Blog | CloudStakes Technology
1712296947Why should you start investing in cloud security.webp

Why should you start investing in cloud security?

user-img

Dhaval Rathod

5th January 2023

Introduction

Cloud computing has become an essential part of business operations, but it's not just a convenient way to store data and run apps. Cloud security is a serious issue that requires your attention as well. Here are some reasons why you should start investing in cloud security:

Cloud services have grown in popularity over the past years.

Cloud services are a great way to get started. They're easy to use and maintain, which makes them more cost-effective than on-premises solutions. And because they're flexible, you can customize them according to your needs without having to build from scratch or hire expensive expertise in IT or cybersecurity.

It's not just about hackers, though.

Data breaches are a reality, but they don't have to be the end of your business. A data breach can happen from inside your company and outside it—and if you're not careful, even an employee could unknowingly share sensitive information with someone else or accidentally delete it altogether. Even worse than having your data stolen by hackers is having it stolen by mistake because one person in a company has access to all of the files needed for an attack on another department's servers—or even worse yet: giving them access!

No cloud service has been immune to attack.

While the cloud is a technology that has grown in popularity over the past few years, it's still not immune to security threats. The fact that your data is stored on remote servers means you can't be certain of its safety. Breaches have become so common that they've become an expected part of life—and they're always going to happen if you're using a cloud service! For example:

  • In May 2018, news broke that hundreds of millions of passwords had been stolen from password management site LastPass by hackers who compromised its systems using phishing emails sent through its system (the attack involved users downloading malicious files). The incident was just one example among many where attackers have succeeded in compromising large companies' networks through phishing emails or other means—and other major companies have also been targets, including Dropbox, Airbnb, and Airbnb itself (which experienced an attack back in 2014).
By most measures, the cost of data breaches is likely to increase.

By most measures, the cost of data breaches is likely to increase. The average cost per record breach has risen from $44 in 2017 to $56 in 2018 and is expected to rise even higher over the next few years. The average annualized loss from a single Data Breach Incidents Report (DBIR) is about $4 billion. However, this figure does not include many small-business records that are lost due to internal mismanagement or third-party vendor issues—and it doesn't take into account new types of attacks that might occur in future years as vulnerabilities become more widespread among applications and platforms across different industries.

You can enhance performance with Cloud Security

Cloud computing services are becoming increasingly popular for businesses of all sizes due to their potential to enhance performance. Cloud security is an important factor to consider when using these services, as it helps ensure the safety of data and applications. By using cloud security solutions, organizations can protect their data from unauthorized access, protect their systems from malicious attacks, and ensure compliance with regulations. In addition to the performance benefits, cloud security solutions help organizations comply with industry regulations. This can help avoid hefty fines or worse, as many regulations require organizations to protect their data and systems. By implementing cloud security solutions, organizations can ensure they comply with regulations and protect themselves from potential risks. Overall, cloud security solutions can provide businesses with the ability to enhance performance and ensure compliance with regulations.

Security is a key reason you should move your business's network to the cloud.

Cloud security is better than on-premises security, as it:

  • Provides more cost-effective protection than traditional data center infrastructure.
  • It is more secure than traditional data center infrastructure because it uses virtualization and automation technologies.
Final Thoughts:

Cloud computing is a great way to get your business online, but it's important to ensure that the cloud platform you choose offers adequate security. By moving your data and network operations into the cloud, you can reduce costs, increase efficiency and security and provide customers with a better experience. In this blog, we've discussed some of the benefits of using cloud services such as Amazon Web Services or Microsoft Azure, in addition to some of their drawbacks, including concerns about potential hacks into these systems.