'Malicious hackers' are finding ways to launch cyberattacks against cloud systems: report

'Malicious hackers' are finding ways to launch cyberattacks against cloud systems: report
Image via Creative Commons.

Corporations have been hoping that their cloud storage systems were not vulnerable to cyberattacks. But hackers can be relentless, and according to Axios reporter Sam Sabin, cloud storage is not impenetrable and is not necessarily as safe as companies would like to believe.

Sabin, in an article published on March 7, reports, "Hackers are quickly finding flaws in organizations' cloud infrastructure despite perceptions that the technology is ironclad against cyberattacks. The big picture: Organizations have invested billions of dollars in recent years to move their digital data from traditional, on-premise enterprise storage solutions to the cloud. That investment is expected to keep growing and reach close to $600 billion this year."

Hackers, according to Sabin, regard cloud systems as a very appealing target. And they aren't giving up.

READ MORE:Russian hackers crash 14 American airport websites in massive coordinated cyberattack

"The high price of relocating data was largely paid for one reason: It's far more difficult for hackers to break into an organization's cloud systems," Sabin explains. "But recent research and incidents underscore how quickly malicious hackers are adapting to the new reality…. Many hackers are quickly building skills to target cloud storage because of how rewarding it can be."

Citing a recent report from the cybersecurity firm CrowdStrike, Sabin points out that cyberattacks on clouds systems "nearly doubled in 2022."

Adam Meyers, CrowdStrike's senior vice president of intelligence, told Axios, "As more organizations are moving into the cloud, it becomes a much more attractive target for these threat actors, and they're spending more time and resources trying to get into that environment. Everybody is doing it. We've seen 17-year-olds, and we've seen the Russian SVR."

READ MORE: Scholar of Russian cyber ops explains how the Biden administration is making gains in an uphill battle against hackers

Read Axios’ full report at this link.

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by fontsempire.com.