Cloud Computing Archives - ARCON https://arconnet.com/category/cloud-computing/ ARCON - Award-winning Risk Management Solutions Tue, 16 Apr 2024 12:50:12 +0000 en-US hourly 1 https://arconnet.com/wp-content/uploads/2019/12/Arcnnet-Favicon.png Cloud Computing Archives - ARCON https://arconnet.com/category/cloud-computing/ 32 32 Five Best Practices to Secure Cloud Access https://arconnet.com/blog/five-best-practices-to-secure-cloud-access/ https://arconnet.com/blog/five-best-practices-to-secure-cloud-access/#respond Tue, 16 Apr 2024 11:38:10 +0000 https://arconnet.com/?p=27740 Overview

CIEM (Cloud Infrastructure Entitlement Management), an automated cloud security and cloud governance practice, helps enterprises to mitigate the risk of data breaches in public cloud environments. It continuously monitors the permissions and activity of entities (such as users, applications, and service accounts) within your cloud environment. It ensures that they operate within appropriate access controls in IaaS environment. CIEM practice prevents excessive permissions from being granted after analyzing entitlements and maintains the principle of least privilege, reducing the attack surface. Moreover, an effective CIEM practice provides comprehensive reporting that streamlines access management, strengthens cloud security posture, and minimizes disruptions in DevOps processes.

As a result, despite economic uncertainties, enterprises are continuing with their cloud adoption to stay competitive and fulfill digital transformation strategies. Indeed, nowadays, almost three out of four businesses adopt cloud/ multi-cloud platforms. It helps enterprises to meet the requirements arising from increasing daily IT IaaS, operational and infrastructure use cases through various cloud platforms such as AWS, Azure, and Google Cloud.

The question here is how to govern the identities and access control mechanisms effectively and securely across these cloud/ multi-cloud environments. It is not just human identities that need to be protected, but machine identities/non-human identities (devices and cloud workloads such as scripts, containers, VMs, CI/CD tools, RPA tools) must be controlled and governed.

How does ARCON help in Reinforcing CIEM practices?

ARCON offers a highly effective cloud entitlements management and governance solution – ARCON | Cloud Governance to build a robust security framework in cloud/ multi-cloud platforms. Here are five core security functionalities that give an extra edge to this cloud solution:

  • Centralized Solution: It offers a centralized platform to manage, monitor and control the increasing number of identities spread across multiple platforms. It ensures complete visibility over every end-user and non-human identity access. The centralized dashboard is interactive and offers comprehensive overview of various identities available across the multiple cloud platforms including an ability to govern the cloud entities, enabling administrators to easily identify and manage risky entities.
  • Entitlements Management: The solution empowers IT administrators and enterprise security staff to have comprehensive control over the entitlements and workloads in both single and multi-cloud instances. It strengthens the security fabric on cloud as administrators can define the policies and permissions for distinct entities wanting to access files, workloads, databases, management consoles, services, servers, containers, and other cloud resources.
  • Control of Over-Entitlements: The overprivileged users with excessive entitlements are controlled by ARCON | Cloud Governance. Over-entitlements in a multi-cloud environment could jeopardize cloud security as they increase the chances of unauthorized access and anomalous activities. Misuse of over-privileged rights in the cloud environment could invite unprecedented IT threats. It controls over-entitlements by following the ‘Least Privilege’ principle.
  • Provisioning or Deprovisioning of Privileges: This solution offers robust governance engine for identity lifecycle management, ensuring provisioning and deprovisioning of privileges. It also enforces strong accountability so that the situation never goes out of control. It comes with pre-built integrations with an array of SaaS platforms such as GitLab, Okta, Salesforce, Atlassian, Office 365, and Dropbox to accelerate cloud adoption.
  • Compliance with IT Standards: Deployment of ARCON | Cloud Governance indirectly helps enterprises to comply with the mandates of global regulations and IT standards that demand stringent compliance as to data protection, data integrity, data security such as FedRAMP, NIST, GDPR, American Institute for of Certified Public Accountants SOC for cybersecurity.

