What is the importance of cloud application security for your business?
There is no denying the fact that
major transformations are happening in organizations these days due to the
emergence of technology. To reduce IT
operational expenditure, various organizations are opting for cloud computing
applications for security purposes. In this era of digital transformation, organizational
infrastructure must possess cloud-based applications as it will protect and address
potential threats that may hamper an organization’s productivity.
What is cloud computing
application security?
Cloud computing application refers
to the process or applications that help in protecting a company’s data and
information from malicious attacks. It also provides organizations flexibility
in migrating their data to third-party hosting providers.
As businesses are getting more
inclined towards digital transformation, they are making cloud security their
priority. In case they failed to do so, they may become a victim of cyberattacks,
which may give a blow to their financial and reputational goals. These days cyber
- attacks are getting very prominent, as malicious actors are hacking companies’
huge information and then demanding huge ransoms in return. So, to protect
themselves from these cyber attackers, an organization must install a cloud
computing application security software.
Thus, from the above facts, it has
become evident that the advantages of cloud computing application security cannot
be undermined and it should be on the top of the organization’s priority list
if they wish to run their business smoothly.
Though this software provides effective
protection against DDoS attacks, one must be cautious enough at the time of
its installation as there are certain types of security risks facing cloud
applications, some of them are mentioned below:
1. Misconfiguration: This is one of the most common risks
associated with cloud applications. It occurs when a user unknowingly or accidentally
enables access to some external data, which certain servers are not privileged
of doing. Therefore, it becomes easy for attackers to exploit organization data
to their benefit.
2. Insecure data sharing: Every organization has its own
critical and confidential data stored on its servers or cloud storage
applications. May a time, employees share this data at a high frequency,
without taking into concern the security factor, thus becoming vulnerable to
attackers.
3. account hijacking: With the evolution of technology,
even the abilities of hijackers have also developed over some time. Account
hijacking occurs when hackers steal the account credentials of an organization
and then get access to their critical information.
4. Ill-equipped staff: Certain times, due to some
financial constraints, organizations fail to hire expert staff who can manage
their security issues effectively. Even at times, they are not in a position to
upgrade their existing skills through training or workshops. This allows
attackers to exploit their information.
5. Insufficient access control: Companies working in
hybrid mode are more prone to outside attack if they failed to devise a perfect
governance policy about server access and control.
6. compliance risk: Companies must adhere to data compliance
frameworks such as HIPAA, and GDPR. Failing to do so may land them in trouble
and could cost them a lot of money. They must ensure authenticity at their
workplace and make sure that each data is fully compliant.
7. Data Loss: Maintaining proper data management system
is very much crucial for companies because a slight alteration in data access
may lead them to great trouble. There must be a password protection
system to keep the data secure.
8. Employee negligence: At times, when everything is in
place and in compliance with all the system regulations, employee negligence
poses a major threat to an organization’s security system as hackers took
advantage of employees who unintentionally circulate company-sensitive
information.
9. Outdated firewall: An organization must keep on
updating its security system on regular basis to prevent its critical
information from being exposed to hackers. A cloud firewall would prove
effective in overcoming this situation. Therefore, one must not ignore the importance
of cloud application security.
10. Unsecure APIs: Any interaction in cloud-based
applications is done via APIs, so it is very much important for an organization
to include API protection in their risk management strategy.
How cloud application
security risks can affect businesses
With the onset of the pandemic, the
number of cyberattack cases has increased widely across the globe. The reason
is the hybrid model of work culture. This has allowed hijackers to get access
to a company’s account details, which they can use for their benefit. No doubt,
cloud application security risk is a major threat to businesses not only in
terms of financial loss, but it may be turned out to be an emotional setback
for them. It can damage their brand reputation or may even lead to the permanent
closure of their business.
So, if you are looking forward to installing
a cloud application security system in your organization, you must contact
Maisha Infotech Pvt. Ltd. Their team of highly qualified professionals will
help you in overcoming all your queries and risk associated with the same.
Visit us : https://www.maishainfotech.com/
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