Organizations in all sectors are more cognizant than ever of the importance of consumer data. Many companies are also realizing that they must meet new cybersecurity-related laws and regulations, as well, such as GDPR and the California Consumer Privacy Act. Many organizations are actively investing in cloud technology for cybersecurity purposes. However, the truth is that they should also be considering cloud encryption.
Cloud Security
Financial technology (fintech) companies have gone from novelty to necessity in just a matter of years. Digital banking products, services, and usage exploded over the past decade, making customer’s lives easier and more convenient. But none of this happens without one key part of the fintech backbone: Cloud Technology.
A recent study by Crowd Research Partners showed that 300,000 security professionals of LinkedIn deemed cloud encryption the most trusted security technology today. While these experts agree that encryption is the most effective approach to data security in the cloud, it can be challenging. There are so many types of encryption services available in the online marketplace. All kinds of organizations, from small to big businesses, find these services promising yet they can be confusing and complicated.
In this article, we will tackle cloud storage security issues with encryption and understand the challenges, issues, and mistakes that prove that encrypting data is not always the sole solution to prevent data breaches.
Over the past years, online data privacy has been one of the most prominent topics in the field of information technology. The unstoppable transfer of data from analog to digital devices and applications means our data is more susceptible to risks and vulnerabilities. Several examples of data breaches had impacted many consumers such as the Equifax controversy which affected a hundred million users in just a short time.
In this article, we will be tackling one of the most effective tools to protect our data — cloud encryption. Using the cloud with any cloud storage providers, anyone is able to log in anywhere with Internet access to upload and retrieve their data. But some cloud storage providers don’t offer effective data protection options including cloud encryption.
Modern businesses are storing and managing a majority of their personal and confidential information online in a cloud with an uninterrupted connection to the web. This makes it nearly impossible to conduct business in a way that keeps your company’s data from falling into the wrong hands. It is for precisely this reason that businesses are incorporating encryption into their cloud data security plans to keep their data private and safe, no matter its location.
Companies that have yet to realize the benefits of cloud computing in business are beginning to learn that in order to make cloud storage safe, their network must be heavily encrypted. This doesn’t mean that your business needs government or military-grade encryption though; you just need to employ basic encryption solutions that can better protect your network data. Here are a few cybersecurity tips that showcase the importance of encryption and how your business can use cloud computing to your advantage without incurring too many risks from malicious threat actors.
Famed astrophysicist Carl Sagan once observed that “We live in a society exquisitely dependent on science and technology, in which hardly anyone knows anything about science and technology.” This is probably more true now than it was back then.
“The Cloud”. It sounds like some mystical place: Somewhere out there, but it’s really just another term for the internet. The cloud is the umbrella under which Software-as-a-Service (SaaS), Infrastructure-as-a-Service(IaaS), Voice-over-internet- Protocol(VOIP), eCommerce, eMail, web sites, and pretty much everything on the internet resides.
While many organizations still use on-premises models for network access and management, migration to cloud computing continues to grow as companies leverage the benefits of cloud computing to fit their organization’s unique needs.
There’s no way around it, successfully doing business in today’s connected, fast-paced environment requires that you make use of cloud computing and storage. Whether it’s backing up files in Dropbox or storing customer data in Salesforce, it’s rare to find any business that doesn’t have at least some (if not all) of their critical data stored in the cloud.
And things don’t show signs of slowing down anytime soon. The use of cloud computing is expected to grow at a rate of 6x through 2020, with over half of all information technology (IT) budgets now being allocated to the cloud. Moreover, upwards of 85 percent of organizations say that they keep some form of sensitive data in the cloud.
Are there disadvantages of using cloud storage when it comes to the privacy and security of your data? While cloud computing service has made managing data much easier and provides countless benefits in areas like analysis and automation, there is certain risk and drawbacks that you should be aware of when using cloud storage.
So, is your data truly secure online, in the cloud? Read on for our top five disadvantages of cloud-based storage, and how to potentially mitigate them with this comprehensive guide.
All you need is the Internet and the sky’s the limit, or in this case, the cloud. Cloud computing enhances everyday life for families, students, and employees. Even more importantly, it enables smooth operations for businesses in almost every industry. Most people have heard of the cloud in some sense, especially with the widespread use of the Google Suite and Microsoft 365. However, there is so much more to the cloud environment than storing and sharing documents. Are you taking advantage of the many benefits of cloud computing? Continue reading for a comprehensive guide.
Cloud computing is the digital cloud storage of today and moving forward. Powerful, flexible and versatile, there is no world that cloud computing won’t be utterly ubiquitous within a few years. According to the research firm, Gartner, the public cloud services market will reach $186.4 billion this year, a 21% growth from 2017. Despite the massive jump, more growth is expected. By 2021 the same company projects the market to reach $302 billion by 2021.
Cloud computing services offer so much upside with more untapped potential in store. Such growth comes with opportunities for bad actors as well. As the proliferation of cloud services continues, so too will the need for cloud computing security solutions.
The same services that make the cloud an attractive option for business also make it equally attractive for hackers. Clouds are full of sensitive, valuable information and hackers are all too aware of that fact. Last year hackers made hay on a simple S3 bucket misconfiguration on Amazon Web Services — so many organizations were hacked the list is too long to put here.
Since then Amazon has made a change to allow users to protect their data more easily but it remains as an example of how hackers will be continually probing the weaknesses of cloud web security. We at RSI security understand the importance of cloud security compliance and the ever changing cybersecurity landscape. That’s why we’d like to pass on 10 tips for how to improve your cloud security and to receive education awareness about the importance of cybersecurity awareness training.