Conclusion

The acceptance and proliferation of cloud technologies necessitates the adherence to more cloud security practices. Deploying ARCON | Cloud Governance can yield several IT security benefits in modern enterprises by simplifying and securing cloud entitlement processes and practices.

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3 Distinct Use Case Challenges Addressed by ARCON Cloud Access Governance https://arconnet.com/blog/3-distinct-use-case-challenges-addressed-by-arcon-cloud-access-governance/ https://arconnet.com/blog/3-distinct-use-case-challenges-addressed-by-arcon-cloud-access-governance/#respond Fri, 02 Jun 2023 14:19:48 +0000 https://arconnet.com/?p=18216 Overview

Rapid adoption of dynamic multi-cloud environments is making cloud infrastructure and entitlement management extremely complex. With every new addition of cloud technologies and services, organizations are witnessing a growing number of users, their privileges and corresponding services. This continuous process is resulting in the emergence of new and unique use case challenges. If these use case challenges are not solved with adequate access control policies, organizations can face devastating consequences. 

ARCON, being a strong advocate of cloud-first journey, has always been at the forefront of offering best-in-class Cloud Access Governance solutions that include comprehensive CIEM capabilities as well as classic PAM capabilities. In this blog, we will discuss three distinct use cases solved by ARCON Cloud Access Governance. 

Use Case 1: Modify Access Policies (Provision or Deprovision of Policies)

In a typical cloud environment, there are hundreds of identities that continuously interact with applications and cloud systems to perform different tasks. There are identity access policies assigned to these identities that ensure role-based and need-based access to systems and applications to perform various tasks. There could be situations where few of these assigned policies remain unused over time. Unutilized permissions, if misused, could potentially affect the application assets/ data assets/ systems. 

Alternatively, there could be requirements to add any new access policy against any identity either permanently or temporarily. When the user requests new access permissions to perform and specific task and there is an unexpected delay from the admin, there could be a hindrance in the regular workflow. If there is no mechanism to modify the identity access policies required in multi-cloud environment to ensure scalability, flexibility, and security, it could affect IT efficiency and productivity. 

ARCON Cloud Governance is useful to organizations as it removes the need for planned provisioning or deprovisioning of identities. It offers the flexibility to add/ remove access permissions based on requirements as per requirements, even ad hoc requirements. As a result, there –

  • Won’t be any risk of access permission misuse
  • Won’t be any risk of ‘default’ access permissions
  • Will have the benefit of on-demand provision/ deprovision of policies
  • Will have the flexibility of policy deployment
  • Will be uninterrupted workflow even in multi-cloud environments

Use Case 2: Risk Score based on the Level of Risks

It could be a huge risk if an organization has an access policy for a user and there is no risk assessment of the utilization of the permission given to that user. The organization could face long term consequences sans risk analysis mechanisms because if the access right is misused, the IT security team will remain unaware of it.

ARCON Cloud Governance solution evaluates the utilization of permissions granted to the users for different systems and applications seamlessly. The access information details are analyzed thoroughly by the solution and does the categorization whether the action is used or unused. It can even detect shadow-admin rights where the users may not have highly privileged access rights but have delegated privileges by being a part of a group of users. ARCON Cloud Governance peruses the access permission patterns, password reset requests or new policy enforcements of each user in the cloud platform and identities whether it is an absolute requirement or not. 

This way the solution can –

  • Help IT administrators to take major IT decisions on whom to continue allowing with crucial access and whom to revoke of access rights
  • Ensure every suspicious user is revoked of privileges on time before any potential damage
  • Any act of authorization and authentication (valid access, genuine password resets, new policy enforcements etc.) in cloud is restored throughout

Use Case 3: Data Visualization and Recommendations

With the help of data visualization, organizations can ensure comprehensive visibility of the available data in the organization in the form of common graphics, charts, infographics, etc. The visuals give data-driven insights that are easy to comprehend.

