3 Top Cloud Security Threats that Deserve Immediate Action:
The cloud is increasingly being used throughout the industry to deploy software through ISVs to access very affordable infrastructure as a payment service for your use. Thus, there is no need for capital expenditure to own and maintain their infrastructure. There are many benefits to moving the application to the cloud: on-demand availability, subscription-based charging model, high scalability of both storage and CPU capabilities, network management handled by the cloud provider, capital Less demand, customer satisfaction and sales of new social drivers, and better customer value.
Gartner’s recent predictions are further indications of this move towards the cloud. By 2016, the cloud effect is expected to create a clear distinction between emerging cloud-based ERP systems and older highly customizable legacy ERP systems. It is further expected that by 2018, at least 30% of service centric companies will move the majority of their ERP applications to the cloud.
Although many of the positive features of the cloud deployment make it a platform of choice for many, for many, cloud security risks are still a barrier to adoption. Cloud providers work hard to make their services as secure as possible, but cloud deployers still need to consider other techniques to secure their applications.
Here are some common cloud security risks for ISVs:
1. Violation of sensitive data
Whether data breaches are perpetrated by an outsider or an internal one, the consequences can be devastating to the enterprise’s reputation, and the more sensitive the data, the more damaging its reputation will be. Encrypting data is probably the best solution, but the downside is the increased CPU usage and therefore the cost. Encryption should be applied to all data that in any way informs the intruder of the value of the content or any other relevant data. Because cloud deployment means you are location blind, you should consider your legal responsibilities before placing personal data in the cloud. Standard back-up methods must be applied when the database is granted backdoor access.
2. Vendor Reputation
Buying services from a well-known and financially stable cloud service provider has always been a good idea. Going to the cloud is a big step for the enterprise and taking this step with an inexperienced or financially unstable cloud service provider is never an option. It is always advisable to go with the best in the class cloud service provider.
3. IP protection
If you choose shared services with your cloud provider, you will also share your IP with other web applications. There is nothing wrong with that because the cloud provider is going to manage the service levels for your purchase. The problem arises when the activity of the application you are sharing IP with causes the IP to be blocked, then your application will also be blocked. Consider not sharing your IP, and the resulting costs.
Companies using private cloud will reduce many security risks compared to public cloud. Although the private cloud is not necessarily the solution for businesses of all sizes, the cost can be very high for most ISVs. If the choice is to use “Platform as a Service”, the downside is vendor lock-in. The enterprise will be limited to the use of databases, for example, for which the vendor provides an API. The vendor’s security strategy for data and systems must be clearly understood by the enterprise before making any decision.
Once you know what to expect and how much risk you can take, you will be able to better develop your cloud security strategy and make the most of the benefits of cloud technology.