What Are the Security

Risks of Cloud
Computing?
Introduction

When switching to this new platform, organisations frequently

ignore the hazards of the cloud, but there are a few crucial
challenges that businesses should be aware of.

The cloud computing industry faces a variety of security

threats, such as the danger of data loss, account theft, Spectre
and Meltdown assaults, and the risk of natural catastrophes.

Additionally, it is a major concern that cloud providers may

require assistance in order to offer adequate security.
Security Risks of Cloud Computing

1. Data loss
2. Account Hijacking
3. Spectre & Meltdown attacks
4. Natural disasters
5. Human Error
Data loss

Natural disasters, malevolent assaults, and human

mistake are all potential causes of this. Data loss is a
significant issue for businesses that keep mission-
critical data on the cloud.

If the cloud provider has a breach, cybercriminals will

have simple access to the data. Data posted to some
services may also be exposed to theft or loss
according to their terms of service.
Account Hijacking

An account might be completely deleted as a result of

this assault, and confidential information could also be
taken. In order to reduce this risk, IAM controls are
crucial.

The Capital One data leak is an illustration of an attempt

at account hijacking.

An employee's credentials were stolen by a former

employee of the cloud service provider, who then used
the credentials to access private information.
Spectre & Meltdown attacks

Cloud computing has become a target for hackers as a result

of the Spectre and Meltdown exploits.

Nowadays, Google or AWS platforms power a large portion of

the internet.

They run the majority of the mobile apps you use and stream
or cache almost all online content.

Even though both companies have some of the best security

teams in the world, a hacker can still jeopardise the security of
cloud instances.
Natural disasters

Natural catastrophe risk is a serious security issue for

cloud computing. These occurrences, which can
completely destroy data centres or harm data storage
facilities, are occurring more frequently.

To avoid the repercussions, businesses must take

extra precautions to secure their data. Data loss can
result in significant financial loss, disruption of
operations, or even business closure.
Human Error

Human mistake is one of the biggest security hazards

associated with cloud computing. The cause of more
than half of cloud security problems is human mistake.

Human error poses significant risks, whether it's an

innocent error like leaving your S3 bucket exposed or an
unintentional oversight like using the default password.
Although it can be challenging to avoid human error,
there are some things you can do to lessen its effects.
The Bottom Line
An business may effectively handle the situation if it has a
comprehensive awareness of the risk associated with the cloud.

I hope this post has provided you with some insight into the
security dangers associated with cloud computing.

Since data is the most important and fundamental component of

any organization, care must be taken to ensure its security.

Simple precautions can save you from having to deal with the
serious issues covered in this blog.