Cloud Security Threats: 2022 Edition

Aashish Yadav | July 6, 2022 | 391 views | Read Time : 2 min

Cloud Security Threats: 2022 Edition
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:
  • Create a cohesive strategy
  • Concentrate on organizational outcomes
  • 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:
  • Create reasonable policies and processes
  • Implementing multi-factor authentication (MFA)
  • Developing a security model based on zero trust
  • 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:
  • Develop an API-specific security strategy
  • Protect your API data using encryption
  • Maintain consistent control over your APIs

Spotlight

CybelAngel

CybelAngel is a cybersecurity start-up company. Our innovative solution is designed to help companies detect data leaks and technical threats in real time. Our proprietary Big Data algorithm enables us to detect threats on the Deep and Dark Web. The collected data is then automatically filtered and analyzed by our team of analysts. If the data is proven critical, alerts are quickly sent to our customers so that they can react in time. We perform real-time scans of the Dark Web, in other words, open communication channels commonly used by hackers: forums, blogs, social networks or public file hosting platforms. We identify threats that target our customers or their subsidiaries and we find the firm-specific stolen data (credit cards, logins / passwords, source codes, confidential documents).

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The Growing Importance of Cybersecurity Mesh

Article | August 20, 2022

Cybersecurity is widely adopted, with many businesses establishing a secure environment and protocols that, in theory, secure them from cyber-attack. In order to fulfill a holistic shift in the fight against online hostilities, this attitude has expanded throughout the market, with each individual being viewed as a crucial security resource. According to a Simplilearn report, cybercrime has cost the globe $2 trillion by 2019. In 2017, Cybersecurity Ventures anticipated that damage would reach $6 trillion by the end of 2021, driving a $10 billion worldwide investment in cyber-security solutions by 2027 to safeguard against these catastrophic losses. Importance of Cybersecurity Meshes in Business Penncomp stated that if your employees (work-from-home) and resources are located anywhere, your security must extend to those locations as well. If your staff or key infrastructure are placed beyond the usual security perimeter, so are your company's vital assets and documentation. Key corporate assets can now readily exist outside of companies' logical and physical borders. Your organization's security system must now be flexible enough to accommodate an employee working on your company's intellectual property from home. Only by separating policy choices and enforcement can the business security infrastructure achieve this level of flexibility. The new security tracing line will have to be redrawn around identification rather than the conventional physical or logical boundaries. This ensures that the appropriate individuals have access to the appropriate information throughout the network, regardless of where they or the information are located. This also implies that if a policy is established—say, a five-tiered information access policy for workers—the same rules will apply to information access regardless of who attempts to access it or where it is housed in the network. Closing Lines The cybersecurity mesh is a vital part of a zero-trust network, in which no device is authorized to access the network. 34% of data leaks and breaches occur within the network, making perimeter-focused security ineffective. A distributed cybersecurity mesh that uses zero trust adjusts to evolving threats and changing access demands. Real-time threat detection and greater asset protection than VPN passwords are possible. The mesh guarantees that all data, systems, and equipment are handled similarly and securely, irrespective of their network location.

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Addressing Digital Supply Chain Risks

