Cloud Enterprise Security

According to IBM’s Cost of a Data Breach report, 45% of breaches are cloud-based. The frequency of cloud-based security incidents aligns with the increase in organizations upgrading their technologies to cloud-based services. In the last year alone, eight out of 10 organizations have experienced at least one cloud security incident.

Implementing cloud security is mission critical in today’s rapidly evolving cyber landscape. The following article reviews the best practices for cloud security.

What Is Cloud Security?

As organizations move toward digital transformation, cloud-based tools, and services have become more commonplace. Cloud security involves policies and technologies protecting against external and internal threats. Cloud security has become increasingly important for enterprises as they adopt cloud-based tools and services.

Cloud security is significant for enterprises for several reasons. First, as organizations undergo digital transformation, they rely on cloud infrastructure to store, process, and manage their critical data. This sensitive information, including customer data, intellectual property, and financial records, must be protected from unauthorized access, data breaches, and cyber-attacks.

Second, cloud security helps with business continuity. Downtime or disruptions in cloud services can result in significant delays. Repercussions include financial losses, reputational damage, and customer dissatisfaction.

Third, cloud security addresses compliance and regulatory requirements. Enterprises often handle sensitive data subject to industry-specific regulations, such as healthcare or financial information. Cloud security measures assist in maintaining compliance with data protection laws and industry standards, reducing the risk of penalties and legal consequences.

Security Risks of Cloud Environments 

The challenges surrounding cloud security are multifaceted. First, organizations face the daunting task of identifying and mitigating potential security risks associated with cloud adoption. With data being stored and accessed remotely, there is an increased risk of unauthorized access, breaches, and malicious activities. This necessitates implementing robust security measures to safeguard sensitive information and maintain compliance with industry and regulatory standards.

According to IBM, there are five main cloud security challenges: 

  1. Lack of visibility
  2. Multitenancy
  3. Access management and shadow IT
  4. Compliance
  5. Misconfigurations 

Challenge 1: Lack of Visibility

Keeping track of who is accessing your data, on what device, and from what location is more difficult in a cloud environment. This lack of visibility makes it even more critical to secure your cloud services. 

Challenge 2: Multi-tenancy

In public cloud environments, there are multiple organizations that run cloud services on a single server. This increases the possibility of compromised hosting services when malicious attackers target other businesses.

Challenge 3: Access Management and Shadow IT

Compared to cloud-based systems, on-premises systems are easier to control access to data. The same level of restrictions in cloud environments can be challenging. This becomes particularly risky for bring-your-own-device (BYOD) organizations.

Challenge 4: Compliance

Maintaining regulatory compliance in public or hybrid cloud deployments is often challenging for enterprises. The ultimate responsibility for data privacy and security rests with the organization.               

Challenge 5: Misconfigurations 

In cloud computing environments, misconfigured assets accounted for a significant percentage of breached records in recent years. This highlights the risk posed by scenarios such as retaining default administrative passwords or failing to establish appropriate privacy settings.

Despite these challenges, cloud security offers several compelling benefits. One key advantage is the ability to leverage the expertise of cloud service providers (CSPs) who specialize in securing their infrastructure and services. By partnering with reputable CSPs, organizations can tap into advanced security technologies, dedicated security teams, and industry best practices that may surpass their internal capabilities. This enables them to offload the security management burden, allowing internal teams to focus on core business functions.

Best Practices for Securing Cloud Environments 

Established by the government, the Federal Risk and Authorization Management Program (FedRAMP) provides a comprehensive framework for using cloud services. It sets a standard that both government and non-government organizations can follow to streamline the process of assessing cloud services and the adoption of secure cloud solutions.

One of the critical benefits of FedRAMP is that it creates a uniform set of security requirements for cloud service providers (CSPs). This helps eliminate the need for each federal agency to develop its security standards, saving time, and resources and reducing the potential for inconsistencies. 

Under the FedRAMP framework, CSPs undergo a rigorous assessment to determine their security capabilities. This includes comprehensively evaluating their physical infrastructure, network security, data protection mechanisms, incident response procedures, and more. The assessment is conducted by accredited third-party assessment organizations trained and authorized to evaluate cloud service providers against the FedRAMP requirements.

The establishment of FedRAMP has had a significant impact on cloud security services. It has increased transparency and trust in cloud computing for federal agencies by providing a consistent and reliable framework for assessing the security of cloud services. It has also fostered innovation in the cloud industry as CSPs strive to meet the stringent security requirements of FedRAMP.

FedRAMP's influence extends beyond the federal government. Many state and local governments, as well as private organizations, have adopted the FedRAMP framework as a benchmark for evaluating cloud service providers. This wider adoption has further enhanced the security and reliability of cloud services across various sectors.

Cloud Security in Healthcare 

Organizations from every industry are moving toward the cloud. Securing cloud environments and sensitive data is especially important in healthcare. As healthcare organizations increasingly adopt cloud technologies to store and manage sensitive patient data, ensuring the security and privacy of this information becomes paramount.

The challenges surrounding cloud security in healthcare are complex and require careful consideration. Healthcare providers must address concerns related to data breaches, unauthorized access, and compliance with stringent regulations such as HIPAA (Health Insurance Portability and Accountability Act). Failure to protect patient data not only puts individuals at risk but also exposes organizations to legal and reputational consequences.

Fortunately, cloud security offers compelling benefits for healthcare organizations. To harness the benefits of cloud security in healthcare, organizations should carefully evaluate CSPs that comply with industry-specific regulations, such as HIPAA. It is essential to select reputable CSPs with a strong track record in healthcare security and a comprehensive understanding of the unique challenges and requirements of the industry.

Healthcare organizations should also implement robust security measures internally, including stringent access controls, encryption of sensitive data, regular employee training on security best practices, and the establishment of a full incident response plan. Regular security assessments and audits are crucial to identifying vulnerabilities and ensuring continuous improvement in cloud security practices.

GenuineXs Cloud Security Services

Understanding the basics of cloud security is essential for enterprises.  If you’re looking for guidance, GenuineXs offers Cloud Security Services. 

 Our custom strategies help businesses to secure their cloud environments and protect their data. Have confidence: With us, your cloud is secure.

Contact one of our cybersecurity experts to discuss cloud security strategies for your organization.

“GenuineXs’ efforts stood out from the competition. They demonstrated great skill in communicating on technical solutions and scoping projects that made sense for our organization. They are a breath of fresh air in a highly competitive market, and we are excited to continue our relationship forward.”  

CISO / Head of Infrastructure Investment Company, NYC

“The process of becoming a vendor in our organization can be very difficult without SME’s who understand the field of Information Technology, Software Engineering, and Computer Science. I have decided to add GenuineXs as one of the IT Value Added Resellers for our organization because of their team’s proven technical expertise and high regard for customer satisfaction.”

Director, Security Operation and Engineering
Health Insurance, New Jersey

"As a veteran in the space, it is rare to find a cohesive team that not only understood the business we are in but also has a great command of cybersecurity technology products and services."

"As a Chief Information Security Officer for a Big Investment Bank, the challenge for small firms like GenuineXs is longevity and credibility, GenuineXs has done an excellent job establishing credibility, expertise, and reliability!"