Now, in a multi-cloud environment, if there is no data visualization mechanism, then the organization will not be able to analyze the “which”, “where” and “what” of any data. Indirectly, the administrators could face challenges to check the usage of policies and service principles attached to the displayed data. This could be dangerous from the admin perspective. Be it an individual user, or any role-wise user group, or even a service account holder – the organization could face unprecedented threats without any visibility of the data of their activities, workflow, distribution pattern of policies and the associated services.

ARCON Cloud Governance helps organizations with a comprehensive visibility of the data that includes detailed analysis of the permissions associated with the designated user/ user group/ service principles/ service accounts. The dashboard shows a detailed graphical representation of the distribution of policies and the valid services associated with those incorporated policies. With this solution, it eliminates access threat possibilities by identifying the anomalies in real-time and thus security is restored even in multi-cloud platform. Here, the administrator can –

  • Keep a track of the access policies allowed to any user/ user groups/ roles of the users and service principles/ service accounts
  • View and verify the distribution of services and utilization of data against every action on the cloud platform, even in multiple layers
  • Inspect, analyze and implement which policy must be continued and which one to be revoked on time

Conclusion

ARCON continuously innovates and carries out R&D to identify emerging use case challenges and design solutions. The solution, Cloud Access Governance secures organizations’ cloud-first journey through its robust access control and risk management features.

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Enterprise Cloud-First Journey can Face Bumps if These 5 Security Aspects are Overlooked https://arconnet.com/blog/enterprise-cloud-first-journey-can-face-bumps-if-these-5-security-aspects-are-overlooked/ https://arconnet.com/blog/enterprise-cloud-first-journey-can-face-bumps-if-these-5-security-aspects-are-overlooked/#respond Mon, 06 Mar 2023 10:34:35 +0000 https://arconnet.com/?p=15695 Why are organizations implementing a cloud-first strategy?

A cloud-first strategy comprises of the adoption of advanced IT operations and development techniques wherein enterprises migrate to and control most of their IT workloads and data from on-cloud infrastructure for faster computing, greater flexibility, and scalability.

Initially, SMBs and large organizations were sitting in the middle of the ‘to be or not to be’ soliloquy, which later was accepted by industry leaders as a game changer due to a host of IT operational benefits. Adopting cloud-first strategies became a trend, especially after the post-pandemic years, due to its IT agility, cost benefits, and reliability. A host of services such as virtualization, containerization, microservices, DevOps, and automation ensure a faster build and delivery process for developers, making a strong case in favor of a cloud-first approach.   

And despite economic headwinds in many major economies, it is for these very reasons, SMBs and large organizations are continuing with their cloud-first approach to stay competitive and fulfill digital transformation strategies. 

Having said that, any organization is bound to face major bumps in its cloud-first journey if the cloud’s security is not given adequate consideration. If there is inadequate security and governance around cloud infrastructure and entitlements (CIEM)– cloud Identity and Access Management space– the cloud-first approach might go haywire. Indeed, while the cloud service providers (CSP) do provide adequate safeguards on the cloud, whatever the cloud model–IaaS, SaaS, or PaaS–the onus of data security and granularity in access control for end users lies with the cloud tenants.

Five aspects that need to be taken seriously for secure and seamless cloud-first journey

No control over Cloud (over)Entitlements or the lack of governance: Management of cloud entitlements is extremely important to secure the cloud infrastructure. There have been instances where organizations create multiple over-privileged identities in the pursuit of adopting multi-cloud environments. Due to a lack of IT visibility, they forget to revoke the entitlements even after the completion of the tasks. As a result, there are over-privileged rights in the cloud environment that increases the chances of unauthorized access and risky over-privileged rights. It can widen the security gaps if there is no timely provisioning or de-provisioning of the entitlements.

