Data is crucial to any organization. When data leaks into public, organization may collapse and loose its business.
Try to understand where we lack on data security.
Challenges in data security
The challenge in addressing this threats of data loss and data leakage is that "the measures you put in place to mitigate one can exacerbate the other," according to the report.
You could encrypt your data to reduce the impact of a breach, but if you lose your encryption key, you'll lose your data. However, if you opt to keep offline backups of your data to reduce data loss, you increase your exposure to data breaches.
Cloud security problems
- Data loss: the prospect of seeing your valuable data disappear into the ether without a trace. A malicious hacker might delete a target's data out of spite -- but then, you could lose your data to a careless cloud service provider or a disaster, such as a fire, flood, or earthquake. Compounding the challenge, encrypting your data to ward off theft can backfire if you lose your encryption key.
- Legal issues: Data loss isn't only problematic in terms of impacting relationships with customers, the report notes. You could also get into hot water with the feds if you're legally required to store particular data to remain in compliance with certain laws, such as HIPAA.
- Hijacking: The third-greatest cloud computing security risk is account or service traffic hijacking. Cloud computing adds a new threat to this landscape, according to CSA. If an attacker gains access to your credentials, he or she can eavesdrop on your activities and transactions, manipulate data, return falsified information, and redirect your clients to illegitimate sites. "Your account or services instances may become a new base for the attacker. From here, they may leverage the power of your reputation to launch subsequent attacks," according to the report. As an example, CSA pointed to an XSS attack on Amazon in 2010 that let attackers hijack credentials to the site.