By 2020, Gartner predicts that a corporate “no-cloud” policy will be as a rare as a “no-internet” policy is today. More companies than ever are turning to the cloud to cut costs and improve operational efficiency. As companies move their data into the cloud, they need to ensure that their data is protected from a diverse set of potential threats.

High-profile companies including Sony Pictures, Hilton and Trump Hotels, and the U.S. Office of Personnel Management were all hit by cybercrime in 2015, reports Computer Weekly. Identifying security risks is the first step to preventing problems. We’re sharing some of the top security threats in cloud computing and how you can fight back with the right cloud provider:

Threat #1: Data Breaches

You hear about them in the headlines all the time. Data breaches are nasty. Consumer’s private information, corporate intellectual property and business brands have been put at risk through data breaches in recent years. Unfortunately, cloud environments face the same threats to data breaches as traditional in-house networks.  

By partnering with the right cloud provider, you can ensure your environment is continuously monitored for gaps in protection. They’ll encrypt your data while in transit and while stored at their facility. They can protect all of your assets, including laptops, workstations, file servers, databases and email systems, while adhering to regulations and requirements that are unique to your environment.

Threat #2: Compromised Credentials

Sometimes, data breaches occur because of weak passwords and reset procedures, incorrectly implemented authentication functions and poor key management. Verizon’s Data Breach Investigations Report for 2016 noted that 63% of confirmed data breaches involve using weak, default or stolen passwords.

Companies need to make changes to block hackers from easily finding ID credentials. Many cloud service providers can guide you through building a strong and robust governance plan ideal for your needs. They can help you ensure your sensitive data is classified and manage access control to various levels of your data.  

Threat #3: Data Loss

Data loss can occur accidentally due to human error or intentionally in the event of a malicious attack. Before committing to any cloud services provider, your IT department should discuss the level of protection that is in place to protect your data. Make sure there is a signed service-level agreement between the provider and your company that outlines their responsibilities for securing data in the cloud.  

Also, it’s crucial for your company to run regular backups to avoid permanent loss of critical data. There are cloud service providers who can help you develop a backup and recovery solution customized to your specific needs. Their smart solutions will enable you to work more efficiently and restore vital data and services when you need it most.

Threat #4: Hacked Interfaces & APIs

Companies are increasingly using application program interfaces (APIs) to allow various applications to interact with each other and share data. The security of data stored in the cloud largely depends on the security of the API. Weak interfaces and APIs can expose corporations to potential threats related to confidentiality, integrity, availability and accountability.

Ensure your cloud provider is doing everything possible to secure their APIs. Your cloud services provider should understand the best practices for implementing APIs and protecting them from malicious attackers.

Basic defenses against security attacks continue to be sorely lacking in many organizations, notes the Verizon’s Data Breach Investigations Report for 2016. Razor Technology comes to the rescue with a comprehensive data security portfolio with best in class practices in firewall protection, intrusion detection and prevention, data encryption and data governance to address a myriad of security threats.

If you’re losing sleep over data security in your infrastructure, contact us today or download our guide Security, Manageability, and Reliability: The Keys to Safe Data here.

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