What Are the Most Common Security Threats in the Cloud?

It is a persistent myth that cloud networks are inherently secure, and therefore there isn't much to fret over. However, the reality begs to differ since cloud networks are actually constantly at risk of the next cyberattack that could be around the corner at any time.

Cloud computing has offered businesses numerous benefits, especially during this era of WFH. However, it comes with its own set of challenges as well. On the one hand, companies are enjoying the flexibility, scalability, and reduced costs, but on the other hand, they are at increased risk of security threats that could take the valuable data apart at any given moment. That is why companies nowadays are opting for cloud security automation services to keep their networks secure and well-protected.

Most Common Security Threats in the Cloud

· Unauthorized Access

Unlike a company's internal infrastructure, cloud-based networks are outside of this safe perimeter. They can be directly accessed by the public internet, which increases the risk of unauthorized personnel gaining access to your internal network. Although this can prove to be an asset for your employees and customers, it also increases the risk of ill-intentioned people, like hackers, gaining access to your cloud-based resources.

· Misconfigured Security Settings

This huge security threat in the cloud occurs simply due to human negligence. So, even though it is entirely preventable, it tends to occur frequently and can do a significant amount of damage to your network.

A cloud misconfiguration occurs when an admin fails to properly set up your network's security. This could result in allowing unrestricted outbound access and even causing unprivileged servers to communicate within your network, wreaking havoc inside it.

Misconfigured security settings are a major issue within the cloud network, and they are reported to be increasing by 80% on an annual basis. Some great ways to prevent it are:

Ø Deploying multi-factor authentication systems

Ø Hiring cloud security automation services

Ø Using a cloud based SIEM

· External Data Sharing

The cloud's central purpose is effective and easy data sharing. Therefore, most cloud networks offer you the option of explicitly inviting a collaborator via emails, shared links, or a code to offer them access to a shared resource.

While this may sound simple enough, it also puts your business at risk of cloud security issues. Sharing links is often the preferred way of inviting collaborators, and it is also one of the easiest ways to lose control of who has access to a shared resource. The shared link can easily be forwarded to others, stolen through a cyberattack, or even guessed by expert cyber criminals, which gives them unauthorized access to the company's data and resources.

· Prevalence of Cyberattacks

Speaking of cyberattacks, it is important to note that cybercrime has now turned into a form of business of its own. Cybercriminals now set their targets based on their expected earnings, and a business's cloud network would be an ideal spot to attack for maximum profitability. Cloud-based internal or external infrastructure, if improperly secured, can easily be accessed via any public internet - leaving your company at the mercy of these professional criminals.