With the help of robust CIEM (Cloud Infrastructure Entitlement Management) solution like ARCON | Cloud Governance, organizations can control over-entitlements through provisioning or de-provisioning identities (or identity groups) by following the ‘Least Privilege’ principle. After all, the goal of the cloud-first approach aims to ensure smoother IT processes.

Absence of centralized policy enforcement & dynamic access control policy: In cloud environments, organizations sometimes show a lackadaisical attitude in maintaining a dynamic and centralized access control policy that widens the security gap. Organizations today must be capable of addressing a growing number of high velocity access control use cases in multi-cloud environments.  

CSPs (Cloud Service Providers) have different consoles with different policy enforcements and many kinds of end users’ roles and departments necessitate constant access to cloud services. In such circumstances, if the organization lacks the policy of ‘who is accessing what, when, and why’, then there is a high probability of losing track of which end-user is active for which IT task at what time and for how long. Also, what could be the condition of the IT administrator who is managing different policies for different CSPs? This can result in severe mismanagement of access control policies and possible incidents of insider threats, or data breaches.

A robust CIEM solution like ARCON | Cloud Governance can ensure role-based restricted access to the target systems/applications – that too if it is required. It provides a single interface to manage and control multiple end users in multi-cloud platforms. As a result, a secure cloud environment is established.

No monitoring of end-users: Inadequate and inconsistent monitoring of the end-users could be harmful in a cloud environment. There could be risks of undetected suspicious users accessing critical applications that might not be required at all. If such activities go unnoticed, then organizations might face unprecedented consequences.

Multiple layers in the cloud access management system need to have continuous monitoring of the user access, and their activities, along with a detailed report of those activities. With the help of ARCON | Cloud Governance solution, the IT risk management team can monitor end-user activities in real time. Based on the user-activity reports, the IT security team can continue to restrict/allow suspicious and authorized users for their designated IT tasks.

Lack of anomaly detection: If there is no tool that could detect end-user anomalies in real-time and provide the necessary risk score to the administrators, then, the organization might lack an overview of risk elements in the cloud environment.

ARCON | Cloud Governance provides an AI-based automated anomaly detection capability that helps the IT risk management team with a risk score for every user based on their activities in the cloud platform. It helps them with an overview of riskiness and take necessary and relevant remediation steps applicable to the risk. As a result, appropriate action is taken on time.

Non-compliance: Cloud-first strategy is not just a fundamental shift from on-prem data center to cloud infrastructure. It requires security assessment and compliance verifications thoroughly so that there are no non-compliance consequences in future.

A host of global compliance standards like FedRAMP (Federal Risk and Authorization Management Program) and NIST (National Institute of Standards and Technology) have standardized set of mandates to protect citizens, corporate and federal data. Non-compliance with these standards can automatically invite hefty penalties. A robust solution like ARCON | Cloud Governance helps organizations to comply with the mandates through a host of security features and functionalities that ensure data integrity, data confidentiality and data privacy. 

Conclusion

Adopting the cloud-first approach is not just a typical shift in the IT operational framework. It includes some of the best practices that organizations must incorporate to secure the end users and their entitlements on cloud. Otherwise, the idea of maximizing IT efficiency and simplifying IT processes will be unsuccessful with lots of bumps in enterprise cloud journey.

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Secure Privileged Access: A top priority for seamless digitalization https://arconnet.com/secure-privileged-access-a-top-priority-for-seamless-digitalization/ https://arconnet.com/secure-privileged-access-a-top-priority-for-seamless-digitalization/#respond Mon, 18 May 2020 17:33:50 +0000 https://arconnet.com/?p=893 Revolutionary technologies such as Internet of Things (IoTs) and cloud computing, AI, Big Data, et al have created enormous opportunities for global organizations. They have changed the way global corporations conduct business. While these technologies create new opportunities, they also make IT assets vulnerable. Indeed, with tons of data stored in the cloud, and critical systems with which end users interact, organizations risk data breach from malicious outsiders/ insiders.

