Cloud services are taking over more enterprise functions every year, with core functions like ERP now moving to the cloud. IT leaders must keep an eye on the risks inherent in today’s cloud environment and take preventative steps to mitigate them.
Assess your appetite for risk in the cloud
Your risk appetite will inform your due diligence, ongoing monitoring and willingness to invest in reducing risk. To make the best use of your limited resources, you may want to set up a tiered approach to risk mitigation. For example, the risk of a “Tier 1” cloud service failing may be reduced through staffing regular testing and paying for top-tier vendor support.
Revisit your cloud usage culture
Cloud providers like to emphasize ease of use and flexibility. And only a few organizations have the desire to go back to maintaining their own legacy infrastructure once they experience the ease of the cloud. However, a casual attitude toward cloud services may lead employees to take foolish risks.
Use zero trust models to reduce risk
Every user, system or device inside or outside an organization’s perimeter verifying and validating before connecting to its systems is called the zero trust IT security strategy. For example, Insurity, an organization that specializes in property and casualty insurance services and software, defines a zero trust approach as tightly restricting the access. The organization should Regularly examine user access levels and ask themselves whether they make sense.