June 21, 2022
Security

Why Is Cloud Security Important?

Cloud security helps protect your data from unauthorized access and misuse, which can lead to theft, fraud, and other significant issues. Read on to learn how you can benefit from cloud security and what you can do to ensure your data remains safe.

Cloud security is a set of best practices organizations can implement to protect their data and infrastructure in cloud environments. In 2019, misconfigured assets contributed to 86% of all data breaches. As a result, the unintentional insider is now a major issue in cloud computing systems.

Cloud security helps protect your data from unauthorized access and misuse, which can lead to theft, fraud, and other significant issues. Read on to learn how you can benefit from cloud security and what you can do to ensure your data remains safe.

What Is Cloud Computing?

Cloud computing describes a network access and resources model in which a third party hosts computing power, storage, applications, and services. It's rapidly becoming an essential tool for businesses today. 96% of all enterprises in the US use some form of cloud computing. While there are many benefits to using cloud computing, it can also pose security risks, including:

  • Vulnerability to cyber-attacks
  • Lack of control over private data
  • Data loss due to service disruption

What Is Cloud Security?

Cloud security refers to various technologies, procedures, and processes that help protect your cloud-based applications and data from unauthorized access. It's a broad term encompassing everything from firewalls and encryption to backup solutions and intrusion detection systems (IDS).

For example, one common practice is encrypting sensitive information before it's uploaded to a server or shared with an employee or client. This practice ensures that even if someone manages to break into your system, they won't access any of your information without first decrypting it.

Why Do We Need Cloud Security?

In a world where cyber threats are constantly evolving, protecting your data is more critical than ever. You can get agentless visibility into your cloud assets by leveraging cloud computing to improve productivity, increase agility, and lower costs. 

However, to realize these benefits organizations must ensure that their sensitive information is always secure. Despite the promise of the cloud, less than 40% of companies say they are achieving the full value expected of their cloud investments. The best way to do so is through a sound cloud security strategy.

The Business Benefits of Cloud Security

To help you make the right decision regarding cloud security, here are three business benefits that you can't ignore.

Lower Upfront Costs

By moving to a cloud-based system, you'll be able to save money on hardware, maintenance, and software upgrades. For instance, when you have more employees or need additional security features, you won't have to purchase new equipment or upgrade your entire system. 

Instead, you can add more servers or add new security features. This option will help keep costs down while ensuring that your company has enough computing power for its needs.

Reduced Ongoing Operational and Administrative Expenses

Since you can delegate your security infrastructure to a cloud service provider, you'll pay only for what you use when you use it. That means no more spending on backup storage, disaster recovery data centers, or IT staff for network management and maintenance. 

Increased Reliability and Availability

Redundancy can be expensive and tricky to implement in-house, but cloud providers often offer it as a standard feature. Off-site backup systems provide automatic backups every day. 

Additionally, most cloud providers offer fast and reliable customer support teams who can help rectify security challenges very quickly. This support ensures that downtime is kept to a minimum, allowing you to stay productive at all times.

What Are the Technical Outcomes of Better Cloud Security?

Better cloud security means better business continuity and overall efficiency. Here are some technical outcomes and benefits of cloud computing.

It Guards Against Security Breaches

When someone steals your data, it can lead to financial losses and ruin your business's reputation. That's why cloud computing services that offer superior security are so important. The best providers use advanced encryption technology to keep your information safe. 

It Helps Ensure Disaster Recovery

When businesses experience a disaster, their data must be backed up and stored so that you can quickly recover it. With cloud security solutions, companies can easily keep redundant copies of critical data and ensure they are not dependent on any system or server. 

It Also Helps Comply With Regulations

Many countries and states have data-breach laws that require specific measures to be taken to keep user data safe. By implementing cloud security solutions, companies can not only protect their data but may also improve their regulatory compliance profile.

Cloud security tools can help you stay compliant with regulations like Health Insurance Portability and Accountability Act(HIPAA) and Payment Card Industry (PCI).

What Are the Different Types of Cloud Security That Can Be Used?

There are two significant forms of cloud security that you should utilize to keep your information safe from hackers and other potential threats. Here's an overview of each.

Private Cloud Security

A private cloud is by an organization for its purposes, and you can access it only by authorized users. It also allows them to quickly transfer data from one location to another without going through a third party, which means they have more control over their information overall.

Public Cloud Security

The public cloud is open to anyone, whether affiliated with your company or not. These clouds exist on servers owned by someone else, so you don't have as much control over your data as you would if you were using a private cloud. 

How to Enhance Your Cloud Security Posture

There are several things you can do to maintain cloud security. These include:

  1. Encrypting your data in transit and at rest is imperative if sensitive data resides in a public cloud environment.
  2. Control access to your cloud resources by using multi-factor authentication. 
  3. Enforcing operational policies 
  4. Identify and prioritize AWS Security

What To Look For in a Cloud Security Platform

Here are some things to look for when choosing a cloud security platform.

  • Its data protection level
  • Its features
  • The type of security it offers
  • Cost
  • Ease of use

Final Thoughts

Using cloud computing comes with unique benefits and challenges, especially regarding security. The first step in choosing a cloud storage provider is knowing how to evaluate and understand security features. 

Once you know what to look for, you can decide which service is right for your business or organization. For more information on cloud computing, get started with Tenacity for free and start securing your cloud assets.

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