Is the Cloud really risk-free?

The Cloud presents plenty of benefits that make it a very attractive choice, especially for SMBs who don’t want to be burdened with higher in-house IT costs, putting your data in the Cloud is not risk-free. Just as storing data on physical servers has its security threats, the Cloud presents certain security concerns as well. These include

Data breach: A data breach is when your data is accessed by someone who is not authorized to do so.
Data loss: A data loss is a situation where your data in the Cloud is destroyed due to certain circumstances such as technological failure or neglect during any stage of data processing or storage.
Account hijacking: Like traditional servers, data in the Cloud could be stolen through account hijacking as well. In fact, Cloud account hijacking is predominantly deployed in cybercrimes that require entail identity thefts and wrongful impersonation
Service traffic hijacking: In a service traffic hijacking, your attacker first gains access to your credentials, uses it to understand the online activities that happen in your domain and then uses the information to mislead your users or domain visitors to malicious sites.
Insecure application program interfaces (APIs): Sometimes, Cloud APIs, when opened up to third parties, can be a huge security threat. If the API keys are not properly secured, it can serve as an entry point for cybercriminals and malicious elements.
Poor choice of Cloud storage providers: A security lapse from the Cloud storage provider’s end is a huge security concern for businesses. It is very important to choose a trusted and experienced Cloud service provider who knows what they are doing.

Apart from the above, there are some common threats that apply to both the Cloud and traditional data storage environments such as a DDoS attack, or a malware attack where your data in the Cloud becomes susceptible because it is being shared with others and at other places.

Some Cloud security mechanisms that SMBs can invest in to keep their data safe

Cloud firewalls: Much like the firewalls you deploy for your local IT network, Cloud firewalls work to prevent unauthorized Cloud network access.

Penetration testing: Penetration testing is a sort of a Cloud security check where IT experts try hacking into the Cloud network to figure out if there are any security lapses or vulnerabilities that could serve cybercriminals.

Obfuscation: In obfuscation, the data or program code is obscured on purpose such that the system delivers unclear code to anyone other than the original programmer, thus mitigating any malicious activity.

Tokenization: Tokenization is the process of replacing sensitive data with unique identification symbols that retain all the essential information about the data without compromising its security.¹

Virtual Private Networks (VPN): Another, more commonly used mechanism is the VPN. VPN creates a safe passage for data over the Cloud through end-to-end encryption methodology.

Investing in a good Cloud security system is a must, but, in the end, you also need to remember that Cloud security is not only about antivirus software, firewalls, and other anti-malware tools. You need to pick the right MSP and work closely with them to implement a Cloud security solution that works for you.

¹https://searchsecurity.techtarget.com/definition/tokenization

Things to consider before switching to the Cloud

More and more businesses are switching to the Cloud to store their data and rightly so. The Cloud offers numerous benefits over the traditional, physical on site server. For example,

Anytime, anywhere access to your data: Information in the Cloud can be accessed from anywhere using an internet connection, unlike in the case of traditional servers, where you need a physical connection to the servers
Significant cost savings: You cut hardware costs, because the Cloud follows a ‘pay-as-you-use’ approach to data storage
SaaS compatibility and support: The Cloud allows the use of Software-as-a-Service since the software can be hosted in the Cloud
Scalability: The Cloud lets you scale up and down as your business needs change
24/7 monitoring, support, and greater access reliability: When your data is in the Cloud, the Cloud service provider is responsible for keeping it safe and ensuring it is securely accessible at all times. They monitor the Cloud’s performance and in the event of any performance issues, they provide immediate tech support to resolve the problem

Your big Cloud move: What to consider

If you are considering moving to the Cloud, you will find it helpful to sign-up with an MSP who is well-versed with the Cloud. They can advise you on the benefits and risks of the Cloud and also offer the Cloud solution that’s right for you. In any case, before you migrate to the Cloud, make sure you are dealing with a reputed Cloud service provider who has strong data security measures in place. You can even explicitly ask them what security mechanisms they have invested in to manage data access and security.

Yes, moving to the Cloud has it benefits, but it also has its challenges including security risks. Learn more in our next blog, “Is the Cloud really risk-free?”