The worldwide cloud services industry is expanding as enterprises around the world continue to embrace cloud technologies. Cloud computing is estimated to reach 947.3 billion by 2026 (Yahoo), growing at a CAGR of 16.3%. But, for all of the advantages the cloud brings, there is a catch: cloud security risks.
According to a survey by ISC2, 93% of businesses are concerned about the risks connected to cloud computing. Is this to say that the danger outweighs the reward? No, not at all.
Let's look at some cloud security threats to watch out for in 2022, as well as how to develop a cybersecurity policy to safeguard your data while reaping the benefits of cloud computing safely.
What Security Issues Can Organizations Deal in 2022?
Cloud Strategy
One of the most crucial security threats for companies is their ability to design and maintain a cloud strategy plan efficiently. Your business is likely to face fragmentation if cloud and security environments are not aligned with business strategy, which can have a detrimental impact on overall operations and business management.
How to Mitigate This Risk:
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Create a cohesive strategy
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Concentrate on organizational outcomes
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Update your cloud security strategy periodically
Unauthorized Access
Access management is a major challenge to cloud security since it includes private data. Businesses of all sizes are concerned about employees openly sharing data with unauthorized personnel or external third parties, deliberately or accidentally.
Additionally, some users with weak passwords or no authentication are more prone to having their data compromised. Ineffective passwords cause almost 80% of data breaches, according to Verizon.
How to Mitigate This Risk:
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Create reasonable policies and processes
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Implementing multi-factor authentication (MFA)
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Developing a security model based on zero trust
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Making use of real-time access data
Insecure APIs
Many cyberattacks, particularly denial of service (DoS) cyberattacks, are done using application program interfaces (APIs). According to Gartner, API assaults will become the most common attack vector in 2022.
How to Mitigate This Risk:
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Develop an API-specific security strategy
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Protect your API data using encryption
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Maintain consistent control over your APIs