Cloud security has already proven to be a necessary component for organizations of every size and across every industry for 2020. The combination of an increasing mainstream adoption of cloud solutions and the cybersecurity crisis brought on by COVID-19 has emphasized the need for a secure cloud security strategy.
The cloud computing market was projected to see heavy growth in 2020, with Gartner estimating global revenue to reach over $265 billion in 2020. However, no market predictions could have forecasted the COVID-19 crisis and its resulting impact on the cloud computing market. As a result of increased security needs and further growth, a firm cloud security strategy for your business is needed more than ever. Here's how companies can adapt effective cloud security solutions with the latest trends of 2020 to keep their data safe and secure.
How COVID-19 Has Impacted Cloud Security
The COVID-19 outbreak has had a major impact on the cloud computing market as a whole. Although the cloud solutions market is supported across various industries, from retail to education, the pandemic forced businesses and organizations to cope with the challenges of functioning and performing while remote or with limited staff. The result has been mixed; although the crisis has forced otherwise reluctant companies to modernize and adopt cloud platforms, it also has taken a toll on small to medium business’s IT budgets.
However, cloud security has seen a significant spike in demand across industries. One of the many challenges COVID-19 has brought with the shift to remote working is the increase in cyberattacks. As a result of social distancing guidelines, the COVID-19 outbreak effectively kickstarted a large-scale national experiment for virtual work. The shift to a remote work environment has also resulted with the security challenges that come along with a virtual workforce.
Cybercriminals have taken advantage of the unique situation to prey on businesses with weak cloud security. Cyberattacks looking to compromise data and disrupt services have used a combination of threats throughout COVID-19, including feared DDoS attacks, phishing malware, and cloud sprawl. With more businesses and organizations relying upon cloud services more than ever before, those same platforms are becoming increasingly attractive targets to criminals. That’s why reinforcing your cloud security strategies is more important than ever.
What to Include in Your Cloud Security Strategy for 2020
Secure User Management
By implementing secure user management tools, your cloud security strategy will prevent unauthorized access to applications, ensuring that data and resources are not compromised.
Security protocols that offer functionality should be used to limit the privileges of users to prevent any malicious (or even unintentional) attempts into acquiring valuable assets. User management tools can also restrict shadow IT, which is software not supported by an organization. Some cloud providers allow for users to acquire new services on demand without the consent of their internal IT team. This can allow for shadow IT, which increases the chances of malware infection.
Increased Visibility & Control
A comprehensive component for your cloud security should be the ability to control your own data. A solution that ensures full visibility of your data allows you to see who is accessing it, no matter where it is and where you are.
Look for a cloud service provider who offers activity monitoring so you can track changes across your cloud systems. With these software tools, organizations can detect insider threats - whether they are harmless or malicious - and stop them before any damage is done.
Cloud Security Training
Many of the COVID-19 cyber threats can be avoided with risk management strategies, like cloud security training. Employees should be trained to know what to do when a security incident does occur and should have a clear idea of what their obligations are when it comes to managing sensitive data. Proper IT education keeps employees informed about the latest threats compromising security.
Education is a key aspect of good IT preventative maintenance. By establishing rules for how cloud computing assets should be utilized, cloud sprawl can be avoided and high levels of cloud security can be maintained.
Minimize Cloud Misconfiguration
Cloud security gaps can cost businesses dearly. Cloud misconfigurations, whether due to a lack of security awareness, or poorly defined or implemented controls, can result in data breaches that leave valuable data vulnerable to attack. Researchers from Divvycloud found that cloud misconfigurations lead to data breaches costing companies globally nearly $5 trillion in 2018 and 2019.
Virtual work environments are especially at risk of cloud misconfiguration since IT departments may not be able to directly implement cloud security solutions. It’s vital for a business to establish a plan for maintaining effective cloud security architecture, especially if shifting operations to cloud-based remote work.
Transform Your Cloud Security Strategy with DSM!
As Florida’s preferred cloud provider, DSM has seen just about every form of cloud deployment imaginable, ranging from simple public cloud networks to the most complex hybrid IT environments that combine virtual private clouds with public cloud platforms.
Our cloud security services can help your organization develop a cloud security strategy that not only helps you overcome the challenges COVID-19 has imposed on the workplace, but also ensure that your cloud deployment will incorporate the very best practices for the rest of 2020 and beyond. To learn more about how DSM can make your journey to the cloud as secure as possible, contact our team of cloud security experts today.