4 Serious cloud security threats

Over 70 percent of the world’s business or at least a part of the business operates in the cloud. There are various benefits of operating in the cloud which includes lower fixed costs, automatic software updates, increased collaboration, the liberty to from anywhere at anytime and also higher flexibility. Although cloud security has ushered in a new age of transferring and storing data, many companies make a move without a well-planned computer security in place. Keeping the cloud security in check is a must as there are chances of serious cloud security threats. Below are listed Serious Cloud Security Threats:

• Permanent data loss

Although chances of losing your data on the cloud are rare, there have been some instances where the hackers had gained access to cloud data centers and wiped off the entire data permanently. This why it is important not to spread it across several applications, or you might even consider storing your data using off-site storages if possible. However, keeping a backup is essential as losing vital information can be devastating to businesses if they have no sources to recover the lost data.

• Data Breaches

Although saving data in the cloud is a new thing, the data can be breached in different forms has existed over the years. The data breaches can lead to the exposure of sensitive customer information, intellectual property, trade secret and other confidential data. This is the reason why it is vital that businesses implement a plan for protecting their data that is there in the cloud. One of the most effective methods to do so is to use encryption and multifactor authentication.

• APIs and hacked interfaces

Most of the cloud services and applications use APIs to communicate with other cloud services. As the former structure of APIs is to provide better security service, it also does increase its security risks. The risk of getting hacked increases when businesses grant third party access to the APIs. In some cases, it can also lead to the loss of confidential information relating to their clients, products, etc. Due to these constant computer security threats, it is needed to perform thorough code reviews from time to time to ensure that there aren’t any gaps in your computer security.

• Denial of service (DOS) attack

DoS attacks threatening computer network security for several years have recently become more prevalent due to the increased usage of the cloud. These attacks not only affect the processing power but also affect cloud availability and speed. Once it happens, there is nothing that can be done regarding the computer security except to wait. Some of the common ways of launching DoS attacks are using computer resources to break an encryption key or sending spam and phishing emails or even hosting malicious content. Hence, it is essential to guard the computer security and to have planned email security solutions in place. These attacks may even lead to a significant financial loss as you might have to pay for the additional load brought on by the attack. The amount financial loss, however, depends upon the severity of the attack.