The Black Hat USA conference kicks off in Las Vegas this week, where professionals from all industries will gather to share the latest in security research, development and trends.
Attendees will have an opportunity to participate in courses on penetration testing, aimed to exploit web applications and reveal possible vulnerabilities to cyber attacks. Subject matter experts from around the world will share their views on defining and defending the information security landscape.
It’s all about keeping crucial and sensitive information from going into the wrong hands.
For Cloud Service Providers (CSP) handling important client information, whether it’s contracts, financial records or applications, they need to be confident that this information is safe and secure.
Before the days of cloud-computing, organizations relied on file cabinets or on-premise servers to store their information. Now, many CSP’s rely on third-party platforms to house and protect their information. With the need to store vast amounts of data, it’s cheaper for companies to rent time on servers provided by these platforms. However, if this architecture is not properly designed, a flaw in one client’s application would not only allow hackers to access their information, but other client’s information as well.
Hackers can also hijack accounts or service tracking. If credentials and passwords fall into the wrong hands, attackers can eavesdrop on your activities and transactions, manipulate data or redirect clients to illegitimate websites. This not only compromised the confidentiality and accessibility to those sources, but can damage the reputation of both the CSP and the client.
When storing your data in the cloud, you will have to turn over some control of of that information. The burden is on the organization itself to do it’s homework as they select their platform or application.
Let’s say you build your application on top of a third-party infrastructure, like Amazon. You are given basic layers of security that are reliable, but you could still have issues with your application itself. Bad code can become easily hacked or create “back doors,” allowing access to your organization’s information, rendering the third-party security layers useless.
Choosing to purchase an actual application where important data will be stored often means you’ll be turning over more control over your security to the application provider. However, with the right provider, your data can be much safer in the long-run.
The most reliable CSP’s use the following practices to ensure their applications are secure:
These a just a handful of things CSP’s and their clients should consider as they decide who to trust with sensitive data. Many third-party platforms offer robust security layers, but if the code is bad and there is no formal program that shows they are strong in application security, customers should reevaluate their cloud.
As organizations search for the right platform to house sensitive information in the cloud, it’s imperative that they seek out providers with a displayed commitment to security. Protecting valuable information should be a core part of any platform’s corporate values and thereby a core element of any technology roadmap.
At SpringCM, we take pride in the way we secure critical business documents like contracts that are crucial to business success and their relation to revenue. Investing in our security infrastructure is at the center of what we do and it shows. In the last year, seven companies on the Cybersecurity 500 list, the leaders in cybersecurity innovation, chose SpringCM to manage and secure their content. You can learn more about our security standards here.