How Important Is Cloud App Security in the Business World?
Cloud computing has become mainstream, and many software applications developed today are cloud-based. Consequently, many businesses depend on such applications for their operations. This is because they are convenient, make work-related data more accessible, and improve employee communication. However, this convenience comes with increased vulnerability to cyberattacks. This is because cybercriminals can exploit cloud-based applications with different points of entry.Hence, it is crucial for software developers to take jstrict security measures when building cloud-based applications. In addition, companies that want to avoid cyberattacks need cloud app security to ensure they do not lose valuable business data, as it can be costly to recover.
What is Cloud App Security
Cloud application security consists of all measures taken and safeguards applied to cloud-based software to protect them from intrusion by unauthorized parties. The concept is becoming increasingly relevant with the rapid evolution of the digital space. Companies that fall victim to cyberattacks can suffer significant reputational damage that might last long after the initial disaster recovery. This is why they need to ensure their cloud-based apps are secure since hackers are not hesitant to attack.
Top Risks to Cloud App Security
Here are the common things that compromise the security of cloud-based applications.
1. Poor Access Controls
Companies with sensitive information on the cloud need strict access controls to deny unauthorized entry. Without this, hackers will find ways to infiltrate the system and gain access to valuable pieces of information. This can harm the company's bottom line and cause irreparable damage.
2. Unqualified Staff
IT security systems need highly skilled staff to manage them. Unfortunately, the evolution and diversification of technology and the advancement of security threats are faster than the development of highly qualified personnel that can tackle these threats. In some cases, companies cannot afford to hire people with the required skill to manage their cybersecurity, so their cloud systems remain vulnerable.
3. Misconfiguration
Sometimes, cybersecurity personnel fail to take adequate steps to keep cyber attackers away. They can also make mistakes while configuring cloud security systems. These occurrences can allow outbound access to the system, which cyberattackers might exploit.
4. Hijacking of Accounts
This is usually done using social engineering tactics or by sending phishing messages to unsuspecting employees. These tactics aim to extract their account credentials. If these employees take the bait, the hackers could penetrate the cloud application and wreak havoc.
5. Unprotected APIs
Some businesses integrate third-party APIs with existing websites or applications to enable a feature. However, if an integrated APIhas a loophole, hackers can exploit it, gain entry into the cloud system, and launch their attack.
End Note
Cybercriminals are active and constantly improving their hacking skills. This is why businesses should take cloud app security seriously. Negligence can be costly in more ways than one. Apart from the initial business disruption cyberattacks cause, the company involved can suffer irreparable reputation damage and lose consumer trust. In extreme cases, the business can suffer substantial financial losses that force them to close down for good.