Article | June 24, 2022

Technology is a constantly evolving landscape in which we adapt and progress year after year, much like the Moore's Law theory of processing speeds. On the other hand, cybersecurity gets more complicated and distinctive as software and hardware vulnerabilities start changing. This makes the digital environment for security professionals bigger and more complex. Digital Supply Chain Risk is one of the top seven cyber security trends for 2022, according to Gartner. Given the recent track record of successful supply chain hacks, CISOs and CIOs should not be surprised. The issue is, how can you successfully prepare your business to defend against a supply chain attack? What Are the Digital Supply Chain's Risks? Whatever definition you choose, there are a lot of threats in the digital supply chain. Physical supply chains that employ IoT, for example, are vulnerable to hacking. According to Ponemon research, although encryption is rising in areas such as freight and manufacturing, 60% of the organizations surveyed revealed partial encryption of their IoT and 61% revealed partial encryption of their IoT platforms. Threats to a company's extended digital ecosystem, on the other hand, are even more concerning. Third-party businesses in your supply chain are not your employees; they are frequently not on-site, and you cannot demand compliance as you do with employees. This is the reason for alarm; according to the Ponemon Institute's latest Cost of a Data Breach study, data breaches committed by third parties increase the cost of a data breach by an average of $207,411. Vendor information security measures are harder to verify, take longer to detect, and may take much longer to fix. Regardless of the fact that third-party information risk is a very serious concern, many companies are unprepared for a supply-side data breach. According to Protiviti's 2019 Vendor Risk Management Benchmark Study, only 40% of businesses have a fully developed vendor risk management process in place. A third of those surveyed said they had no risk management program or used an ad hoc risk management method. How Can You Keep the Digital Supply Chain Secure from Risks? Knowing your extended environment isn't as simple as it seems. While you may be aware of your suppliers, you may not be aware of theirs. You can feel helpless to check your suppliers' security procedures. If so, review your vendor management system. Traditional static third-party monitoring, like surveys, isn't adequate to safeguard your data and networks from supply chain bad actors. Static monitoring produces a snapshot of your suppliers' controls at a certain time-what if all their software is patched today, but what about tomorrow? Constant monitoring is the best method to manage third-party partnerships and secure data.

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Why Should Businesses Care About Identity Security?

Article | June 6, 2022

In recent years, several of the world's most technology-savvy businesses have experienced identity-related breaches. These occurrences have emphasized how digital identities have evolved to be both today's largest cybersecurity issue and the foundation of current organizational security. It has become evident that a comprehensive, all-hands-on-deck strategy is essential to keep ahead of attackers and make their success more difficult. Why Should Businesses Care About Identity Security? According to CrowdStrike Overwatch team analysis, eight out of ten (80%) breaches are identity-driven. These contemporary attacks often skip the conventional cyber kill chain by utilizing stolen credentials to perform lateral moves and launch larger, more devastating attacks. Identity-driven attacks, however, are particularly difficult to detect. When a genuine user's credentials have been hacked, and an adversary is posing as that user, traditional security processes and tools might make it impossible to distinguish between the user's regular activity and that of the hacker. Identity security is often seen as an organization's final line of defense. These technologies are designed to combat attackers who have escaped existing security measures like endpoint detection and response tools. Identity Security and Zero Trust: How Are They Related? Zero Trust is a security architecture that needs every user, both within and outside of an organization's network, to be verified, approved, and constantly checked for security configuration and posture before allowing or maintaining access to applications and data. Zero Trust implies that there is no conventional network edge; networks can be local, in the cloud, or a mix or hybrid of the two, with resources and employees located everywhere. Businesses that wish to implement the most robust security defenses should combine an identity security solution with a zero-trust security architecture. They must also make sure that their chosen solution complies with industry standards, such as those specified by NIST. Closing Lines Many changes are in store for 2022. Indeed, we cannot forecast all the critical challenges and subjects that will arise this year. Could you fill in some of the gaps? A robust identity security solution will provide the business with several benefits and expanded capabilities.

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The Reasons Why Cyberattack Surfaces Are Rising