Gartner in one of its reports namely, “Inadequate security sees surge in IoT data breaches, study shows” has confirmed that data breaches linked to IoTs have increased considerably over the last two years.

Internet of Things (IoT)

We do come across numerous IoT security breaches in the last few years. The TRENDNet Webcam hack is one of them. While TRENDnet promoted their cameras for home security and baby monitoring purposes, they hardly speculated that their devices could be under the radar of hackers. Unfortunately, within a few days, the organization came to know that there were security loopholes that were already found and exploited by cyber crooks. Due to the faulty software, anyone could access the IP address of the device and the hackers found out the login credentials only to take entire control of the devices. It is a basic security practice to secure IP addresses against hacking and encrypt login credentials which TRENDnet surprisingly failed to do and the convenience of IoT could not fructify.

Any IoT device consists of built-in sensors that are connected to the IoT platforms which store data from the connected devices. This storing of data happens very tactfully because the IoT device itself selects the data which are relevant to execute the required action and perform the desired task. With the benefits of a connected world in industries like healthcare, transportation or manufacturing in Smart cities, the devices insecurely connected to the internet pose significant security risks. Any time it can become a backdoor entry point of the hackers and cripple the entire ecosystem. If the deployment of IoT network lacks proper user authorization mechanism, secured access control or multi-factor authentication, then the cyber crooks take the opportunity to misuse the vulnerability and breach data. As a result, the entire objective of IoT convenience is destroyed.

Cloud Environment

Security breaches of cloud-based access drew the attention of the IT security officials way back in 2012. The Dropbox incident was the first eye-opener where IT officers first came to know that cloud-based access control mechanism can also be breached beyond recovery. More than 68 million user accounts, email addresses were compromised by hackers and made their way to the dark web at the price of almost $1,141. Unfortunately, Dropbox had to wash their hands off from any kind of attempt to recover the data and requested a site-wide password reset from the user base.

Following their footsteps, the National Electoral Institute of Mexico became a victim of data breach in 2016. Almost 93 million voters’ registration was compromised due to poorly configured database that made this sensitive information publicly available. Later on, it was found that the Institute was storing data insecurely on a cloud server outside the country.

Today, hosted environments like cloud platforms are more targeted by organized cyber criminals. Since CIOs nowadays prefer business enablers like cloud platforms or MSP environments to store data assets, cyber criminals are opting for advanced and sophisticated ways to breach data. This is resulting in the expansion of risk surface and higher data vulnerabilities. Even today, many organizations turn a blind eye towards the security of data while storing in the cloud or migrating to the MSP environment. An inadequate access control mechanism, absence of multi-factor authentication, absence of granular level control, lack of adaptive authentication and no provision for monitoring tasks create a huge security gap.

Role of Privileged Access Management (PAM)

The privileged accounts are always vulnerable to security threats. These accounts are typically targeted by cyber crooks to breach information due to intrinsic significance in the whole IT infra fabric. That’s why organizations need to pay close attention to who is accessing what, why and when?

Refer to our article – How Malicious Insiders are the Biggest threat to Privileged accounts?

The extent of risk depends on the number of privileged accounts – the more number of privileged accounts, the risk also increases because too many accounts increase administrators’ challenges. Organizations should adopt the principle of Least Privilege. The concept of least privileges means that IT administrators limit allocating new privileges as far as possible which helps to seamlessly manage and monitor privileged user activities.

A robust ARCON Privileged Access Management can provide adequate safeguards aimed at mitigating information systems related risks. This tool enables IT operations and security teams to effectively monitor all privileged accounts thus ensuring a smooth digital transformation journey for the organization whilst limiting the privileged user access defined by roles and rules.

ARCON is a leading enterprise risk control solutions provider, specializing in risk-predictive technologies. ARCON | User Behaviour Analytics enables to monitor end-user activities in real-time. ARCON | Privileged Access Management reinforces access control and mitigates data breach threats. ARCON | Secure Compliance Management is a vulnerability assessment tool.

