Otherwise, restoring lost data post-cloud security breach can be a backbreaking task, and chances are you might lose every piece of information from your database completely. That’s nothing short of a nightmare if you fail to own a backup server to maintain a backup of all data stored in the cloud. But, unfortunately, nearly two-thirds of those ventures failed to recover any data from the backup. Restoring Cloud Backups Is A HeadacheĪs per recent surveys, 47% of enterprises losing data in the cloud had to restore information from backups. Also, choosing the right cloud application for your business provides you with an extra security lock. The best remedy to ward off such possibilities is to educate your team on cloud security and maintain a streamlined process of acknowledging IT or others in authority before accessing or giving access to enterprise cloud storage.
The outcome can prove damaging and costly for the company as its confidential information is up in the cloud for unauthorized access. Or, he might end up signing into a cloud-based CRM without informing the IT team. But, in no time, the Genie can turn into a monster if handled without care or concern.įor example, a sales executive with minimal knowledge about IT security can easily grant unauthorized access to sensitive information in any chosen cloud platform account. That’s true – cloud storage is the Genie in the Lamp, single-handedly recording, documenting, and storing bulks of data amidst its folds. Here are the common pitfalls to consider – 1. These pitfalls will deter the seamless transition and open doors to cyber miscreants to meddle with confidential corporate and clients’ data. Pitfalls Of Enterprise Cloud StorageĪs mentioned earlier, harnessing enterprise cloud storage for storing company data might backfire if the roadblocks are not addressed properly. However, the safety and security of confidential data are subjected to data theft challenges if efforts are not made to ward off the pitfalls.
Yes, agreed, cloud storage is probably the best solution for businesses when it comes to finding secured platforms for data storage. According to the Data Breach Report, the average cost per breach reached $4.2 million per incident in 2021. The incidents mentioned above show that cloud storage has become a wasteland of risk and expense. The breach affected 5% of Docker Hub customers as attackers smartly bypassed authentication and gained access to valuable intellectual property. The bank ended up exposing 700 folders containing customer information to cyber miscreants.Īnother instance where 190,000 accounts of container users were compromised following the cloud data breach of Docker Hub. For instance, Capital One, the 10th largest bank in the US, suffered a cloud data breach while using Amazon Web Services. Approximately 80% of businesses have reportedly experienced at least one cloud data breach in the past 18 months. Supposedly, a secured data storage platform, recent reports on cloud data thefts proved otherwise. What Is Cloud Storage?Ĭloud storage for business is a storage space provided to businesses to store important company data on remote servers and make it easily accessible of data from the cloud, aka the Internet. Hence, a more robust and secured cloud storage for business has become the need of the hour. In addition, the US became the worst-hit victim of phishing attacks, recording 30% higher in data breaches than the global average. But, the question remains – is your data truly safe? As many companies shifted their location to the cloud to facilitate remote and hybrid work culture post-pandemic, cyber thefts have become a daily dose for IT professionals to deal with. Cybercrime was already up by 80% in 2020 and continued into 2021. Cloud storage has become the safe haven for businesses storing bulks of confidential organization and customer data in the cloud.
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