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CYBERhythm

Is Your Cloud Holding You Back?

Cloud computing has transformed the business landscape and you are likely already a user. The prevalence of the cloud in the business world owes to the fact that it is cheaper, more flexible and more efficient than on-premise servers.

Cost-Effectiveness

Businesses, especially small and medium-sized companies capitalise on the cost-effectiveness of cloud computing as it reduces the need to invest in costly hardware. Heavy upfront payments are usually required when setting up in-house servers to run and store company data. Using the cloud allows files and other assets to be stored on the internet and only requires a lower upfront licensing cost.

Flexibility

Cloud usage also allows company operations to be carried out anywhere. With data stored on the internet, employees just need the proper credentials and an internet connection to access company files. Furthermore, data is synced throughout the devices that are connected to the same cloud, allowing everyone to be up to date with the latest information. This facilitates telecommuting and thus makes business processes more flexible and less prone to disruption.

Efficiency

Efficiency is another factor that comes into play when it comes to cloud computing. With employees being able to access information instantly on any device, work no longer has to wait for one to be back in the office for it to be done. Moreover, many CRM platforms and productivity applications are based on the cloud, thus, adopting these services will optimize operations and push companies to greater heights.

Cloud Security Undervalued?

With the prevalence of cloud computing, cloud security is something businesses ought to start paying attention to. If you are currently using cloud services, here are some cloud security facts you should know.

Cloud security is your responsibility

Many cloud users have the idea that keeping data secure in the cloud is the job of the cloud provider. According to CISO MAG’s Cloud Security Survey, 76.36% of respondents felt that cloud providers are entirely responsible for the security of the cloud [1].

Well, let us tell you once and for all that no, that is not the case.

Talks of the “shared responsibility model” has been increasingly brought up in the cloud security sphere. This model highlights that cloud providers only cover application and infrastructure security while users should be responsible for securing access and protecting themselves from data breaches via internal or external threats. Cloud providers have no control over how you use their services, thus, you must employ extra security measures to protect your assets.

Cloud breaches are far more common than you think

The 2019 Cloud Adoption and Risk Report states that the average organization experiences 12.2 compromised account threats in the cloud per month [2]. Another survey from cloud security firm Ermetic puts forth that four in every five companies have suffered from at least one cloud data breach in the past year and a half[3]. This data emphasises how crucial it is for organisations to beef up their cloud security as everyone is vulnerable to threat actors. Leaving your assets unprotected is an invitation for trouble that is potentially destructive for your company.

Being extra careful won’t really help

Some people might think “ Well I’ll just be stricter with access rights and monitor suspicious activity more closely”. Although this does lower your chances of experiencing an attack, it is not enough. Employees generally access company data on multiple devices and at various locations. This exposes your assets to a variety of external threats as devices can contain viruses and some WIFI networks are unsecured and are a security threat. All these are out of your control and hard to manage. Moreover, poor visibility in the cloud makes it hard to identify when your sensitive data is vulnerable. This is backed up by the poll done on 300 CISOs which reports that 80% of businesses are unable to identify excessive access to sensitive data in IaaS and PaaS environments [4]. Hence, it’s a good idea to invest in cloud monitoring services to keep your assets safe.

What Can Cloud Monitoring Do For Me?

Cloud monitoring services supervise your cloud environments and constantly scan your data for any suspicious activity. This helps to keep threats at bay and maintain the smooth running of your cloud.

Cloud monitoring services are also compatible with multiple cloud providers. This provides comprehensive security coverage of all your cloud data and allows you to assess the security status of your assets at a glance. Additionally, suspicious activity is brought to your attention via threat alerts in real-time. This allows you to resolve the issue and ensures that no threats slip through your fingertips.

Lastly, some monitoring services help you in meeting compliance requirements, ensuring that your security measures are continuously up to standard.

Keeping Your Cloud Safe

Cloud computing helps many businesses improve operations and grow. However, a cloud security breach can be the very thing to tear down all those years of hard work. Prevention is always better than cure when it comes to cloud security. As such, stop relying on the “security measures” your cloud provider supposedly grants you and start taking action. Implement cloud monitoring into your cloud and start taking cloud security seriously.

At CYBERhythm, we understand what is expected from a cloud monitoring provider. Check us out at: https://cyberhythm.cloud