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Are you protecting data amid digital revolution? https://arconnet.com/are-you-protecting-data-amid-digital-revolution/ https://arconnet.com/are-you-protecting-data-amid-digital-revolution/#respond Wed, 25 Jan 2017 08:53:31 +0000 https://arconnet.com/?p=964 Who would have thought about a decade ago that digital revolution could completely transform the way organizations conduct routine operations?

From large retailers analyzing and predicting customers’ purchasing decisions to supply chain firms adopting ‘smart’ technologies to ensure quality controls, disruptive technologies such as big data analytics and the IOTs have enabled firms to capture and effectively use the vital statistics in a real-time.

It has also positively touched our personal lives. Those colorful silicone bands and the ones made from synthetic fiber — omnipresent few years ago as weput on our hands to look ‘cool’ or raise funds for charity purposes—have been gradually replaced by fitness bands that serve as health monitors.

And yes a gigantic amount of information captured by big data and its potential use in modelling infrastructure plans like more efficient transportation systems promises to make cities more futuristic looking ahead.

For modern-day enterprises and government bodies, success hinge on how efficient they are in collating vital information.

Central to all the recent developments is a need to collect the actual data, evaluate it, and make best available decisions.

Data, undoubtedly, is the most valued asset for today’s organizations.It is the engine for growth and innovation.

And that’s why protecting critical data from a possible breach has become one of the biggest challenges as firms risk persistent threats from malicious insiders and external malefactors.

But are we doing enough to secure our digital assets? In this digital era, we are no more custodians of our digital assets. Those vital pieces of information are stored typically in cloud environments, which means that any rogue hacker or state-sponsored cyber attackers can exploit vulnerabilities, if our IT systems are found to be compromised.

A spate of highly successful cyber attacks in the recent past involving banks, an internet company, and government organizations have proved that point.

Likewise, while disruptive technologies like AI and IOTs promise increased productivity and efficiency, under preparedness to deal with rising cyber attacks possibly will lead to a disaster and undercut the advancements.

In this backdrop, it is imperative how we manage and monitor our digital assets. Organizations should maintain an effective identification andideally two-factor verification systems in place. Data centers should be shielded with Intrusion Detection Systems (IDS), Intrusion Prevention Systems (IPS), and a host of antimalware software that can prevent execution of advanced threats and will allow us to monitor network traffic. But more importantly, we need to guard against a growing threat of data misuse. Data breach, particularly from privileged accounts or successful DDOS attacks could bring an entire organization to a standstill.

About time organizations of all shapes and sizes realize that investors, in fact all stakeholders, nowadays don’t gauge organizations’ potential through skimming the free cash-flows, business models, and other financial ratios; the ability to withstand a growing numbers of cyber attacks by adopting preventive measures will differentiate winners from losers.

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Will businesses stand the ‘risk’ of times? https://arconnet.com/will-businesses-stand-the-risk-of-times/ https://arconnet.com/will-businesses-stand-the-risk-of-times/#respond Thu, 09 Jun 2016 10:01:21 +0000 https://arconnet.com/?p=987 All the top businesses today – Manufacturing& Distribution, Banking & Financial Services, Consumer Products & Services, Technology, Media & Communications, Healthcare & Life Sciences and Energy & Utilities – are expected to grow at a fast pace in the coming decade.

However the evolution of these businesses comes at the cost of rising risks. Analyzing and mitigating the risk factors should take precedence when devising strategies.

Several global studies report the following 10 risks businesses face as of 2016 and beyond:

1. Business Interruption
2. Market Developments
3. Cyber incidents
4. Natural catastrophes
5. Changes in legislation and regulation
6. Macroeconomic developments
7. Loss of reputation
8. Fire, explosion
9. Political risks
10. Theft, fraud & corruption
Evaluating these risks, one can see that they are inter-connected, the starting point of which is Change ending with Business Interruptions. And a majority of the interruptions are caused due to the reliance on digitalization.