Article | July 8, 2022

Increased cyber assets result in growing attack surfaces. So much so that, according to a recent Gartner analysis, the number one security and risk management trend today is attack surface growth. Businesses and security executives must update security policies and processes to prevent growing dangers when new technologies and cyber environments are adopted. Let's discuss the reasons for attack surface growth and how to rethink cyber asset protection in light of them. Reasons Behind Attack Surface Expansion The Multi-Cloud Trend Is Rapidly Expanding Modern businesses are using the cloud to stay up with digital innovation and meet market expectations. For organizations in many locations, a single public cloud provider is no longer appropriate. Choosing one that satisfies organizational demands is difficult. This simple problem-solution gave many organizations the multi-cloud trend. Gartner found that 81% of respondents use two or more cloud services. Multi-cloud is also used to maintain a vendor-agnostic approach and prevent vendor lock-in. To remain ahead of the competition, numerous vendors provide best-of-breed solutions. This is a huge benefit for multi-cloud adopters. For Ever-Growing SaaS Toolchains, Visibility Is an Issue More than 150 SaaS apps are used by companies with 1,000+ employees. Modern businesses embrace more SaaS apps to speed up their workflows. However, as SaaS adoption expands, so do businesses' attack surfaces. The following are the key reasons for SaaS security: Misconfigurations The absence of robust identity and access management system Inadequate disaster recovery planning Problems with data retention Breach of privacy and data security Inability to satisfy regulatory compliance To keep up with SaaS platforms, businesses must have scalable security and compliance policies. CAASM Automates Security Gap Identification According to Gartner, Cyber Asset Attack Surface Management (CAASM), Digital Risk Protection Services (DRPS), and External Attack Surface Management (EASM) will enable CISOs to safeguard environments against expanding attack surfaces. CAASM will help security teams in particular to: Gain insight over the cloud and SaaS cyber assets Automatically fill security loopholes. Accelerate incident reaction and clean-up Closing Lines As the attack surface rises, so does the amount of cybercrime that occurs. According to the FBI, cyberattacks have risen 400% since the pandemic began, making it essential to detect and minimize cyberthreats for business's health and future. To defend your company from rising dangers, you must detect gaps in time and adapt to the digital world. There are more targets for attackers to strike since organizational attack surfaces are constantly growing.

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Spotlight

CybelAngel

CybelAngel is a cybersecurity start-up company. Our innovative solution is designed to help companies detect data leaks and technical threats in real time. Our proprietary Big Data algorithm enables us to detect threats on the Deep and Dark Web. The collected data is then automatically filtered and analyzed by our team of analysts. If the data is proven critical, alerts are quickly sent to our customers so that they can react in time. We perform real-time scans of the Dark Web, in other words, open communication channels commonly used by hackers: forums, blogs, social networks or public file hosting platforms. We identify threats that target our customers or their subsidiaries and we find the firm-specific stolen data (credit cards, logins / passwords, source codes, confidential documents).

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LMG Security Introduces New Proactive Cybersecurity Solutions

LMG Security | September 30, 2022

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Veristor Partners with SANS Security Awareness to Deliver Employee Security Awareness Training

Veristor Systems, Inc. | September 28, 2022

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Illumio Introduces New Solution to Stop Endpoint Ransomware from Spreading Across the Hybrid Attack Surface

