Cloud computing is an innovative technology that can be used by an organization of any size. It refers to the On Demand service which provides access to the server, storage, and application via the internet. It works upon pay as go basis which means a user can opt for these services when needed.
Cloud Computing is totally based on the internet which is very cost-effective rather than owning expensive hardware a user can simply enjoy plans provided by cloud computing provider. It stores user’s data on remote servers which can be accessed over the internet.
Advantage of Cloud Computing
Cloud Computing is gaining awareness at a huge rate these days. Organization rather than owning any expensive software or hardware for storing data can now outsource a cloud computing service provider which have several benefits.
Cloud computing can provide financial benefits to the user with reference to hardware costs. Instead of buying equipment, a user can easily outsource it to a cloud service provider. A large MNC can easily afford some big investment but in the case of a small business enterprise, such big investment can be minimized by the help using cloud computing services. Terminating routine workings of maintenance can free your employees to focus on important developments. An employer can also work with less staff which results in low cost.
With the increase in the cybercrime ratio over the internet, a user is more concerned about his data security. Safeguarding private information is the topmost priority a user seeks in the third-party service provider. Cloud Computing services come with an advanced security feature that assures the data security sent by the user to the cloud.
Helps in gaining competitive advantage
Gaining a competitive advantage and growing more than the rivals is the topmost goal of an organization. With the help of cloud computing, you can access the applications any time without installing the same.
Restore the Data
Cloud computing makes it easy to back up and restore the data present on the cloud. It is one of the best economical ways to restore your data virtually.
Good Storage Capacity
Cloud Computing is one of the best places to grab some extra storage with full proof security.it brings limitless storage capacity to the user. A user can easily expand its storage by paying affordable monthly fees.
Cloud computing is an innovative technological achievement nowadays. And because cloud computing continues to become a more and more heavily adopted service, it’s important to know the challenges faced by the organizations while using cloud computing service. Recently a lot of cloud computing security related issues have been discovered. Some of them will be uncovered in this blog.
Some examples of data breach may include:
Cloud computing provides advance security to its users but in case of confidential information some chances of risk are always present. And if a company losses its data to any theft it may harm the reputation of company. These risks may cause:-
- Loss of client id’s (IP) to rivals, which may impact products release and growth.
- Lack of regulatory processes that may result in monetary loss or goodwill loss.
- Data theft may lead to decrease in Market Value.
- A lot of legal and contractual liabilities and harms.
- Increase in financial expenses.
Inadequate Change of Data
When we talk about Cloud-based resources, they are highly complex and dynamic resources, in turn making them challenging to configure and hard to deal with. The traditional controls and change management approaches that we are used to are not very effective in the terms of cloud- computing. All companies should embrace and also prefer automation and employ and promote such monitoring technologies that scan continuously for misconfigured resources and address remediate the problems in real-time so to run the control smoothly.
Inadequacy of Cloud Security Architecture and Strategy Setups
Today worldwide, organizations are migrating large portions of their IT infrastructure to public cloud computing servers. One of the most-large scale challenges during this transition is the use of appropriate security architecture to withstand cyber-attacks. But unfortunately, this process is still the mystery for many organizations around the world. Data’s are exposed to different types of threat. A very big lack of understanding of the shared security responsibility model and architecture is also another contributing factor in the risks involved.
Lack of Identity, Credential, Access, and Other Key things
When we talk about Cloud computing it introduces various changes to traditional internal system of management practices that are related to Identity and Access Management (IAM). These issues are not necessarily new every time. But, there are many significant issues while using cloud computing because cloud computing can profoundly impact identity, credential and access management very severely. When we talk about both public and private cloud computing settings, CSPs and also the cloud consumers are required to maintain and manage IAM’s without compromising security issues.
Account Phishing / Hacking
The burning issue account phishing, hacking and hijacking is one of the biggest threat in which malicious attackers gain access to your account and abuse your accounts that are highly sensitive either to gain benefit or to harm you. In the cloud computing environment, the cloud service accounts and admins accounts are the accounts which are at higher risk of theft. The phishing attacks are the exploitation of cloud computing based systems which may lead your account to cause damage.
Insider Validation Threat
When we talk about Insiders threat they can be more of a big cyber-threat to organizations than commonly outside attackers, which are for the obvious reason—they’re already inside your organization. Whether they are malicious or simply clueless or careless acts of the employee, they can pose a very bigger risk since they don’t have to breach external security barriers which guard the company from out and simply being present won’t raise any red flags as they normally don’t—they’re there for a long time. But actually those threats aren’t as obvious and straight as they should be for some organizations—especially when it comes to the cloud-computing.
Doubtful Interfaces and APIs
User interfaces (UIs) and APIs allows its customer to manage and interact with cloud services efficiently. Basically, the security and the availability of general cloud computing services are fully dependent on the security of these APIs that the providers leave. Most of the poorly designed APIs can lead to misuse or in the worst case scenario a data breach which can cause huge losses. In the past broken, exposed, or hacked APIs have caused a lot of major data breaches leading to huge downfalls. The particular organizations must understand all the security necessities and requirements while building and while presenting these interfaces on the open internet.
System abuse and Unfair Use of Cloud Services
Malicious Attackers may try to use the cloud computing services and their resources to target the users of a company, organizations or other cloud providers just to gain profit or to harm and threaten you for some specific purpose. Such kind of malicious attackers can also launch or plant malware on cloud services which could lead to a massive scale of cyber-attack. And on top of all that cloud-hosted malware or a virus can also use advanced tools such as cloud-sharing tools as an attack vector to further spread it and result in a massive scale of attacks.