What are the security risks in cloud computing?

Various factors are responsible for cloud computing to be advantageous for which include improved scalability, excellent accessibility, mobility, storage etc. Cloud Computing still have security issues and are given below:

Data Loss

Data Loss is a common cloud computing risk.it is given as data that is stored on the cloud is either leaked, deleted, corrupted or misused by a user, application. It mainly occurs when critical data is in somebody’s hand, the hard disk is not working properly and software is not updated.

Hacked Interfaces and Insecure APIs

Interfaces through which we can connect to the internet for most of the cloud services as APIs and interfaces are connected to cloud services through third parties as such they can be easily attacked by hackers as they are in the public domain.

Data Breach

Data Breach is the process in which secured data is retrieved illegally in an unauthorized way as such an organization’s data is hacked by hackers.

Business lock-in

Various issues arise due to the transfer of data from one organization to another as there are different platforms for different companies so it is difficult to move from one cloud to another.

Denial of Service Attacks

Denial of Service Attacks occurs when the system receives traffic beyond the threshold to congest the server. DoS Attackers usually attacks web servers of large organizations like banking sectors, media companies and government companies. To recover from these types of attacks, we have to deal with money and time.

Increased Complexity for IT workers

Shifting, integrating and operating cloud services which are complex for IT workers.IT workers must require extra capability and skills to manage, integrate and maintain the data on the cloud.

Specter and Meltdown

It allows stealing data from computers that are currently available on it. It can run on personal computers and various electronic devices. It can store the password, your personal information such as images, emails and business documents in the memory.

Account Hijacking

It is one of the serious security risks in cloud computing where hackers can steal sensitive information regarding the cloud account which includes bank accounted-mail accounts and social media accounts to perform illegal activities.

Great list, bit you forgot about compliance violations. Source:
Inability to comply with regulatory standards is the last cloud computing risk on our list. Companies are constantly combating stringent requirements of various industry standards such as GDPR, HIPAA, PCI DSS, etc. Therefore, the best way to guarantee ongoing compliance is by monitoring who has access to the information and how exactly they can deal with data. In this regard, user access control is a crucial measure for ensuring cloud security. For instance, you can apply a zero-trust security method, implying that no one can be trusted with open system access. Instead, the access provided depends on the employee’s roles.

Cloud computing can bring many benefits to businesses and individuals, but it also comes with several security risks. Some of the most common security risks in cloud computing include the following:

  1. Data breaches: Cloud-based systems can be vulnerable to hacking and other types of data breaches, resulting in sensitive information being stolen or compromised.
  2. Insider threats: Cloud service providers and their employees can also threaten the security of your data, either intentionally or unintentionally.
  3. Lack of control: When you use a cloud service, you may not have as much control over your data and infrastructure as you would if you were hosting it yourself.
  4. Compliance: Depending on your industry, there may be specific regulations you need to comply with when it comes to storing and handling data. Cloud services may not always be able to provide the level of compliance you need.
  5. Multi-tenancy and Shared Responsibility: Cloud services are shared by multiple users and organizations, and the service provider is responsible for securing the infrastructure while the customer is responsible for securing their own data and access to it.

It’s important to be aware of these risks and take steps to mitigate them. This can include encryption, implementing strong access controls, and regularly monitoring and auditing your cloud environment. Choosing a reputable and reliable cloud service provider with a strong security track record is also important.

You can refer to www.graymatter.co.in for more details