Cloud Computing Security Risks and Vulnerabilities

Cloud computing is used by virtually every modern business to some degree. Cloud applications make file sharing and storage faster, simpler, and more secure.

But it’s important to remember that cloud technology does not come without its risks, which have been made evident by several recent attacks and breaches, which have reached even large enterprises.

Hackers can exploit cloud security in a number of ways that lead to a complete compromise of the system’s security. How can companies gain the benefits of cloud computing technology while still maintaining data security?

What Are A Few Risks of Cloud Computing?

Unfortunately, a fool-proof way to fend off hackers is yet to be invented. For now, it’s critical that businesses understand the risks that face their networks so they can learn the best security practices to have in place to mitigate those risks.

  • Data breaches
  • Vulnerability exploits
  • Data loss
  • Compliance Violations

Cloud Security Breaches & Data Loss

In cloud computing, users’ information and data are stored on a cloud server and are accessible through the internet. Hackers can exploit hosting vulnerabilities or app vulnerabilities in order to steal data.

Unexpected outages and disasters can also lead to major data loss—and major money loss—within a company. Unprotected systems are left vulnerable to non-compliance fines and the other consequences that come with data loss.

To prevent data loss, users should ensure security features like data encryption exist for their cloud applications. Businesses should also implement multi-factor authentication to secure their accounts and prevent password breaches. Additionally, businesses should implement a Backup and Disaster Recovery Plan to ensure that all your data is regularly backed up and accessible. 

Cloud Vulnerability Exploits

Just like traditional computer software, cloud applications are only as secure as the application security vulnerabilities that exist in them.

The best way for cloud users to prevent security risks is by patching security vulnerabilities. In addition to patching known security vulnerabilities within apps, users should ensure they have the latest available patches from their cloud providers. It’s important to work with a service provider who can monitor your systems 24/7/365 and patch new vulnerabilities as soon as they appear.

Cloud Compliance Violations

Cloud computing is a cost-effective solution, but it can actually lead to significant cost damages if your solutions aren’t meeting compliance regulations.

To avoid non-compliance fees and other consequences, it’s important to work with a hosting provider that understands your governance requirements and how to achieve them. Properly storing, sharing, and securing your customers’ data according to your industry regulations is a crucial aspect of successful cloud computing.

Other Ways to Protect Your Business’s Cloud Applications

There are several additional ways you can ensure your cloud applications remain secure.

  1. Use Secure Cloud Platforms:  One way users can protect their cloud applications is by utilizing platforms that are designed with advanced security in mind—knowing what platform security risks exist, and knowing how the platform mitigates them.
  1. Assess Workloads: Companies that use cloud computing for certain workloads should take into account the workload security risks associated with their specific business. By doing so, companies will be able to implement solutions architecture that incorporate security measures that effectively adapt to their cloud workloads.
  1. Cloud Application Security Testing: One of the most effective security measures to protect against cloud app attacks is application security testing. By using application security testing, cloud users can ensure they are using applications in a secure hosting environment.

Ascent Data’s cloud services integrate the latest in cloud technology with your IT infrastructure. Businesses in all industries can benefit from cloud computing technology with the right solutions in place.  If you are interested in learning more about Ascent Data’s cloud services or getting a free cloud security consultation, contact one of our experts at Ascent Data.