Cloud computing uses the internet to provide a shared pool of data that can be accessed at any time. With the rise of remote work, the cloud provides greater flexibility and efficacy while also lowering expenses. Many individuals and corporations have already improved their operational efficiency while reducing IT expenditures by utilising cloud computing. The COVID-19 pandemic has accelerated the long-awaited widespread adoption of cloud systems, including multi cloud and hybrid installations. While cloud computing brings undeniable advantages, it is nevertheless vulnerable to both inside and outside threats.
79% of businesses have encountered at least one cloud data breach in the previous 18 months, and 43% have reported 10 or more breaches in that period.
Considering cloud technology is still being actively developed, it has a number of flaws that hackers or hostile insiders may exploit. Therefore, it is critical to know where your system can be vulnerable and what you can do about it.
The most prevalent hazard to cloud computing is data breaches, which result in data leaks or loss. A data breach happens when a company is targeted by hackers who get illegal access to their cloud network.
Denial of service attacks
A denial of service (DoS) attack is one of the most dangerous risks to cloud services. Cybercriminals can overwhelm your system with a massive volume of web traffic that your servers can't handle. This implies that the servers will not buffer, and your employees and business as a whole will not be able to access anything on the cloud.
An attacker in a cloud system could be because of a client or employee with wide access, or it might be the result of ignorance or simple human mistake. Thus, administrators should establish high-level security designs with distinct degrees of access to cloud services to avoid malicious behaviour by an insider.
Overly liberal access controls are another prominent cause of data breaches in cloud systems. Proper implementation of access controls within your cloud environment may considerably minimise risk exposure. To avoid any kind of credential leakage, organisations must implement a proper key management system. AxCrypt has a number of characteristics that make it a good key management solution.Read more about AxCrypt key management
Cloud users must implement security measures to safeguard their sensitive data from cyber-attacks. Encryption is one of the most effective data security methods, scrambling the information of any system, database, or file in such a way that it is difficult to understand by any third party without the key. Companies can guarantee that only authorised users have access to sensitive data by using encryption and proper key management systems. Encrypted data is illegible and practically worthless without its key, even if it is lost, stolen, or accessed without authorisation.
Cloud encryption protects data from being misused while simultaneously addressing other significant security concerns, such as:
Compliance with regulatory standards regarding data privacy and protection followed.
Unauthorized data access from other public cloud tenants is better protected.
Allowing a business to avoid having to disclose security breaches or other security occurrences in certain circumstances.
AxCrypt is designed to provide advanced encryption in a simplistic manner on multiple cloud storage services such as Google Drive, One Drive, Dropbox, etc. AxCrypt provides AES 256 bit, the strongest encryption, and guarantees that risks are at bay without compromising the company's productivity. Some of the AxCrypt features make it the best cloud encryption solution.
With AxCrypt it is very easy to accomplish data privacy in the cloud . AxCrypt will automatically find what Cloud Storage services are installed on your computer and create an AxCrypt folder there. We make it easy for you to automatically view and keep the files secured on these folders.
With the key sharing feature AxCrypt allows secured files to be opened by other AxCrypt users with their own passwords. Users can send an encrypted file via email, which means that the file can only be accessed with a unique key. For more info on the AxCrypt key, sharing check our key sharing tutorial on YouTube
AxCrypt ensures your organization stays compliant with regulations like the General Data Protection Regulation (GDPR), which concerns the protection of personal data and individual rights.