IBM: Cloud threats double compared to 2019, warns report.

The number of threats targeting cloud environments has doubled compared to 2019, with login credentials being particularly popular among hackers. According to the recently published 2023 Cloud Threat Landscape Report, approximately 80 percent of all data breaches occurred in the cloud between June 2022 and June 2023. Furthermore, the report reveals a twofold increase in cloud-related breaches […].

In recent years, businesses and individuals have increasingly adopted cloud computing for its convenience and scalability. However, this widespread adoption has also caught the attention of cybercriminals who seek to exploit vulnerabilities in these cloud environments. The 2023 Cloud Threat Landscape Report sheds light on the alarming rise in threats faced by cloud-based systems.

According to the report, the period between June 2022 and June 2023 witnessed a surge in data breaches, with a staggering 80 percent of these incidents targeting cloud infrastructures. This statistic highlights the urgent need for improved security measures within cloud environments, as they become prime targets for malicious activities.

Login credentials emerge as a prime target for hackers, emphasizing the importance of robust authentication mechanisms in cloud-based systems. The report underscores the significance of implementing multifactor authentication and strong password policies to mitigate the risks associated with compromised user accounts. Failure to address these vulnerabilities can result in unauthorized access to sensitive data and severe consequences for organizations and individuals alike.

In addition to the alarming increase in data breaches, the report reveals a doubling of cloud-related breaches during the specified period. This indicates a growing sophistication and persistence among threat actors, as they continue to exploit weaknesses in cloud infrastructure and applications. These breaches expose not only the vulnerability of cloud systems but also the potential impact on the confidentiality, integrity, and availability of critical data stored within them.

To effectively tackle this rising tide of threats, organizations must adopt a comprehensive approach to cloud security. This includes regular security assessments, continuous monitoring, and timely updates of security controls. Additionally, encryption of data at rest and in transit should be implemented to safeguard sensitive information from unauthorized access or interception.

While cloud service providers play a crucial role in ensuring the security of their platforms, organizations must also assume responsibility for securing their own data. This involves educating employees about best practices for cloud security, implementing strict access controls, and regularly backing up critical data to minimize the impact of potential breaches.

In conclusion, the 2023 Cloud Threat Landscape Report highlights the alarming increase in threats targeting cloud environments. With a doubling of both data breaches and cloud-related breaches, it is evident that robust security measures are urgently needed to protect against malicious activities. Organizations must prioritize the implementation of multifactor authentication, strong password policies, regular security assessments, and encryption to mitigate risks and safeguard sensitive data stored in the cloud. By adopting a comprehensive approach to cloud security, businesses can strengthen their defenses and minimize the potential impact of cyber threats.

Matthew Clark

Matthew Clark