Cloud computing is a double-edged sword
Posted: Wed Feb 12, 2025 9:37 am
A data breach can be considered an “accidental” data leak. In the retail industry, this often occurs when sensitive information such as customer data or internal communications is unintentionally exposed. While there is no malicious intent behind this form of data breach, its occurrence australia phone number list can still be largely attributed to poor security protocols, employee error, or system vulnerabilities. For retailers, whether a data breach is accidental or not, the consequences are severe. The consequences of a data breach include legal repercussions, loss of customer trust, and financial losses.
E-skimming is a form of APT attack that involves injecting malicious code into online platforms. Once injected and activated, it steals customer information, including their payment details. The problem is compounded by the fact that, as is common with APT attacks, incidents can go undetected for long periods of time. Every online transaction is an opportunity for data to be stolen, and the threat is even greater for retailers that conduct a large amount of online sales.
On the one hand, there are many advantages associated with this form of data storage. However, there is no such thing as a free lunch, and cloud computing also faces many challenges. The most important of these is security. Cloud-based infrastructures come with vulnerabilities that can come from faulty cloud setup, inadequate security measures, or flaws in third-party services. These vulnerabilities can lead to unauthorized access, data breaches, and service disruptions. If it were simply about protecting data, strong security would still be persuasive. However, protecting data means much more than that. It is about protecting a business’s greatest asset – its reputation, brand image, operations, and the trust that customers have in their data. There is no magic wand that can be waved to address these challenges. Instead, it is a multi-pronged approach that starts with identifying risks and then ensuring that adequate mechanisms are in place to mitigate them.
E-skimming is a form of APT attack that involves injecting malicious code into online platforms. Once injected and activated, it steals customer information, including their payment details. The problem is compounded by the fact that, as is common with APT attacks, incidents can go undetected for long periods of time. Every online transaction is an opportunity for data to be stolen, and the threat is even greater for retailers that conduct a large amount of online sales.
On the one hand, there are many advantages associated with this form of data storage. However, there is no such thing as a free lunch, and cloud computing also faces many challenges. The most important of these is security. Cloud-based infrastructures come with vulnerabilities that can come from faulty cloud setup, inadequate security measures, or flaws in third-party services. These vulnerabilities can lead to unauthorized access, data breaches, and service disruptions. If it were simply about protecting data, strong security would still be persuasive. However, protecting data means much more than that. It is about protecting a business’s greatest asset – its reputation, brand image, operations, and the trust that customers have in their data. There is no magic wand that can be waved to address these challenges. Instead, it is a multi-pronged approach that starts with identifying risks and then ensuring that adequate mechanisms are in place to mitigate them.