Cloud Security vs. Network Security

By Harry

With the increasing reliance on technology, threat elements in today’s digital world are more adept at gaining unauthorized access through compromised systems and networks. Cybercriminals are constantly looking for ways to compromise networks and the cloud. Every business needs network security and cloud security to protect itself against cyberattacks, data theft, and network breaches. Both…

Cloud Security Report includes Tips for AWS Users Cloud Security is a bit of an issue in many organizations, according a new report by AlienVault. The report included tips specifically for Amazon Web Services Inc. (AWS), to help improve the situation. AlienVault, which claims it provides Unified Security Management (MSM) and threat intelligence services, released a report last week based on a survey that it conducted at the RSA 2017 security conference. The company surveyed 974 people about cloud security and Internet of Things monitoring. It concluded that cloud security is still a problem for security professionals. Many are still struggling to monitor this environment effectively. The report titled “Cloud & IoT: Or, How I Learned To Stop Worrying about Security & Love Innovation” summarizes the survey results. The most shocking survey statistic is that a third of show attendees describe security monitoring in their organization as “complex and chaotic,” the company stated in a press release. Survey results show a significant disconnect between respondents’ beliefs about cloud security and IoT. The company also highlighted the following highlights in the report:

By Harry

39% of respondents use more that 10 cloud services within their company, while 21% don’t know how many cloud apps are being used. Respondents are less confident in their ability detect threats in the cloud than on-premises. However, 47 percent prefer to monitor a cloud environment over an on-premises network. While 62 percent are concerned…

Cloud Security Mistakes thrive in Knowledge Gaps. Misconfigured cloud security settings are common among Amazon Web Services (AWS), and the cloud in general. These mistakes, which are usually due to user error, can expose large amounts of data to the public and violate compliance regulations. AWS has provided many tools to its customers over the years to help them avoid cloud misconfigurations. Education is the best tool to protect cloud data exposures, according to a recent study. VMware released Monday’s 2021 edition of “The State of Cloud Security Risk, Compliance and Misconfigurations” report. The report was conducted by the Cloud Security Alliance for VMware between May to June this year. It surveyed more than 1,000 IT professionals around the world about the state and future of cloud security. The primary reason for cloud misconfigurations was education, or lack thereof. According to the report, security is affected by lack of knowledge. It is a barrier that prevents cloud security measures from being implemented effectively. This can lead to misconfigurations, which is the main cause of data breaches. It also prevents security teams from implementing a solution such as autoremediation which could help to supplement this knowledge and skill gap. To illustrate:

By Harry

Respondents viewed “Lacking knowledge or expertise in cloud security best practice” as the main reason for cloud security misconfigurations at 62 percent. 59 percent cited “Lack of expertise and skills” as the main barrier to solving security issues. Close behind was limited budget and staff. 61% of respondents cited training and education as the most…

Interview Questions for Cloud Security Engineers

By Harry

Introduction Cloud technology is increasingly popular due to the changing IT landscape and increasing business demands. Cloud security is a major concern for businesses considering moving to the cloud as there are new threats every day. This is why there is a need for professionals who can help address security concerns in cloud computing and…

Cloud Security Comparison: AWS Security Vs Azure Security

By Harry

The top cloud players are Amazon Web Services (AWS), and Microsoft Azure. Let’s take you through the comparison of cloud security in AWS and Azure, i.e. AWS Security vs Azure Security. Security is the biggest obstacle to many companies making the decision to move into the cloud. The security infrastructure available on public cloud platforms…

Andy Jassy Named AWS CEO

By Harry

Andy Jassy, a long-standing leader at Amazon Web Services Inc. (AWS), has been promoted to CEO. Jassy, who previously held the title of senior vice-president, has helped AWS become one of three notable success stories that Amazon, its parent company, has chosen, alongside Prime and Marketplace. Amazon stated in a blog post last week that…

