How the cloud has opened new doors for hackers

#News(Security) [ via IoTGroup ]

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How the cloud has opened new doors for hackers
Easy remote access has helped transform many companies’ computer systems 

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The incident, which put the start-up in a hall of shame with other companies that have fallen victim to big cybersecurity breaches, illustrates the dangers of corporations’ moving operations to the cloud, massive commercial collections of powerful data centers scattered around the world and accessed via the Internet.
But cheaper, easier and physically more secure solutions offered by Amazon, Google, Microsoft and others allow companies to store their data off-site and run a variety of applications — for example, conducting complicated analytics on proprietary financial data.
“When managing their own physical servers, companies have to maintain the equipment, manage everything in a secure facility and supervise all personnel with access to the equipment,” said Manav Mital, a cybersecurity expert.
Though the cloud is physically more secure, the ease of use has led to a boom in new applications and databases and increasingly complex configurations that are difficult to manage and monitor, said Mital, who co-founded the cloud-security start-up Cyral.
Last fall, washingtonpost.com/national-security/capital-one-data-breach-compromises-tens-of-millions-of-credit-card-applications-fbi-says/2019/07/29/72114cc2-b243-11e9-8f6c-7828e68cb15f_story.html?tid=lk_inline_manual_24&itid=lk_inline_manual_24″ target=”_blank”>Capital One was breached, exposing tens of millions of credit card applications, including 120,000 social security numbers and nearly 80,000 bank account numbers — a hack enabled in part by a misconfigured firewall.
The cybersecurity firm Risk Based Security estimates that unauthorized access to sensitive information, including cloud exposures, increased by 54 percent in the first half of 2019 compared with the same period the previous year.
“People don’t know how to configure these databases in the cloud,” said Chris Morales, the head of security analytics at Vectra, which helps companies respond to breaches.
“Developers look for functionality first, then performance, and security last,” said Jack Kudale, who founded the cyber-insurance firm Cowbell Cyber to protect small and medium-size companies from the potentially devastating cost of breaches

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