A critical aspect to note is that most businesses either have heavily leveraged on technology continuing to invest and innovate or are having their technological innovations and investments growing out of proportions. Most companies areshifting to cloud-based solutions and have devices connected to IoT (Internet-of-Things). With this, the digital footprint of enterprises is growing but so are the risks. This development has led to exponential growth of identities as every device and every application communicate with each other in real-time. The world population currently stands at 7.13 billion and 3.2 billion out of this are internet users. Research shows that on average, a typical digital consumer owns 3.64 digital devices. Further research forecasts that over 50 billion digital devices will be interconnected toIoTby 2020. It can only be noted that such a trend will result in a mammoth billions of user identities in the digital space. These coupled with the lack of understanding and awareness of cyber-risk poses a major challenge for businesses to manage if the scope of internal threat is not mitigated for.

Studies show that over 60% IT stakeholders view cyber incidents to be the future trend increasing business interruption risk.A survey by NYSE Governance Services found that cyber-security is discussed at 80% of all board meetings however only 34% are confident of their respective companies’ ability to defend themselves against cyber-attacks. More worrying is the fact that only 11% of the board have a high level understanding of the risks associated with cyber-security, states reports. It is thereforeevident that the primary driver for now and upcoming decades is cyber threats – born by the constantly rising technological innovations and evolution of theIoT.The outcome — cyber-crimes alone cost the global economy $445 billion a year as per reports.

The hour has come now where it is imperativeto embed automation of the end-to-endrisk managementframework and driveit as a culture within organizations. It is technology now that can protect businesses from interconnected risks created by technology. Automation will help businesses stand the ‘risk’ of times.

ARCON provides state-of-the-art technology aimed at mitigating information systems related risks thereby enabling organizations to comply with Governance, Risk Management and Compliance (GRC) requirements. The company, in particular, is known for its unique Privileged Identity Management/Privileged Access Management solution, which helps deter the misuse of ‘privileged identities’.

Learn more about us at www.arconnet.com

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Cloud Computing The business Perspective https://arconnet.com/cloud-computing-the-business-perspective/ https://arconnet.com/cloud-computing-the-business-perspective/#respond Tue, 25 Aug 2015 10:44:34 +0000 https://arconnet.com/?p=1010 Summary: The evolution of cloud computing over the past few years is potentially one of the major advances in the history of computing. Learn more about the various risks associated with cloud computing and how to choose the best cloud computing solution for your organization.

The Business Perspective
The evolution of cloud computing over the past few years is potentially one of the major advances in the history of computing. However, if cloud computing is to achieve its potential, there needs to be a clear understanding of the various issues involved, both from the perspectives of the providers and the consumers of the technology. While a lot of research is currently taking place in the technology itself, there is an equally urgent need for understanding the business-related issues surrounding cloud computing.

Cloud Computing and Risk
The emergence of cloud computing is a fundamental shift towards new on-demand business models together with new implementation models for the applications portfolio, the infrastructure, and the data, as they are provisioned as virtual services using the cloud. These technological and commercial changes have an impact on current working practices. Businesses need to understand the impact of the new combinations of technology layers, and how they work together. A crucial part of this is analyzing and assessing the risks involved.

For example, the use of shared resources, in multi-tenanted cloud systems and across multiple organizations seeking economies of scale, results in companies relying upon a common cloud service or platform. What attendant risks might this bring to the tenant consumer of the service, and to the sellers and providers of the cloud services? How will it impact their expectations of service levels and performance?

This is a fundamental issue for any enterprise that considers using the cloud.

Here’s a list of five risks any business faces as a customer of a public cloud service.

  • Shared access
  • Virtual exploits
  • Authentication, authorization, and access control
  • Availability
  • Ownership

Controlling Risks in the Cloud
All organizations should have policies to establish controls to prevent and detect the unauthorized procurement and use of cloud services, regardless of management’s position on venturing into cloud computing. Due to the low cost of initiating cloud services relative to traditional technology purchases, current controls such as expenditure limits may not trigger appropriate attention from management.

