What are the most common security risks faced by companies in the cloud?

Insecure APIs: Application Programming Interfaces (APIs) that are insecure or poorly designed can be exploited by attackers to gain unauthorized access or manipulate data.

Insufficient access controls: Poorly implemented access controls can lead to unauthorized users gaining access to sensitive information or resources. This includes weak user permission management, improper handling of user roles, and weak password policies.

Outdated software: Running outdated software in the cloud poses a threat as it may contain severe vulnerabilities that can be exploited by attackers to gain unauthorized access or manipulate corporate data.

Account hijacking: Attackers can use techniques like phishing, social engineering, or password brute-forcing to steal user credentials and compromise their accounts. Once an account is hijacked, the attacker can control cloud resources and manipulate or steal data.

Shared technology vulnerabilities: Cloud environments often rely on shared infrastructure and platforms. If a vulnerability is discovered in the underlying technology, it can potentially impact multiple customers, leading to security breaches.

Malware: Malicious software such as trojans or backdoors can be introduced into cloud environments through vulnerability exploitation or social engineering. Malware compromises the security of data and applications and can be used to gain access to other parts of the corporate infrastructure or infect more users.

Data breaches and data loss: Unauthorized access to sensitive data stored in the cloud is a significant concern. Weak authentication mechanisms, compromised credentials, vulnerabilities, or misconfigurations in the cloud infrastructure can lead to data breaches and loss.