CLOUD SECURITY

Cloud computing offers organizations many benefits, but these benefits are unlikely to be realized if there are not appropriate IT security and privacy protection strategies in place when using the cloud.
When migrating to the cloud, organizations must have a clear understanding of potential security risks associated with cloud computing, and set realistic expectations with providers.

WHAT IS CLOUD SECURITY?

Cloud security is a set of policies, controls, procedures and technologies that should work together to protect your cloud-based applications and systems.
Every business we know of has a ton of very sensitive data in the cloud, and now that most of us have moved to a remote working model, there is more data than ever stored in cloud-based applications.
When the bulk of employees are working remotely and using a mix of personal and business devices, the “attack surface” of a company spreads even wider, giving hackers even more opportunities.

Mobile device security is of particular importance. Many companies may have some sort of monitoring and management in place for corporate-supplied computers, but very few are top of managing employee-owned mobile devices.
Referred to as Bring-Your-Own Device (BYOD), these devices are used daily to access cloud apps such as Microsoft 365 and others, elevating security risks.
In a recent advisory, CISA (Cybersecurity and Infrastructure Security Agency) revealed that hackers have been employing successful phishing campaigns and brute force logins to exploit weaknesses in cloud security practices.
Attackers deploy emails with malicious links to try and capture login credentials for cloud service accounts. The emails look legitimate as do the links, tricking employees with these sophisticated phishing schemes.
Unfortunately it often comes down to weak cyber hygiene habits in a company that opens the doors to hackers.
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WHY IS CLOUD SECURITY IMPORTANT?

As more organizations migrate their data, applications and other assets to the cloud, it becomes even more important to understand how to protect this highly sensitive business information that could potentially be exposed. 

Preventing leaks and data theft is critical to maintain your customer’s trust, not to mention the cost of a data breach, which can easily reach millions of dollars for many companies. Maintaining regulatory compliance is another reason why cloud security is so important for many industries, who must comply with strict standards or risk huge fines.

WHY IS CLOUD SECURITY IMPORTANT?

Ensure effective governance and compliance

Most organizations have security, privacy and compliance policies and procedures to protect their IP and assets.
In addition to this, organizations should establish a formal governance framework that outlines chains of responsibility, authority and communication. This describes the roles and responsibilities of those involved, how they interact and communicate, and general rules and policies.

    Audit operation and business processes

    It is important to audit the compliance of IT system vendors that host the applications and data in the cloud. There are three important areas that need to be audited by cloud service customers: internal control environment of a cloud service provider, access to the corporate audit trail, and the cloud service facility’s security.

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