From helpnetsecurity.com
In this Help Net Security interview, Ava Chawla, Head of Cloud Security at AlgoSec, discusses the most significant cloud security threats CISOs must be aware of in 2024. These threats include data breaches, misconfiguration, insider threats, advanced persistent threats, ransomware, API vulnerabilities, and supply chain vulnerabilities.
These threats impact various sectors, including finance, healthcare, and retail, and Chawla provides insights into effective mitigation strategies.
What are the most significant cloud security threats CISOs must know in 2024? How do these threats impact different sectors, such as finance, healthcare, and retail?
The most significant cloud security threats right now are data breaches, misconfiguration, insider threats, advanced persistent threats, ransomware, API vulnerabilities and supply chain and third-party vulnerabilities. Financial institutions, healthcare organizations and retailers face specific risks that are worth noting:
- Financial institutions face substantial risks, including financial loss, regulatory penalties, and loss of customer trust due to breaches and insider threats. Misconfigurations can expose sensitive financial data, violating compliance with regulations like SOX and GDPR.
- Healthcare organizations are particularly vulnerable to data breaches, risking patient safety and violating HIPAA regulations. Misconfigurations and insider threats can lead to unauthorized disclosure of patient information, causing privacy violations and significant fines.
- Retailers are susceptible to operational disruptions and loss of customer loyalty due to data breaches and ransomware attacks, which can also impact PCI compliance.