Illumio | September 29, 2022

Illumio, Inc., the Zero Trust Segmentation company, today announced Illumio Endpoint®, a reimagined way to prevent breaches from spreading to clouds and data centers from laptops. Hybrid work has expanded the attack surface, introducing new threats and making organizations more vulnerable, so it’s become increasingly important for employees to have secure access to applications and data wherever they are located. Unlike other Zero Trust Segmentation solutions, Illumio Endpoint lets your policy follow your teams’ laptops wherever they work, whether at home, in the office, or at a coffee shop. With Illumio Endpoint, the first device that gets infected will also be the last. Organizations are more interconnected and vulnerable in hybrid workplaces, and the attack surface is growing increasingly complex. Additionally, attacks on hybrid work environments are more expensive, costing an average of about $600K more than the global average. Even with endpoint detection and response tools in place, endpoints still get breached – according to ESG, 76 percent of organizations experienced a ransomware attack in the past two years alone. Illumio Endpoint includes: Extended visibility and segmentation policy controls for macOS and Windows devices, allowing organizations to see risk and stop attacks from spreading from laptops, workstations, and VDIs. A single, unified console to see and manage visibility and segmentation policy across endpoints, clouds, and data centers, making Zero Trust Segmentation easier, faster, and more efficient for security teams. Work from anywhere support with segmentation policy that follows the device, so organizations have the confidence that their networks are secure, and their employees can remain productive while working from anywhere. The ability to control application access so users can only reach the necessary applications from their device, not the entire data center and cloud, minimizing the organization's risk from vulnerable or compromised endpoints. "Before Illumio, we had only a slim idea of what kind of communications were running across our network. But with Illumio, we clearly see exactly what's connecting to individual endpoints. David Ault, VP of Information Security at Telhio Credit Union “The hybrid workforce is here to stay, which exposes organizations to a more complex attack surface and more risk, particularly on the endpoint,” said Mario Espinoza, Chief Product Officer at Illumio. “It’s important to have tools that can detect and respond to an identified breach, but unidentified attacks can spread throughout the organization to access critical data and assets when Zero Trust Segmentation is not in place to proactively contain the breach. With Illumio Endpoint, security leaders will gain the comprehensive protection needed to build resilience to attacks throughout their hybrid IT and as employees work from anywhere.” “Ransomware and other cyberattacks often involve end user devices somewhere in the attack chain, moving laterally on to other higher-value assets,” said Dave Gruber, Principal Analyst, ESG. “Because attackers continue to find ways in and move laterally fast, prevention, detection and response mechanisms can fall short stopping these fast-moving attacks. Containment strategies such as Zero Trust Segmentation across endpoint devices can proactively stop ransomware and other fast-moving attacks from spreading to critical infrastructure and assets, reducing risk.” About Illumio Illumio, the Zero Trust Segmentation company, stops breaches and ransomware from spreading across the hybrid attack surface. The Illumio ZTS Platform visualizes all traffic flows between workloads, devices and the internet, automatically sets granular segmentation policies to control communications, and isolates high-value assets and compromised systems proactively or in response to active attacks. Illumio protects organizations of all sizes, from Fortune 100 to small business, by stopping breaches and ransomware in minutes, saving millions of dollars in application downtime, and accelerating cloud and digital transformation projects.

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LMG Security Introduces New Proactive Cybersecurity Solutions

LMG Security | September 30, 2022

LMG Security, an internationally recognized cybersecurity consulting firm, has expanded its popular selection of cybersecurity advisory, testing, and training services with a new line of cybersecurity solutions. These solutions are designed to reduce the burden organizations face from implementing or managing cybersecurity technology, as well as create fast, easy access to skilled cybersecurity staff to augment internal teams. LMG Security is pleased to announce it now offers the following new solutions and services: Virtual CISO and Staff Augmentation: Organizations struggle to find and retain cybersecurity talent. LMG Security provides staff augmentation services that enable organizations to quickly access the specialized cybersecurity skills they need on a fractional basis. Endpoint Detection and Response Implementation: LMG Security implements and seamlessly integrates an endpoint detection and response solution that helps organizations defend against zero-day attacks, supply chain vulnerabilities, and other common cybersecurity threats. Multi-Factor Authentication Implementation (MFA): Protect against attack vectors such as phishing, business email compromise, and cross-cloud attacks with a customized MFA implementation. Password Manager Implementation: A password manager is a simple, affordable way to decrease the risk of a data breach from weak or reused passwords. LMG Security's team implements the password manager and ensures that it is optimally configured. Managed On-Demand Employee Cybersecurity Training: Get experts to design and manage your cybersecurity training for you. An LMG Security cybersecurity specialist will plan and monitor your training program to ensure your employees have the skills to be an effective "human firewall." Continuous Attack Surface Monitoring: LMG Security's team implements and seamlessly integrates a solution that scans Internet-facing systems to help organizations identify assets that are exposed or vulnerable. All LMG Security cybersecurity solutions are implemented and managed by experts who ensure that each solution follows all cybersecurity best practices and is optimally integrated with each organization's existing tech stack. "Organizations are struggling to find and hire skilled cybersecurity talent. "We make it easy for our clients by offering expert virtual CISO and cybersecurity staff augmentation services, as well as implementation and management services for key cybersecurity solutions." Davidoff continued, "IT teams are stretched to the limit at most organizations. We're excited to launch these new cybersecurity solutions that will help organizations defend against the constantly changing threat landscape." Sherri Davidoff, president and CEO of LMG Security ABOUT LMG Security LMG Security is an internationally recognized leader in the cybersecurity consulting industry. This full-service cybersecurity firm provides one-stop shopping for a wide array of cybersecurity services. Specializing in technical testing, advisory and compliance services, and training for more than a decade, the LMG Security team's security testing services were featured on the Today show. In addition, the team has published cutting-edge research on cell phone intrusion detection and banking Trojans, written books on network forensics, data breaches, and an upcoming book on ransomware and cyber extortion, and routinely speak or train at Black Hat, RSA and many other security conferences. LMG Security is privately held and headquartered in Missoula, Montana.

