Cloud Security Threats in 2020

Pallavi Varanasi Cloud Security Expert - CloudCodes Software
  • May 28th, 2020

In 2020, IT teams continue to fight cloud security battle, and cloud security threats in 2020 continued to loom over businesses, thus the need for best data guarding practices.

Cloud Security Threats In 2020 Loom Over Most Businesses

In the year 2020, the IT teams would continue to fight their cloud security battles for keeping their organizations’ cloud deployments secure. Cloud computing trends have been ever-changing in the way organizations are using, storing, and sharing data, applications, as well as workloads. Cloud has even introduced an array of new cloud computing security threats as well as challenges. If massive amounts of data are stored over the cloud, then it would undoubtedly become the main target attack for cyber criminals. For the year 2020, these challenges will only increase, and cyber thieves would find and develop various ways for attacking these so-called secured IT systems, both in & out of their cloud network. Below are some cloud security threats in 2020 that would loom over most businesses.

  • Lack of Security Responsibility: Some firms incorrectly believe the fact that, as their workloads are there in the cloud, it is not their work to protect them. However, the fact remains that cloud service providers have no such obligations to protect these user workloads or their data beyond the services detailed in their contracted service-level agreement. It precisely means that data retention, security, and resilience are chiefly the responsibilities of users only and not the cloud service providers. So, it is crucial to check the cloud provider’s model of shared responsibility and steps for cloud security. Implementing further enterprise security practices is mandatory on the part of the organization.

 

  • Malicious Insiders: This discussion about malicious insiders has always been controversial, but cannot be ruled out. So, in this case, CASB solutions work as the best tools to impose restrictions within the organization and malicious attempts within the company. Systems entrusting security entirely with cloud providers are at a much higher risk.

 

  • Inadequate Cloud Security Tools: Usually, the organizations lack inadequate cloud security tools, and thus the lapses in the system become the order of the day. Data leakages become common and hampers business efficiency in this run. Investing a little in some efficient CASB solution is suggested as these solutions can be customized as per the requirements specific to organizations, which is the best and economical way of protecting your data over the cloud.

 

  • Vulnerability with Shared Technology: Cloud providers give service scalability by sharing platforms, applications, and infrastructure. Cloud providers share products, including ‘software-as-a-service(SaaS),’ etc., without altering the existing software/ hardware at the cost of enterprise security. These infrastructural components supporting cloud services are not designed for having strong isolation powers for multi-customer applications or multi-tenant architecture, which often results in shared-technology-vulnerability that can be well exploited by all provisioning models.

 

  • Inadequate Due Diligence: Executives must acknowledge cloud technology and cloud providers while setting up their business plans and strategies. For increasing the likelihood of business success, they must create effective roadmaps and checklists for due diligence while evaluating these suppliers. Organizations adopting cloud computing quickly and choosing suppliers without due-diligence will get exposed to many risks.

 

  • Human Errors: Human element remains the weakest link in cloud security. Also, in cloud computing, this human error risk multiplies, as misappropriated/compromised credentials can play havoc with significant cloud data and application. Phishing, frauds, and other social engineering forms usually enable cyber hackers to steal these credentials and potentially hijacking cloud user accounts. Weak defense not just allows more and more attacks, but can also lead company users to make enterprise-expensive follies. There are ways to guard against these threats coming from human errors; one of the best ones is to use Cloud Access Security Broker solutions. Admin can also provide enterprise security education to users, write acceptable use policies, and can also apply some other best cloud security practices. Users are getting smarter by each passing day, and technology is also accelerating. 2020 will also see an increase in the use of many devices, so to prepare for this increasingly BYOD environment of working, organizations need some right cloud security tools in place.

 

Takeaways:

As companies have understood the significance of moving their information on the cloud to improve effectiveness and profit different advantages, the following stage includes the security of data. Information security suppliers have been creating different imaginative answers to empower the protection of client information. Besides, organizations have been teaming up with security suppliers to upgrade their abilities of information security alongside effective administration. The market for cloud security is blasting attributable to significant advances taken by associations to guarantee the security of information and inventive arrangements offered by suppliers. As per the exploration firm Allied Market Research, the global cloud security advertise is relied upon to reach $8.9 billion by 2020.

 

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