Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Stock

3 Cloud Computing Risks to Consider When Taking Your Business Digital

by
February 15, 2023
in Stock
0
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

60% of all corporate data is now stored in the cloud. This offers businesses numerous benefits over on-premises software, including lower IT costs, improved agility, and enhanced scalability.

However, moving away from on-premises IT is no mean feat. In addition to the time and money involved with migrating data to the cloud, another massive consideration with embracing cloud computing is the potential security risks you expose your business to.

Here are a few you should know about and useful ways to combat them.

1.    Having too many cloud tools

As the saying goes, sometimes less is more, and this applies to the number of cloud tools in a business’s arsenal — particularly when it comes to SaaS. Having too many in operation is known as SaaS sprawl, which occurs when an organisation’s SaaS stack consists of a large — and often unmanageable — number of applications.

Not only does SaaS sprawl result in a larger attack surface, but makes it more difficult for IT and security teams to identify security risks or ensure regulatory compliance.

Some of the best ways to deal with SaaS sprawl include:

Rationalising your application portfolio by assessing each app within it, enabling you to make informed decisions about which tools to keep or terminate.
Centralising the procurement process so any prospective purchases can be assessed by those with visibility of the entire SaaS stack.
Thoroughly training staff, as this makes them much less likely to buy their own SaaS tools.

2.    Misconfiguration of cloud security settings

Another major cause of cloud data breaches is misconfigurations of cloud security settings. According to cyber risk management company Vulcan, this “refers to any errors, glitches, or gaps in the cloud environment that could pose a risk to valuable information and assets”. It occurs when businesses fail to properly configure their cloud security systems, with common risks including overly permissive access, default credentials for systems, and unsecured backups.

The most effective means of overcoming cloud misconfiguration include:

Relying on your own monitoring solutions as well as your cloud provider’s.
Introducing the Principle of Least Privilege (PoLP) for anyone accessing your systems to reduce the attack surface.
Encrypting your data backups to protect the data in the event it’s compromised.

3.    External data sharing

The ability to easily share data externally, with many cloud tools enabling you to do so via a simple link, is undoubtedly beneficial for productivity. But this too comes with security risk. The shared link can be forwarded to the wrong person or stolen as part of a cyberattack, providing unauthorised access to the resource in question.

To get around this issue, it’s recommended that businesses:

Introduce approved secure file sharing systems for users.
Train users on data sharing best practices, including what not to do.
Implement multi-factor authentication on all files to help prevent unauthorised individuals from accessing them.

By following our tips on counteracting cloud computing security risks, you’re sure to enjoy a secure cloud-based future.

The post 3 Cloud Computing Risks to Consider When Taking Your Business Digital first appeared on BusinessMole.

Previous Post

Europa’s Most Valuable Banking FinTechs 2022 Including Black Banx

Next Post

Does this mean the tenure police are coming to revoke my tenure?

Next Post

Does this mean the tenure police are coming to revoke my tenure?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
Pints of champagne could be the next ‘Brexit dividend’

Pints of champagne could be the next ‘Brexit dividend’

December 24, 2021
Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

0

0

0

0
Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

August 2, 2025
No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

August 1, 2025

2025’s Best Assignment Help Website in the UK: Projectsdeal.co.uk Sets the Gold Standard

August 1, 2025
Aston Martin sells F1 team stake for $146m amid financial struggles

Aston Martin sells F1 team stake for $146m amid financial struggles

August 1, 2025

Recent News

Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

August 2, 2025
No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

August 1, 2025

2025’s Best Assignment Help Website in the UK: Projectsdeal.co.uk Sets the Gold Standard

August 1, 2025
Aston Martin sells F1 team stake for $146m amid financial struggles

Aston Martin sells F1 team stake for $146m amid financial struggles

August 1, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.