Top Five Cloud Computing Security Issues To Companies Globally

With enterprises totally or partially immersed in the cloud work systems, it is evident that cloud computing security issues have increased substantially.

In this article, we discuss the major top five cloud computing security issues surrounding the corporate sector globally.

Five Cloud Security Threats That Enterprises Cannot Ignore

Businesses grow and so do their data storage requirements. Cloud technology has overtaken the need for having on-premise physical data centers. But organizations need to be cautious when it is the matter of protecting their data. The cloud-based environment means that enterprises work on multiple platforms and locations and this is needed to improve flexibility and mobility. This increases productivity as the data can now be accessed from anywhere, anytime by its partners, suppliers, and employees. Moreover, cloud technology is ever-evolving with continual changes in the way in which the companies use, store, share and access data, information, applications, and workloads on the cloud. This, in turn, has given rise to a new set of cloud computing security issues as well as its challenges. Much of the enterprise data and information moves freely on the public cloud platform and there are the resources that immediately become the soft targets for malicious intruders thus severely compromising their security. Also, when the businesses grow, there is increase in the accumulation of sensitive data in the cloud, and if it is not managed properly, it may become a potential risk threat. While it is true that the major responsibility of cloud computing security lies with the service provider, it is a task that has to be shared jointly by both the service provider as well as the one who avails the service i.e., the enterprise. We all are now in a phase, where, even the enterprises have acknowledged that they need to share responsibility if their data is to remain safe and secure in the cloud. Firms have learned the hard way that paying massive amounts of money and time to the service provider for better cloud computing security is giving no efficient returns until and unless they themselves roll up their sleeves and actively pursue the security threats by employing additional security solutions.

Top Five Cloud Computing Security Issues Enlisted Below

1. Data Loss and Data Theft Cases: $3.80 million is an astonishing figure when it is the average loss that has incurred to organizations due to data breaches in the year 2017. And this figure is set to increase exponentially, given the lackadaisical attitude of the enterprises in maintaining their data in the cloud. The enterprises seriously need to put their heads together and think of a way out of this mess, if they are to secure their data and negate the data breach risks.
2. Corruption or Alteration of Data: The hacking scandals rocking the industry day-in and day-out have brought forth this important observation that no company is absolutely immune to data hacking attacks even if it is a large organization. The corporate houses need to intensify their cloud computing security if they are to keep themselves safe from the various attacks of outright thefts, damages, and malware.
3. Critical Data Being Available: The enterprises must ask themselves a question and that is “Is our organizational data secure enough?” With enterprises working on modern networks, cloud computing security has to be a crucial part of their business strategy.
4. Compliance Regulation Standards: GDPR (General Data Protection Regulation) act for the European Union has made the enterprises regulate and secure their working systems and their sensitive data lest they get punished with hefty fines and business loss. The government regulations are to be stringently followed and if the enterprises are to avoid costly penalizations then they need to augment their organizational data safety measures.
5. Audit and Documentation: Audits form an important proof that the enterprises are adhering to the stringent regulatory requirements and it is as significant as the safety measures undertaken. Periodic evidence of multiple steps taken for minimizing risks helps organizations to safeguard their data for a lifetime.

We covered up Top Five Cloud Computing Security Issues in this article. CASB Solutions can work up in the conjugation of cloud services; thus enhancing the cloud computing security bubble around the critical organizational data; thus safeguarding the confidentiality of the same, as required by the firms today.