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Veristor Partners with SANS Security Awareness to Deliver Employee Security Awareness Training

Veristor Systems, Inc. | September 28, 2022

Veristor Systems, Inc., a trusted provider of transformative business technology solutions, and SANS Security Awareness, the global leader in providing security awareness training, today announce that Veristor has become a certified provider of SANS Security Awareness' comprehensive suite of products to enable a data-driven approach to cybersecurity training for an organization's end users. "Researchers from Stanford University found that as much as 88% of all data breaches are caused by an employee mistake. "This shows that end users are the most critical vulnerability gap in today's enterprise. Yet if properly trained, they can also be the most resilient security defense – a human firewall. Together with the experts from SANS Security Awareness we are helping customers guard their environments with an army of well-trained employees. With proven training to spot and act when suspicious activity arises, users can take an active role in preventing the growing wave of cyberattacks." Daniel Martin, Principal Security Consultant, vCISO, Veristor The SANS Security Awareness suite of dynamic multilingual computer-based training, games, phishing simulations, and engagement materials teach vital security behaviors to effectively manage human cyber risk. With different training styles to match different corporate cultures, employee comprehension levels, and learning preferences, SANS Security Awareness training equips workforces to recognize and prevent current cyberattacks, including work-from-home threats. The platform delivers valuable metrics to measure the effectiveness of each program, and customization features to tailor training to meet specific organizational needs." With some groups requiring even greater specialized training, in addition to addressing core human behavior risk topics, SANS Security Awareness also offers secure development and coding techniques, understanding NERC CIP compliance requirements, and handling Industrial Control Systems (ICS) incidents. "We are very pleased to be partnering with the cybersecurity experts at Veristor to provide the SANS Security Awareness program to their customers," said Brad Stilling, Director of Global Sales for SANS Security Awareness. "Regular awareness training is an essential activity for organizations looking to ensure security and compliance. When employees feel informed and empowered to recognize and address cyber risks, they can protect the organization. With SANS Security Awareness, Veristor customers are now better positioned to detect and prevent cyber-attacks." For organizations starting their awareness training journey, Veristor delivers a SANS Human Risk Insight assessment to identify program cost reductions, eliminate unneeded staff training, and create risk metrics to baseline and benchmark an organization's human cyber risk. The SANS Security Awareness training solutions are now offered as a part of Veristor's suite of security solutions that are designed to solve business challenges through the intelligent application of next-generation security technology. About Veristor Systems, Inc. Veristor, which recently announced a merger with Anexinet, is a leading provider of transformative business technology solutions that helps its customers accelerate the time-to-value for the software, infrastructure and systems they deploy. We do this by harnessing deep expertise in today's most advanced data center, security, networking, hybrid cloud, and big data technologies and guiding businesses to the right solutions for their most pressing challenges. And with a full suite of design, deployment, support, and managed service offerings, we work shoulder-to-shoulder with our customers at every step of their technology journey to make technology truly work for them. About SANS Security Awareness SANS Security Awareness provides organizations with a complete and comprehensive security awareness solution, enabling them to easily and effectively manage their human cybersecurity risk. SANS Security Awareness has worked with over 1,300 organizations and trained over 6.5 million people around the world. The SANS Security Awareness program offers globally relevant, expert authored tools and training to enable individuals to shield their organization from attacks and a fleet of savvy guides and resources to work with you every step of the way.

