By Umme Sutarwala - August 12, 2021 4 Mins Read
Security is a primary concern for IT, cybersecurity, and business decision-makers as enterprises continue to transfer more mission-critical applications and workloads to the cloud.
As remote working has become more common, the reliance on cloud computing has grown. Many businesses see it as a viable alternative to let their remote staff use proprietary applications and enterprise-grade tools on their personal computers or other internet-connected devices. While cloud computing has many advantages, it also has some inherent risks that might jeopardize an organization’s security and have a negative impact on its reputation and income potential.
More businesses than ever before are turning to cloud-based security technologies. Companies considering making the switch should assess a number of factors to ensure that the cloud security provider of their choice satisfies their organization’s security requirements and can sustain the appropriate security posture.
Also Read: Cloud Computing Costs Surged with More Businesses Supporting a Remote Workforce
When migrating to the cloud, it’s critical to keep these considerations in mind. Here are some of the risks of cloud computing:
The self-service on-demand capabilities of the cloud enable users to expand the extent of their allotted services. It’s worth noting that expanding the number of services offered by the agency’s cloud service provider does not need the IT department’s approval.
The ease and affordability with which PaaS/SaaS products can be implemented increase the likelihood of accessing cloud services without authorization. It also reduces network/data visibility, making it difficult for the company to secure or monitor its resources. It puts the company at risk of data theft and malware injections.
Organizations use management APIs to perform mission-critical operations such as asset/user management, provisioning, monitoring, and orchestration. These APIs can have the same software vulnerabilities as a library, OS, and other application programming interfaces.
The CSP APIs, unlike on-premise management APIs with limited inter-organization access, can be accessed by a broader audience over the internet. It greatly increases the attack surface of a company’s data, making it vulnerable to a variety of threat actors, including sophisticated and organized groups.
It allows malevolent actors to constantly monitor the vulnerable areas of management APIs and, if discovered, execute an attack to steal, damage, or misuse an organization’s cloud assets.
Another big security concern for an enterprise is the theft of cloud credentials. Threat actors can even add extra resources through CSP to amplify the impact of their attack, depending on the rights associated with the stolen cloud credentials. It can enable them to increase the reach of the target by incorporating organization admin users, CSP admins, and other important entities. By stealing the CSP admin’s cloud credentials, attackers can quickly gain access to the agency’s data.
Client admins have access to only their organization’s cloud implementations, but the CSP admin has control over various services and customers. It’s a master key for various CSP infrastructure components, such as network systems and apps.
Also Read: Addressing Cloud Computing Roadblocks that Prevent it from Becoming a Business Utility
When migrating to the cloud environment, there are a few factors to keep in mind. Organizations cannot always be vigilant or experienced enough to double-check all of the points on the security checklist.
Furthermore, an organization’s security requirements grow over time, which implies that existing protection cannot be sufficient when a company upgrades or changes its business model. To put it another way, the security net can weaken and loosen over time, increasing the number of opportunities for threat actors to infiltrate the system by exploiting new vulnerabilities.
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Umme Sutarwala is a Global News Correspondent with OnDot Media. She is a media graduate with 2+ years of experience in content creation and management. Previously, she has worked with MNCs in the E-commerce and Finance domain
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