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Corporate Security Blog

Data Breaches in Cloud-Based Enterprises

The Cloud Enterprise Is at Risk

As the chart below shows, every major industry vertical has been targeted, with retail, finance, and healthcare being the most frequently breached.

What's also relevant is that the top verticals have been rapidly expanding their adoption of the cloud. For example, a Cloud Security Alliance study in late 2015 reported that the banking and finance vertical is using cloud-based technologies extensively for mission-critical applications including email, customer relationship management (CRM), and content management.

What are the top threats and what can be done about them?

It's no surprise that security trends in 2016 show continuous threats that typical enterprises need to care about. The "California Data Breach Report" identified the top trends over the last four years and indicated that malware and hacking as well as misuse by insiders continue to rise and are among the largest threats.

From: California Data Breach Report.

Additionally, at the RSA Conference this year, the Cloud Security Alliance (CSA) released their latest research on the top 12 threats in cloud computing—what the CSA calls "The Treacherous 12." (The report is available here.)

As you can see in the CSA report, top threats include weak credentials, insecure APIs, account hijacking, and malicious insiders. The trends described in the California breach report and the CSA's "The Treacherous 12" report are very similar.

As these threats to enterprises (including their employees and customers) increase, security monitoring becomes critical. And as enterprises increasingly move their mission-critical applications into the cloud, security technologies from service providers such as Cloud Access Security Brokers (CASBs) become potentially vital to the cloud-based enterprise.

Cloud Access Security Brokers (CASBs) can provide deeper visibility into activity within and across the enterprise perimeter. Plus, as threats continue to permeate cloud enterprises, CASBs can help protect against them with groundbreaking innovations in anomaly detection and behavioral analytics.

Palerra is proud to be on the leading edge of this innovation. We recently released a white paper that describes how CASBs can help enterprises mitigate threats and consequently reduce breaches. I'd welcome your thoughts on this document and invite you to talk to our team about how to help you with your security concerns.

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