98% of Businesses Have Risky Cloud Configurations Issues
Are you leveraging the cloud to run your business operations? If so, then you’re not alone — over 98% of businesses are using the cloud for workloads, enterprise resource planning systems and more. Unfortunately, many organizations have overlooked one crucial element: their cloud configurations. Contrary to popular belief, there is a real risk associated with misconfigured cloud environments. Incomplete or inaccurate configuration settings can create vulnerabilities that lead to data leaks and other security incidents that can negatively impact your organization and its reputation. Keep reading to find out how it happens and what steps you can take to protect yourself from potential disaster.
Cloud technologies are a revolution in cloud computing, enabling businesses to access enterprise-level network applications and computing platforms without physical servers or hardware taking up space. These cloud systems provide round the clock service with efficiency and minimal effort, but they are not without certain risks. According to recent data, 97% of cloud infrastructures have at least one misconfiguration setting, leaving them vulnerable to potential threats like data leaks, identity theft and malicious attacks. This highlights the importance of proper cloud security measures and demonstrates why cloud technology can be such a powerful tool if done correctly.
Misconfigured cloud technologies can be a real danger for many companies and organizations in today’s digital world; if the proper protocols, firewalls, and security measures are not sufficiently put in place, the data stored on them can become vulnerable to exploitation. Without these safeguards, companies take the risk of their data becoming compromised and hackers impacting their operations or causing irreparable damage to their network, such as:
Data breaches
One of the most serious outcomes that can arise from misconfigured cloud technologies is a data breach. A data breach occurs when sensitive or confidential information is released to unauthorized individuals. A data breach can have a number of devastating consequences, including financial loss, damage to reputation, and loss of customer trust.
Compliance issues
Another possible outcome of misconfigured cloud technologies is compliance issues. Organizations that use cloud technologies are subject to a variety of regulations, such as the Sarbanes-Oxley Act and the Health Insurance Portability and Accountability Act. If cloud technologies are not configured properly, it could result in an organization failing to meet its compliance obligations, which could lead to hefty fines or even jail time for executives.
Poor performance
In addition to the potential for data breaches and compliance issues, misconfigured cloud technologies can also lead to poor performance. When cloud technologies are not configured properly, it can result in slow response times, downtime, and other technical problems. Poor performance can lead to a loss of productivity and revenue for an organization.
Another potential outcome of misconfigured cloud technologies is security vulnerabilities. If cloud technologies are not configured properly, it could leave an organization’s systems and data open to attack from hackers or other malicious actors. This could result in a loss of confidential information, damage to reputation, and financial loss.
Increased costs
Finally, another possible outcome of misconfigured cloud technologies is increased costs. When cloud technologies are not configured properly, it can lead to wasted resources, such as storage space or computing power. This can ultimately lead to higher costs for an organization. With technology playing an integral role in business success, there is no denying its importance. Knowing the risks associated with different tech solutions is critical to ensure your business remains secure and compliant. It’s important to work with a trusted partner who understands the complexity of the tech landscape and solutions which can protect you from risk.
At Tru Technical Partners, we have the expertise in security and compliance to make sure you’re always taking advantage of new opportunities while not putting yourself at risk. Plus, our team can help prevent any potential reputational damage due to a data breach or cybersecurity incident. Let us help you create reliable IT solutions that will maximize value while minimizing risk into the future. Contact our team today and get started on creating robust IT systems to protect your business operations – and give yourself peace of mind moving forward!