
Heat In The Clouds
Data breaches, cybercrime and targeted attacks in the cloud have driven demand for cloud security products and services in recent years. Recent years have witnessed numerous high-level data breaches as polymorphic, self-mutating codes and evasion techniques have made traditional security technologies and endpoint protection mechanisms obsolete.
The increased sophistication of hacking techniques and technological advancements in cyberespionage are expected to unleash new cloud threats and vulnerabilities such as ransomware, malicious insiders, DDoS and zero-day threats. The industry is also being shaped by geographic and industry-specific regulations that provide strict rules around data governance and privacy.
The cloud security market is expected to expand at a 13.9 percent compound annual growth rate and become a $12.63 billion market by 2024, according to Grand View Research. North America currently holds the largest share of revenue due to increased awareness of cyberattacks and corporate espionage.
From misconfigured storage buckets and excess privileges to automated attacks and Infrastructure as Code (IoC) templates, here’s a look at 12 of the biggest cloud threats and vulnerabilities technical experts are worried about this year.