For example, a small business unit of a large corporation independently decided to leverage a cloud-based customer relationship management (CRM) system for a new product’s sales initiative. With no established corporate cloud policy, the business unit started this initiative without engaging the internal IT group or making a capital expenditure request. (The cloud solution required only Internet access and a credit card.) Once launched, the system was populated with data about customers and prospects. Consequently, confidential customer information was being stored outside the corporation’s internal computing environment without being subject to the organization’s controls or operating procedures.

For organizations that have decided to adopt cloud computing, the following are some suggested risk responses with respect to unauthorized cloud activity

  • Establish a cloud usage policy that clearly articulates the business processes and data that management deems appropriate to be supported by cloud computing solutions;
  • Create or update a policy that identifies who is authorized to procure cloud computing services;
  • Identify approved cloud vendors; and Define policy and communicate guidance on the management of relationships with CSPs.

Adopting Cloud
Before you leap into the cloud, you’re going to have to do some leg work. The good news is that the steps are similar to those you would take

to implement any technology solution.

Develop a strategic plan
What you are going to spend your IT budget on? A CRM solution? A database? A phone system? Figure

out what exactly you need to do in the cloud.

Understand your internal business processes
For example, if you have determined that you need a CRM solution, you need to understand how you are going to facilitate your business processes through the system. Try to envision how everything will work together.

Assess your capacity, budget and must haves
You may want x, y, and z, but can you realistically afford them and leverage them effectively? What are your “must-haves” in a solution?

Review your options
You can easily register for a trial with most of these applications to see if it is a good fit. The main commitment you’ll need to make is time — you need to invest enough time to understand how well the solution meets your needs and impacts your business processes. So, dig in, get your hands dirty, and see if there’s a good fit for your organization. Do some reading, too. Make an informed decision.

Engage with a partner as necessary
As with many technology solutions, applications available in the cloud can be implemented by your organization or by a partner. To determine which option is best for you, consider the cost of your time, the importance of accountability, and the value of ensuring everything is done right the first time. If you don’t have time for trial and error, consider working with an experienced partner who can streamline the process and get you up and running painlessly.

Opt for a Solutions
Partnering with the right provider will make your transition to cloud computing seamless and ensure your custom solution meets all your computing requirements. Here are a few tips to help you select the best cloud computing provider for your business:

Custom Cloud Solutions
Before you start researching the list of providers, remove the notion of a one-size-fits-all solution from your mind. It would be nice if one provider could offer you the perfect package that solved all of your problems, but that doesn’t exist. When it comes to cloud computing options, you’ll want to partner with a provider that can offer any combination of public, private and hybrid clouds.

Breadth of Cloud Services and Technologies
The best cloud computing providers have experience that extends beyond cloud technology. The best provider to partner with will understand the value of everything cloud related, including servers, security, Software-as-a-Service (SaaS) and much more. If your cloud computing provider doesn’t understand, and offer, all of these features, it will be difficult for them to enhance their service offering as your business grows.

Find a Provider that Understands Your Business
When you’re selecting a cloud computing provider, it is vital that your provider understands the needs of your business and employees. Choosing solely based on price is rarely successful, because you typically have to sacrifice something important in order to secure the lowest price.

Accommodating Your Needs Now and in the Future
Last but not least, cloud computing providers need to understand not only where your business is today, but where it is going in the future.

The business world is not a static environment. Things change, people change and demands change. Choose a cloud computing provider that can keep up, with your business and technology trends.

About ARCON
ARCON is a leading technology company specializing in risk control solutions. ARCON offers a proprietary unified governance framework, which addresses risk across various technology platforms. ARCON in the last one decade has been at the forefront of innovations in risk control solutions, with its roots strongly entranced in identifying business risk across industries it is in a unique position to react with innovative solutions/products.

Learn more about us at https://www.arconnet.com

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