiguration of automated processes; and
Threats of varying types within each of the items on this list – from accidental and environmental to competitive and structural – affect different kinds of services and actors ranging from individuals to entire governments.
Cloud Security: Prevention Is Medicine
When it comes to safety, prevention is the best medicine. As far as the cloud is concerned, it is clear that any action must take advantage of the cloud providers’ support.
We have seen that, in addition, organizations are increasing investment and building expertise, both internally and from IT outsourcing. By walking together, they shield themselves even more quickly from threats and, in the event of an attack, they can act quickly in search of a solution.