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Illumio Introduces New Solution to Stop Endpoint Ransomware from Spreading Across the Hybrid Attack Surface

Illumio | September 29, 2022

Illumio, Inc., the Zero Trust Segmentation company, today announced Illumio Endpoint®, a reimagined way to prevent breaches from spreading to clouds and data centers from laptops. Hybrid work has expanded the attack surface, introducing new threats and making organizations more vulnerable, so it’s become increasingly important for employees to have secure access to applications and data wherever they are located. Unlike other Zero Trust Segmentation solutions, Illumio Endpoint lets your policy follow your teams’ laptops wherever they work, whether at home, in the office, or at a coffee shop. With Illumio Endpoint, the first device that gets infected will also be the last. Organizations are more interconnected and vulnerable in hybrid workplaces, and the attack surface is growing increasingly complex. Additionally, attacks on hybrid work environments are more expensive, costing an average of about $600K more than the global average. Even with endpoint detection and response tools in place, endpoints still get breached – according to ESG, 76 percent of organizations experienced a ransomware attack in the past two years alone. Illumio Endpoint includes: Extended visibility and segmentation policy controls for macOS and Windows devices, allowing organizations to see risk and stop attacks from spreading from laptops, workstations, and VDIs. A single, unified console to see and manage visibility and segmentation policy across endpoints, clouds, and data centers, making Zero Trust Segmentation easier, faster, and more efficient for security teams. Work from anywhere support with segmentation policy that follows the device, so organizations have the confidence that their networks are secure, and their employees can remain productive while working from anywhere. The ability to control application access so users can only reach the necessary applications from their device, not the entire data center and cloud, minimizing the organization's risk from vulnerable or compromised endpoints. "Before Illumio, we had only a slim idea of what kind of communications were running across our network. But with Illumio, we clearly see exactly what's connecting to individual endpoints. David Ault, VP of Information Security at Telhio Credit Union “The hybrid workforce is here to stay, which exposes organizations to a more complex attack surface and more risk, particularly on the endpoint,” said Mario Espinoza, Chief Product Officer at Illumio. “It’s important to have tools that can detect and respond to an identified breach, but unidentified attacks can spread throughout the organization to access critical data and assets when Zero Trust Segmentation is not in place to proactively contain the breach. With Illumio Endpoint, security leaders will gain the comprehensive protection needed to build resilience to attacks throughout their hybrid IT and as employees work from anywhere.” “Ransomware and other cyberattacks often involve end user devices somewhere in the attack chain, moving laterally on to other higher-value assets,” said Dave Gruber, Principal Analyst, ESG. “Because attackers continue to find ways in and move laterally fast, prevention, detection and response mechanisms can fall short stopping these fast-moving attacks. Containment strategies such as Zero Trust Segmentation across endpoint devices can proactively stop ransomware and other fast-moving attacks from spreading to critical infrastructure and assets, reducing risk.” About Illumio Illumio, the Zero Trust Segmentation company, stops breaches and ransomware from spreading across the hybrid attack surface. The Illumio ZTS Platform visualizes all traffic flows between workloads, devices and the internet, automatically sets granular segmentation policies to control communications, and isolates high-value assets and compromised systems proactively or in response to active attacks. Illumio protects organizations of all sizes, from Fortune 100 to small business, by stopping breaches and ransomware in minutes, saving millions of dollars in application downtime, and accelerating cloud and digital transformation projects.

Read More

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