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The Top Emerging Cloud-Based Security Threats

 
Sanjiv Cherian

Sanjiv Cherian, Cyber Security Director
Jul 20, 2023

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How prepared are you against cloud based security threats?

According to Divvy Cloud, A study they conducted from 2018 to 2019 revealed that the number of records exposed by cloud misconfigurations increased by 80%.

Online threats are becoming an inevitable part of the cloud environment. As organisations increasingly embrace cloud technology, they encounter a unique set of challenges that can put their sensitive data at risk. We are halfway into 2023 and its pretty evident that organisations face a new wave of emerging cloud-based security threats that demand attention and proactive measures. In this blog, we'll explore the top emerging cloud-based security threats, discuss their impact on businesses, and highlight some practical solutions to mitigate these risks. So, let's get started!

Understanding Cloud-Based Security Threats

What are Cloud-based Security threats? It refers to the risks and vulnerabilities that can compromise the confidentiality, integrity, and availability of data and services in cloud environments. As you know, now many organisations adopt cloud technologies, so attackers are continuously devising new methods to exploit weaknesses and gain unauthorized access to sensitive information.

The Top Emerging Cloud-Based Security Threats

  • Data Breaches: Safeguarding Your Secrets
    Just Imagine waking up to the news that your organisation's confidential data has been compromised. Scary, Isn’t it? Yes, Data breaches are a nightmare for any business. In a cloud-based environment, where data is stored remotely, it's essential to have robust security measures in place. Encryption, access controls, and regular audits are crucial to protect your sensitive information from falling into the wrong hands.
  • Cloud Misconfiguration: A Recipe for data breaches
    Cloud misconfiguration remains a major cause of data breaches in the cloud. It occurs when organisations unintentionally leave cloud resources and services exposed due to misconfigurations in their cloud environment. Detecting and correcting these misconfigurations can be challenging, but organisations can take proactive steps to avoid them. Implementing security best practices such as automated configuration management, secure default configurations, and regular configuration audits can help organisations prevent misconfigurations and safeguard their data.
  • Malware Propagation and Lateral Movement:
    Once malware infiltrates your cloud environment, it can propagate and move laterally, infecting other systems and applications within your network. This can lead to widespread damage and compromise the integrity of your entire cloud infrastructure. To mitigate this risk, organizations should implement network segmentation, strong firewall configurations, and robust intrusion detection and prevention systems (IDPS) to detect and block malware propagation.
  • AI-Based Attacks: The Rise of intelligent threats
    As artificial intelligence (AI) continues to advance, it is becoming a more serious threat to cloud security. Attackers can leverage AI to automate attacks and evade traditional security measures. To counter these evolving threats, organisations need to embrace AI-based security solutions that can detect and prevent AI-driven attacks. By leveraging AI themselves, organisations can stay one step ahead and ensure the protection of their cloud environment.
  • Supply Chain Attacks: Targeting the weak links
    Supply chain attacks have gained prominence as attackers target the suppliers of cloud services. By compromising a supplier, attackers can gain unauthorised access to the cloud environments of their customers. To mitigate this risk, organisations must carefully vet their suppliers, establish strong security agreements, and implement measures such as continuous monitoring, threat intelligence sharing, and vendor risk assessments. Strengthening the supply chain is crucial for ensuring the overall security of the cloud ecosystem.
  • Data Exfiltration: Protecting sensitive information
    Data exfiltration refers to the unauthorised removal of data from a cloud environment. Attackers can exploit vulnerabilities to steal sensitive information such as customer PII or intellectual property. To prevent data exfiltration, organizations need to implement robust data loss prevention (DLP) solutions. These solutions employ techniques like encryption, access controls, and real-time monitoring to detect and prevent unauthorised data access and exfiltration attempts.
  • Zero-Day Attacks: The Challenges of the Unknown
    Zero-day attacks target vulnerabilities that are unknown to the software vendor, making them extremely difficult to defend against. With no available patch to fix the vulnerability, organisations must adopt proactive security measures to mitigate the risk. Staying informed about the latest zero-day threats, leveraging threat intelligence feeds, and implementing robust intrusion detection and prevention systems are essential steps to safeguard against these elusive attacks.
  • Cloud Account Hijacking: Strengthening Access Points
    With employees accessing cloud services from various locations, and using different devices and networks, cloud account hijacking has become a real concern. Attackers target weak passwords, unsecured devices, or compromised networks to gain unauthorised access to cloud accounts. Implementing strong password policies, multi-factor authentication, and educating employees on secure practices are essential in fortifying access points and preventing account hijacking.
  • Cloud Malware Injections: The Silent Invaders
    Malware injections involve inserting malicious code into cloud services, which can go undetected and compromise data integrity. Attackers may leverage this malware to steal sensitive information or disrupt services. Regularly scanning and monitoring your cloud environment for malware, along with employing advanced threat detection solutions, can help prevent and mitigate the impact of these sneaky invaders.
  • DDoS Attacks: Overwhelming Your Services
    Distributed Denial of Service (DDoS) attacks can wreak havoc on your cloud-based services by flooding them with a massive volume of traffic. This can result in service disruptions and financial losses. To defend against DDoS attacks, organisations can leverage cloud-based DDoS protection services that intelligently filter out malicious traffic and ensure uninterrupted service availability.
  • API Vulnerabilities: A Gateway for Attacks
    APIs (Application Programming Interfaces) enable communication and integration between different cloud services. However, if not properly secured, they can become a gateway for attackers. It's essential to follow secure coding practices, enforce strong authentication and authorisation mechanisms, and regularly update and patch your APIs. API security tools can provide an extra layer of protection, detecting and preventing potential vulnerabilities.

