In today’s digital landscape, as Corps continues to develop, cloud computing has evolved and becomes increasingly essential for countless businesses and organizations. However, a lack of management can put your business at risk.
While cloud computing can set your business apart from your competitors, it is crucial not to rush without becoming well-informed of the potential risks that can have devastating results, as a lack of management of cloud computing can be your business’s downfall.
So, whether your business is jumping into the move or still on the fence about whether the shift is worth the risk, you should ensure that your cloud is secured and protected against these risks by well managing and investing in adequate protective measures to avoid cloud computing risks.
Innovation Networks is here to help by highlighting 5 top security risks your business may face due to lack of security when switching to cloud computing!
What are the security risks arising from unsecured cloud computing?
We all know that all businesses want to shift to the cloud to support their digital transformations. However, data security holds some businesses back from shifting to cloud computing.
So, to take full advantage of it, you need to make deliberate protective measures to maintain the security of your cloud environment and make sure that your cloud security is being protected against cloud computing top risks.
1. Lack of Visibility into Network Operations
Cloud computing provides infinite storage capacity, as you may widen your storage space with one click and reasonable rates.
As a result, you are moving large amounts of your workload to an internet-connected cloud environment and lifting a lot of responsibility off your shoulders to your cloud or IT services provider.
However, you forfeit a certain level of visibility into network operations. So, a lack of security may cause unexpected issues and attacks on your storage provider, like service outages or malware, which will directly impact access to your data.
To avoid this risk, your IT services provider should always provide secure encryption protocols for shared data and utilize different authentication methods to ensure that only legitimate users have access.
2. Cyber Attacks, Viruses, and Malware
The threat landscape is constantly growing, and hackers are becoming increasingly smart with their attack techniques.
So, there is no chance of negligence as any unauthorized attackers can gain access to sensitive information due to numerous factors, resulting in viruses, malware, and a loss of confidentiality, integrity, and data availability.
Fortunately, with a secured cloud and automation of critical initiatives such as continuous cybersecurity monitoring, threat intelligence collection, and vendor risk assessments, your employees can focus on more high-priority tasks instead of manually reviewing all potential threats your network may face.
3. Legal and Regulatory Compliance
Cloud computing offers your business an array of efficient and cost-effective solutions.
For example, you may access the most up-to-date software and programs at any time without having to spend time or money on installation.
On the other hand, compliance regulations and industry standards are becoming more stringent, thanks to data privacy, which becomes a growing concern.
To avoid this threat, you must ensure that your business’s data is protected and compliant with industry regulations.
4. Human Errors
Human errors are possible; however, some of these errors, like cloud misconfiguration, must be considered. As many of these successful cyber-attacks will be a result of hackers preying on the exposures of human weakness to successfully gain access to your data.
The best solution for this threat is to ask your IT Services Provider to offer training to help familiarize your employees with potential cyber threats and security risks involved with cloud computing services.
In Addition, Employees must understand the inner workings of the business environment’s data management system, especially when it comes to avoiding cyber-attacks on end users’ personal information and files stored remotely.
5. Accidental Data Loss, Leak, or Exposure
The most critical feature of cloud computing is that you can access them from anywhere and from any device. This feature ensures your business’s apps are always accessible and available for easy collaboration and sharing among employees in multiple locations.
However, as we said before, a lack of security in your cloud environment poses a tremendous threat to your system’s security posture, as it could allow a cyber attacker to access your data.
So, continuous monitoring and ensuring your cloud’s security will be your business’s life saver for guaranteeing proper cyber hygiene on an ongoing basis.
Manage your cloud computing risks with Innovation Networks’ IT Solutions
It is critical to have background checks and audits in place to assure your cloud environment is configured correctly.
Innovation Networks’ cloud security measures and IT solutions will combine the latest safety technologies with your cloud infrastructure to continuously oversee the security of your cloud solutions.
These IT solutions and security checks will identify cloud computing risks associated with your business’s data by analyzing its usage and access. In Addition, they offer easy-to-read reports of your cloud environment that analyze against numerous risk factors levels, like leaked information and network security.
Our IT solutions are considered game changers in this field. They are easy to deploy, operate and control. Hence, they will allow your business to confidently manage its cloud security environment and make data-driven decisions about security controls and ways to improve them.
Ideally, our IT solutions offer proactive cybersecurity measures that will be critical to get a jumpstart to fix inadequate data, audit user permissions, generate compliance reports on time, and ensure a successful and efficient move to your dynamic cloud environment.
With the right technology, efficient IT solutions, and cloud security experts, your business will have the power to oversee your cybersecurity posture, ensure your cloud security infrastructure is secure, and leverage the benefits of cloud computing.
Takeaway
Unfortunately, clouds and databases are goldmines for hackers, and if your database experiences a breach or attack, you will not only lose some of your business’s critical data but will also be responsible for any resulting damages.
But accepting and managing your cloud computing potential risks will always be the key to safeguarding your business against cyber criminals.
Fortunately, with good management and secured cloud computing, you can mitigate all these could computing risks, such as minimizing breaches and privacy violations and meeting compliance needs faster by taking measures to enable tighter access control over your cloud environment.
But how will you know when a new risk arises? And with more endpoints to monitor in a cloud environment that is changing quickly, what can set you apart from your competitors?
Contact Us today to understand how our IT solutions can help you manage your cloud security and data privacy risks.