Data Breach In The Cloud – 2018 Trends That IT Pros Must Think

admin | June 1st, 2018 | Cloud Security

Data Breach In The Cloud 2018 Trends

Enormous Data Breach In The Cloud

More and more companies are shifting to cloud computing and that is a word taken. But in addition to it, we are also witnessing something undesirable and that is the increasing pain of enough data breach in the cloud. The primary reason for this being the unawareness among enterprises regarding the complexities involved in securing data over cloud. Enterprises have moved at an astoundingly faster rate to the cloud and that includes the conventional businesses like banking and healthcare too, but data breach in the cloud still remains a matter of concern and this has to be addressed collectively by the enterprises as well as the cloud vendors.More and more companies are shifting to cloud computing and that is a word taken. But in addition to it, we are also witnessing something undesirable and that is the increasing pain of enough data breach in the cloud. The primary reason for this being the unawareness among enterprises regarding the complexities involved in securing data over cloud. Enterprises have moved at an astoundingly faster rate to the cloud and that includes the conventional businesses like banking and healthcare too, but data breach in the cloud still remains a matter of concern and this has to be addressed collectively by the enterprises as well as the cloud vendors.

An Uneasy Past And An Equally Upsetting Future: Data Breaches

Here comes the concerning statistics about data breaches. As per a finding, more than 99 million records were exposed in the year 2017 because of various types of data breaches. The reason that tops the list is the hacking of IT systems. Poor security, insider jobs, misplaced and stolen devices are other suspected reasons for data breaches that have taken place. The major breaches have taken place in healthcare and financial services organizations and this indicates the vulnerability of it. Of all the businesses, healthcare was the hardest hit with 31 million records stolen that accounts for more than 2% of the total and that is surely going to get carried forward in 2018 also. The financial industry was not far behind when it came to data breaches and as for the healthcare centers, even this industry will be vulnerable in the coming year. The financial institutions recorded 125 data breaches that constituted 14% of the total. The data breaches in the remaining sectors accounted for up to 6% of the total and it was up 13% from the previous year. The total number of records that were breached was significantly up by 14 million and the trend is showing no signs of coming down.

Reasons For Data Breach In The Cloud

Wrong steps in planning and deployment of cloud-based security configurations lead to data breaches. As enterprises start migrating to cloud services, it is being increasingly challenging for the centralized IT departments to manage their companies IT infrastructures. The IT departments lack in many things needed for cloud security. They are short of monitoring tools needed to detect and report on regulatory compliance and security issues. They even fall short of cloud visibility that is necessary for cloud management. Many of the IT personnel aren’t even aware of all the workloads that have been migrated to the cloud services. Here lies the pitfall; when you do not know what has been sent, then how can you expect to manage it?

Insider Breach – A Case Of Concern

When the data gets migrated to cloud, which is a shared platform, the obvious outcome of this is that the data will be available to everyone for free unless it is secured and unauthorized access is prohibited. The data on cloud has led to an increase in the number of data breach incidences by the employees and partners of the enterprise itself and that may be due to sheer negligence or intentional means. 100% of the respondents of a recent survey feel that employees are the biggest threat to data breaches. For the coming years, more of the enterprises are keen to invest in data monitoring, analytics and expertise based technology that can identify and intercept this behavior and prevent the breaches from occurring. Another reason for this negligence was that 57% reported that there wasn’t enough time for all the security measures to be implemented, while 54% reported about the depleted financial resources for security deployment. But it is a cause for worry when 74% of the companies feel that their data is vulnerable to security threats and 7% citing that they are extremely vulnerable.

Security Measures To Counteract Insider Threats

The point of the matter is that every organization will have an insider threat, be it intentional or unintentional and the effects of both cannot be negated until strict security measures are in place, like the following:

  • Background check of the employees
  • User Access control
  • Inspect user actions
  • Keep a watch on suspicious behavior
  • Train the employees on data security and access

Implementation Of CASB solutions

Deploying CASB solutions work like an extended security arm and an additional security layer over cloud usage by enterprises. These solutions work alongside cloud services, enhancing them over security parameters, and still making room for the benefits enjoyed by staff through cloud working modules.