Cloud computing relies on sharing of resources to achieve coherence and economy of scale, similar to a utility. Cloud computing is delivery of services like servers, storage, databases, networking, software, analytics and more over the Internet. The companies that provide these services are know as cloud providers. One of the most essential question that we ask ourselves is “ why switch to cloud ? “ . There are multiple advantages of cloud computing with some of them being Document control ( All of the files are stored centrally and is visible to single source to everyone on the cloud) , Work from anywhere ( It provides an opportunity to work from anywhere provided you have a possible internet connection ), Security, automatic software update system, Flexibility and also disaster recovery. With all of the benefits that are provided by cloud there are multiple disadvantages too, Mainly the security risks that come along with this service. These security risk are mainly due to weak security measures that are undertaken in order to protect the cloud data ( Lack of encryption, Multi-factor authentication, Multi-password systems, Open cloud sharing without authorization etc. ).
Security Risks of Cloud Computing
Most of the organisations these days store their sensitive data in the cloud and this sensitive data is now vulnerable to multiple threats , In case of a breach in the cloud system the cyber criminal can gain unlimited access to these sensitive documents and with this sensitive data in the hands of cyber criminals we cannot expect anything less than a disaster. When considering the inter-system faults we have to pay a great deal of attention to the problems of malware infection that unleash an attack on the cloud data. Cyber criminals these days use the method of data sharing in order to spread the attack ( The malware content is included in videos , twitter tweets , linked documents etc. )
Hijacking of Accounts
One of the major issues of the cloud service is account hijacking.Attackers now have the ability to use your (or your employees’) login information to remotely access sensitive data stored on the cloud and attackers can falsify and manipulate information through hijacked credentials. Other methods of hijacking include scripting bugs and reused passwords, which allow attackers to easily and often without detection steal credentials.
Abuse of Cloud Services
the cloud’s unprecedented storage capacity has also allowed both hackers and authorized users to easily host and spread malware, illegal software, and other digital properties.
The vulnerability of an API lies in the communication that takes place between applications. While this can help programmers and businesses, they also leave exploitable security risks. A popular and simple example of an API is YouTube, The vulnerability of an API lies in the communication that takes place between applications. While this can help programmers and businesses, they also leave exploitable security risks.
Data on cloud services can be lost through a malicious attack, natural disaster, or a data wipe by the service provider. Losing vital information can be devastating to businesses that don’t have a recovery plan.
Denial of Service Attacks
Unlike other kind of cyber attacks, These are launched to establish a long term foothold and hijack sensitive information, denial of service assaults do not attempt to breach your security perimeter. Rather, they attempt to make your website and servers unavailable to legitimate users.
Malware injections are scripts or code embedded into cloud services that act as “valid instances” and run as SaaS to cloud servers. This means that malicious code can be injected into cloud services and viewed as part of the software or service that is running within the cloud servers themselves.Once an injection is executed and the cloud begins operating in tandem with it, attackers can eavesdrop, compromise the integrity of sensitive information, and steal data.
By being aware of above security concerns, your technical team can build a cloud security strategy to protect your business.