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Major Security Risks Surrounding Cloud Computing And The Rise Of Cloud Services in 2022

Many companies are migrating their workloads to the cloud in order to improve productivity and optimize processes. A recent report suggests that almost 90% of businesses predict that COVID-19 would increase cloud usage even further. In 2021, global public cloud sales increased by 23 percent to close to $332.2 billion, up from $270 billion the previous year.

 

 While cloud computing can provide businesses with a competitive advantage, a lack of knowledge about cloud threats can also result in a company's downfall when migrating operations to cloud environments. So, it becomes significant to choose a company that provides exceptional cloud consulting services. Whether your company has already made the switch to cloud computing, or if you’re still contemplating whether it's worth the risk or not, these five common security threats of cloud computing and security steps will help you keep your cloud services safe.

Cloud computing can be vulnerable to many threats that traditional data center environments don’t face. The cloud service provider (CSP) and the company share responsibility for addressing and managing such risks. Below are 5 risks that you need to be aware of:

 

1.    Malware

 

Businesses expose themselves to cybersecurity threats when migrating huge volumes of sensitive data to a cloud environment. Companies need to be more aware of the changing cybersecurity landscape as hackers and cybercriminals become more advanced with their attack tactics. Without proper cloud security consulting, malware attacks can prove to be a massive threat to cloud security, with research indicating that as cloud usage grows, over 90% of such companies are more likely to encounter data breaches.

 

2.    Reduced visibility into network activities

 

When companies move workloads and assets to the cloud, they lose some control over network operations because the cloud service provider takes over the management of several systems. The extent to which certain duties shift to the service provider varies depending on the type of service model chosen. Cloud consulting companies can help you to choose the hybrid models that suit best according to your needs.

 

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