Cloud Security Threats, Predictions and Facts Unfolded in 2020

Pallavi Varanasi Cloud Security Expert - CloudCodes Software
  • June 27th, 2020

Top Cloud Security Threats in 2020

The major Cloud Security threats in the year 2020 that are worth highlighting from a recent report include the following:

  • Insider threats
  • Data loss risks
  • Inadequate due diligence

These Cloud Security threats are demonstrating the still-into-practice a bit of casual attitude that many firms are still having about the usage of cloud-based services and their management.

Cloud Security Predictions in 2020

  • An augmenting number of malware
  • Systems that are surrounding Cryptocurrency would be mostly under attacks
  • Data collectors would face data breaches in the year 2020 using some known attack methods. These data aggregators are breached by one of the following attack vectors:
    • The exploitation of some known vulnerability
    • Security being compromise accidentally by employee errors
    • 3rd party security compromises resulting in 1st-party breaches
    • Ransomware attacks
    • Social-engineering attacks
    • Exploiting security misconfigurations
    • The exploitation of weak practices undertaken for authentication
  • The year 2020 would be igniting a broad & polarizing debate on data privacy, which would be within the Governments, as well as among individuals.
  • Businesses of all types are equally vulnerable to thefts and hacks:

Cloud Security Facts Unfolded in Year 2020

  • There Exist Many Types of Malware: There exist many types of malware like rootkits, ransomware, spyware, adware, etc. Knowing these different types would help you play safe and stay safe.
  • Attaining In-House Cloud Security is a Tough Battle: To stay safe from any malware attacks is a never-ending job. The system is compromised in many ways. All antivirus software, as well as the protocols, need regularly updating, almost every few weeks.
  • Cloud Security Is a Topmost Priority of Any CIO: Chief Information Officers or CIOs are in charge of IT for companies. Cloud security is their chief concern. Keeping companies’ data secure is the only possible way of ensuring the businesses continue functioning. Most CIOs make decisions early in their job tenures and set up data protocols initially to avoid any malware attacks infecting the systems, and this makes security an easy catch for those companies almost ever.
  • Hybrid Systems Are Ideal for Big Firms: In Hybrid cloud systems, some amount of work is performed in the public cloud and some others in the private cloud. They were thus allowing companies to keep their critical data in air-gapped computer systems over the company’s premises. Less risky data can stay in other convenient locations. So, hybrid systems are ideal for big firms.
  • Public Cloud Is Ideal for Small Businesses: Private cloud is expensive and needs enormous physical space. To maintain such a system is not perfect for small businesses. So, using public clouds best suits them.
  • Obscurity is a Type of Security: If any 3rd parties with malicious intent do not find any info about particular business cloud setups, they won’t know how to attack them. Employees must to told not to share any information about the company’s cloud platforms with outsiders. Companies unnecessarily revealing information outside usually get attacked by hackers. Some PR activities are excellent, but security secrets and critical data must not be leaked.
  • 3rd-Party Cloud Security Is Also Possible: An excellent alternative for handling cloud security in-house is to get it done from third-party CASB vendors. There are many excellent cloud security services available out there, like CASB solutions. For many business firms, CASB solutions have proved ideal as they work on the modus operandi of imposing policies and restrictions on cloud data access. So companies can keep on benefitting from cloud usage benefits like flexibility eve after deploying these CASB solutions. Cloud Security must surely be left to professionals, as they know their job well and companies would thus get a security blanket over their work processes, while still reaping cloud benefits. CASB and cloud services go hand-in-hand to create much-needed safety cocoon for enterprises.

 

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