Analysts debate whether AWS should be spun off. In the wake Amazon.com’s earnings report, last week, which included earnings for Amazon Web Services (AWS), analysts are pondering whether the retail giant should sell its cloud business. Amazon.com investors have become increasingly frustrated with the impact that AWS has had on Amazon.com’s profits over recent quarters. Amazon.com has been under pressure from investors to provide a more detailed breakdown on AWS revenues and profitability. Investors were pleased with Amazon.com’s first quarter earnings report last week. AWS is now a $5 billion company and growing. The cloud subsidiary reported $1.57 billion in revenue in Q1, an increase of 49 percent year-overyear. According to analyst estimates, this would put AWS at a $6 billion annual run rate. Amazon.com’s earnings report revealed that AWS is profitable with a margin 17 percent. The Wall Street Journal was told by Ben Schachter, a Macquarie analyst, that AWS is “significantly more profitable than we anticipated.” Finro Equity analyst Lior Rozen was one of many to suggest that Amazon.com be spun off AWS. Ronen stated in a blog post for Seeking Alpha that AWS’ Q1 revenues indicate that the segment has a $6.9 Billion annual revenue rate. This is based on 11% quarterly growth. Ronen estimated that AWS’ value is between $48 billion to $69 billion based on a price-tosales ratio of 7-10. He stated that Amazon could spin AWS to create two tech giants, one focused on ecommerce and online retail and the other on cloud computing or IaaS services. Amazon could use the two companies to create an entire company that is greater than the sum of its parts. AWS could concentrate on its niche, develop new revenue streams and invest further in technology, while Amazon could do similar on its ecommerce platform. This is the only way Amazon can sustain its long-term growth and use the advantages it holds in both its businesses. James Brumely, an Equity analyst, was skeptical about AWS’ long term prospects. Brumely also stated that cloud services will become more commoditized, which will impact future AWS margins. Brumely also stated that Amazon will continue to be under pressure from Microsoft and Google. He stated that even though unexpected operating profits were exciting for Amazon Web Services (AWS), it doesn’t change that the company lost money last quarter. It also doesn’t change that margins for AWS will likely continue to shrink rather that widen as cloud computing continues to become more commodityized. Brumely also said that the margin of 17 percent is not as impressive as it appears. He cited the fact that 291 companies in the Fortune 500 have operating profit of 15 percent or more. He said that AWS’ 17% margin is more alarming than last year’s profit, which was 23 percent, during the same quarter. “What happened?” He asked. “In its simplest form, Amazon has decided to be and remain the low-price leader in cloud-storage and didn’t care about making much, if any, profit. It turned out that it still made an operating profit as a cloud computing provider, but it is making less and less each day. Although the AWS stats from Amazon.com may not be clear, it is a significant step for both investors and buyers of cloud infrastructure services. They are looking for the best deal, but don’t want their provider to lose money indefinitely. Related:

By Harry

What’s next for AWS after IaaS Doubters are silenced? Amazon Announces AWS Cloud Ear

Analysts: IaaS Market Bound to AWS-Azure “Duopoly”

By Harry

For some time, the signs have been there for vendors of Infrastructure as a Service (IaaS), but Gartner Inc.’s new research confirms that it is. Gartner stated in a Wednesday research note that “By 2019, 90% of native cloud IaaS provider will be forced out this market by Amazon Web Services (AWS-Microsoft duopoly.” AWS has…

Analysts: Amazon’s Cloud Infrastructure Market is Still Amazon’s to Lose

By Harry

According to two recent studies, Amazon Web Services (AWS), despite showing slower than usual growth in its most recent quarter, is still the leader of the public cloud market. According to new data released by Synergy Research Group, AWS’ market share was just over 40% in the fourth quarter 2016. This is almost double the…

Analyst sees 2016 as a ‘Street Battle” between AWS and Microsoft Azure Clouds

By Harry

Amazon Web Services Inc. (AWS), a long-standing leader in public cloud space, is now under attack from upstart challengers like Microsoft and Google. According to a recent financial analyst research report, Microsoft’s Azure cloud will be the main protagonist in the new year. According to Business Insider, FBR Capital Markets predicted that Azure would see…