Security News
Hard-to-control collaboration, complex SaaS permissions, and risky misconfigurations - such as admin accounts without multi-factor authentication - have left a dangerous amount of cloud data exposed to insider threats and cyberattacks, according to Varonis. For the report, researchers analyzed nearly 10 billion cloud objects across a random sample of data risk assessments performed at more than 700 companies worldwide.
With this cloud computing market outlook, there is also a growth in the cloud computing threat landscape, which has resulted in the need for cloud security provisions. Over the years, cloud security has taken different trends and dimensions to ensure that cloud resources are protected against attacks: A TechRepublic report suggests that the cloud security market will surpass $123 billion by 2032.
Ransomware has a longer history than you might imagine. Nowadays, they are more global, relentless, and unforgiving and have started to target cloud as well as on prem infrastructure.
This cloud storage with NAS support costs less than you think We may be compensated by vendors who appear on this page through methods such as affiliate links or sponsored partnerships. In a special deal for TechRepublic readers, you can currently get 1TB of storage for $38.99 on a two-year subscription.
Cloud security became much more complicated as COVID-19 hit and remote/hybrid workforces emerged. Organizations are struggling to sufficiently secure new cloud environments implemented during the pandemic while maintaining legacy equipment and trying to adapt their overall security strategy to the evolving landscape.
The X-Force report pulls data from IBM's threat visibility, including X-Force Threat Intelligence data, hundreds of penetration tests, incident response engagements, and data provided by report contributor Intezer between July 2021 and June 2022. Cloud vulnerabilities are on the rise - Amid a sixfold increase in new cloud vulnerabilities over the past six years, 26% of cloud compromises that X-Force responded to were caused by attackers exploiting unpatched vulnerabilities, becoming the most common entry point observed.
To get successful access to those cloud environments, the attackers have deployed credential stuffing attacks: They attempted to reuse valid credentials they obtained from other services or applications. Once all these steps were done, the attackers could easily access the malicious application, even in the case of a password change from the compromised administrator account.
A well-designed GRC program incorporates GRC software such as LogicGate Risk Cloud. LogicGate Risk Cloud is GRC enterprise software that helps organizations automate their risk management processes and comply with various regulatory requirements.
Nearly two-thirds of respondents to a recent Laminar survey said they currently have data resident in the public cloud. At the same time, only 40.3% said that they had a public cloud data security tool in place to monitor for insider and outsider threats and data exfiltration.
According to a comprehensive market report by MRA, the cloud security market is expected to reach $123.3 billion by 2032 at a CAGR of about 24.4%. As a result of this emerging market trend, cloud security players will be aiming to provide more cloud security service packages for their customers. From the MRA report, some factors that will fuel the cloud security market within the forecast period include the growing threats of cyber-attacks on cloud data and the need for cloud security solutions to protect the confidential data saved on the cloud from unauthorized access.