Multi Cloud Security Issues Problematic for Businesses

Progress isn’t going to be stopped, and while the ubiquitous shift to cloud computing makes so much sense given the way it removes the need for physical storage of data it still comes with challenges. They need to be met, as we’re not going to go back to having so much data stored physically and all the resources and energy required for doing that on planet with 8 billion people. So it is what is with regard to the challenges of having Multi Cloud platforms as the norm, and all that is left is to find ways to make it work.

Security is at the forefront of all of that, and especially considering the ongoing rise in cyberattacks with both frequency and complexity. Business have the most to lose here of course, and the way it works that the larger the business the more sensitive data there is at risk if their cloud security isn’t what it needs to be. Providers aren’t resting on their laurels there, and there is ongoing progress with cloud security that fortunately is keeping pace with the threats these days for the most part.

This is a topic of continued interest for us here at 4GoodHosting in the same way it would be for any reliable Canadian web hosting provider, and naturally because many of the sites we host are for people who have commercial interests in them. The reality of the current situation with MultiCloud security issues is that many businesses feel they are ‘sitting ducks’ of sorts and that they are far too much at risk of suffering a crippling cyber attack at this time.

Increased Risk

Multi-cloud setups are increasingly integral organizations of all shapes and sizes, but more and more of them are becoming difficult to secure properly. This exposes them to breaches that leak large amounts of sensitive data to malicious third parties. There was a survey recently where near 300 senior executives DevOps leaders, and seniors in other security roles had 70% of them reporting not enough confidence in their ability to properly secure both on-prem and multi-cloud environments.

This comes at the same time that cyberattacks are on the rise, with more than 2/3rd of those respondents and their companies having either experience their own data breach or some type of similar data exposure. Ones occurring because of multi-cloud security configuration issues and apparently enterprise cyberattacks are occurring quite often to the same companies.

Around half of these same respondents stated the company had regularly experienced bot attacks. 20% of the were occurring on a weekly basis, and application attacks had 30% occurring the same way. The overall belief is that the tools they currently have to work with are inadequate when it comes to blocking, preventing, or mitigating cyberattacks in a multi-cloud environment.

Near Half

Along with this nearly half of businesses (45%) reported their experience of a cloud-based data breach or failed a security audit in the last year. Around a quarter of them experienced more malware attacks and ransomware attack, and slightly less that had some type of challenging experience with phishing and whaling attacks. The problem is even more compounded by the fact that businesses continue to rely on cloud infrastructure to facilitate the hybrid work environments that began with the Covid-19 pandemic. Better cybersecurity, encryption, and key management solutions are needed and it highlights how and why business tech stacks should survive cost cuts and no matter what the current economic outlook is at the time.

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