Mitigating Cloud-Based Security Threats

As we went through the cloud-based security threats, now we need some proactive steps organisations can take to protect their cloud environments. To protect your organisation's cloud environment from emerging threats, here are some essential strategies to consider:

  • Use strong passwords and multi-factor authentication (MFA):
    Implementing strong, unique passwords and enabling MFA adds an extra layer of security to your cloud accounts, making it significantly harder for attackers to gain unauthorised access.
  • Keep your software up to date:
    Regularly update your cloud services, applications, and underlying infrastructure to ensure that you have the latest security patches and protections against known vulnerabilities.
  • Leverage Encryption and Access Controls:
    Utilize encryption techniques to protect data at rest and in transit, and implement robust access controls to ensure that only authorised personnel can access sensitive information.
  • Implement data loss prevention (DLP) solutions:
    Deploy DLP solutions that can identify and protect sensitive data in the cloud. These solutions can help detect and prevent unauthorised data exfiltration attempts, safeguarding your organisation's valuable information.
  • Monitor your cloud environment for suspicious activity:
    Implement robust monitoring tools and techniques to continuously monitor your cloud environment for any suspicious or anomalous activity. Prompt detection can help you respond swiftly and mitigate potential threats.
  • Have a plan for incident response:
    Develop a well-defined incident response plan that outlines clear steps for detecting, containing, and mitigating security incidents in your cloud environment. Regularly test and update the plan to ensure its effectiveness.

How Microminder CS Can Help

At Microminder CS, we understand the evolving nature of cloud-based security threats and the challenges they pose to organisations. Our comprehensive security services are designed to address the emerging cloud-based security threats and provide tailored solutions to protect your cloud environment effectively.

We offer advanced threat monitoring and detection, vulnerability assessments, incident response planning and support, and employee cybersecurity training. Our team of experts is committed to helping you navigate the complex threat landscape and create your cloud security defenses.

Conclusion

As organisations embrace cloud technologies, it is essential to remain vigilant and proactive in addressing emerging cloud-based security threats. By understanding the top emerging cloud-based security threats and implementing the recommended security measures, organisations can mitigate risks and protect their cloud environments. Don't let cloud-based security threats compromise your organisation's success. Partner with Microminder CS today to strengthen your cloud security and safeguard your valuable data and assets. Contact us to discuss your specific cloud security needs and discover how our services can benefit your organisation.

Remember, Microminder CS is here to support you on your cloud security journey. Take control of your cloud security today and ensure the safety and integrity of your digital infrastructure.

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