Among the companies that are totally successful when taking advantage of cloud, there are others that are concerned about how safe their data and documents are when it leaves the company’s firewall. Below are some of the most common cloud security threats that businesses can face.
Cloud Security Issues That Entrepreneurs Come Across
Security of data
It is obvious that data security is among the top worries which hold entrepreneurs back from cloud adoption. Cloud service vendors are targets of data breaches, which makes it critical for them to take advantage of such mitigation strategies and tactics as encrypting or tokenizing data before it comes to a cloud service.
Non-compliance with regulatory mandates
Regardless of what the regulatory acronym is, you will realize that 38 percent of organizations nowadays are worried about how they can make sure the compliance with regulations in case their data is inside the cloud. A security breach which leads to non-compliance with a regulatory mandate can be the cause of costly fines, loss of business, lawsuits or maybe criminal penalties.
Loss of management of IT services
According to some surveys, most organizations claimed that their fear over loss of management prevents them from transferring data into apps which are based on cloud. Moreover, this loss of control may be manifested in a wide variety of ways. The cloud service vendor may opt for how and where their data is kept, how often it is backed up, which encryption scheme is utilized and many other problems as well. However, even if the cloud service vendor is reliable at the most level, it is the fact the data owner is still liable for any data breach which may take place. As a result, a lot of organizations now hesitate to take advantage of cloud services.
Expertise of IT and business managers
Currently, 34 percent of businesses are not adopting cloud as they believe that their knowledge as well as experience of their Information Technology and business managers is not aligned with the skill suites which cloud computing requires. For instance, apart from the technical knowledge that a manager is anticipated to have, the person also needs financial literacy for a new computing model in which services are rented, instead of being owned, and negotiation skills to control a cloud vendor’s SLA to the organization’s advantage.
Compromised accounts or insider threats
30 percent of companies are now worried about what would occur in case their accounts which are monitored by a SaaS vendor were to be compromised in some way, or if an insider with that vendor did a little more activity as well as poked around in private accounts. Their worries are totally true. According to some analysis, up to 92 percent of companies have their employees with compromised credentials for sales on the dark net. What is more, the level of insider risks is much higher than those which are known by the department of Information Technology.
Entrepreneur continuity and disaster recovery
It is rare that a company loses all approach to its IT infrastructure since its cloud vendor has out of the blue gone out of business. However, it can even happen. And this issue makes more and more companies become too worried about whether they should adopt cloud computing or not. Furthermore, a company does not abdicate its obligation to do appropriate business continuity as well as disaster recovery planning just because it does not operate the physical aspects of its IT infrastructure anymore, yet recovering data from a cloud service or seeking for another place for that data tends to be a big problem to deal with.