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Top 5 Cloud Computing Security Threats

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Cloud adoption is one of the fastest growing elements in the IT industry. There are several benefits of cloud computing, including increased efficiency, lower costs, and greater accessibility and flexibility. As an increasing number of companies move their data into the cloud, however, it is vital that organizations understand where the greatest cloud-related threats lie. Here are some of the top security risks and challenges related with the use of cloud computing, according to the CSA (Cloud Security Alliance).

Data Breaches

Data breach is the number one cloud computing threat on the CSA list. This is because cloud computing allows multiple organizations to share and store data on their servers. As a result, cyber criminals can gain access to sensitive data like personal or credit card information.

Data Loss

The second highest threat in the cloud computing landscape is data loss—the possibility of your valuable data disappearing without a trace. It is a serious problem that can affect customer relations, as well as jeopardize your business’ compliance responsibilities. Data loss can occur for a wide variety of reasons, including malicious invaders deleting your data, human error from negligent cloud service providers, or disasters (fires, floods, or earthquakes).

Account or Service Hijacking

Account or service traffic hijacking is the third greatest cloud computing security threat. Account hijacking is a common occurrence that can put businesses at serious risk. For instance, if an attacker takes control over an account, they can eavesdrop on your activities and transactions, manipulate data, deliver false information, and redirect your clients to illegitimate websites.

Insecure APIs

Fourth on the list of cloud computing security threats are insecure interfaces and APIs. Application programming interface, or API, is used to establish, manage, and monitor services. More and more, however, attackers are exploiting vulnerabilities in APIs to gain access to organizations’ websites and networks to execute malicious activities.

Denial of Service

A denial-of-service (DoS) is an attack where hackers try to prevent legitimate users from accessing the service. While a DoS attack normally does not result in the theft of information or other security loss, it can cost a company a lot of time and money. For example, when a denial of service attacks a customer’s service in the cloud, it can damage the service without shutting it down, resulting in the consumption of a great deal of processing time. Ultimately, the customer will be billed by his cloud service provider for all the resources consumed during the attack.

Cloud computing services provide both business and technical benefits. However, the key for any business is to consider the risks associated with a cloud service and to take all the necessary steps to protect your company’s data.

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