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A greater good has come from Capital One’s public pillaging over losing credit application records for 100 million bank customers. In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services.
Leading-edge CASB systems gave companies granular visibility and control over infrastructure ( IaaS ,) platform ( PaaS ) and software applications ( SaaS ) supplied by a cloud services vendor. Still, the added complexities of cloudmigration translated into fresh tiers of wide-open attack vectors.
LW: You’ve been speaking a lot about the cloud-mobile environment; please explain what you’re referring to. Nassar: On a personal level, we use our mobile devices to access just about everything from our email, to our banking, to social media collaboration, to sharing photos with family, it’s all in a cloud-mobile environment.
LW: Banks are a good example of this. They’ve spent billions to secure their networks, but, they too, are relying more on cloud services. One might look at Capital One as an indication of just poor hygiene or issues with how they configured their web application firewalls or their S3 buckets. Mukerji: Cloud is here to stay.
They power the web applications that connect today’s digital world, and their use will only continue to grow as more organisations adopt digital transformation initiatives and shift towards cloud-based solutions. This API sprawl presents major security challenges for organisations.
Preventing security-related disruptions encompasses adopting zero trust policies and not just relying on protecting the perimeter with firewalls. . Every digital resilience project needs to consider security breach prevention and recovery by applying digital governance across the organization for a rapid response to disruptions.
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