Intelligent CIO APAC Issue 12 | Page 68

INTELLIGENT BRANDS // Enterprise Security

Unit42 research shows the impact of COVID-19 on the security posture of organizations

A report from Palo Alto Networks reveals the latest developments in cloud security trends .

The COVID-19 pandemic triggered the largest shift to remote work in history , and organizations struggled to migrate to the cloud and secure their employees working from home .

In the 1H 2021 edition of the biannual Unit 42 Cloud Threat Report , researchers from Palo Alto Networks analyzed data from hundreds of cloud accounts around the world between October 2019 and February 2021 to understand the global impact of COVID-19 on the security posture of organizations .
The report explains which types of threats increased the most , which industries were most heavily affected , how cloud security trends varied across different regions and what organizations should be doing to respond to the security threats they face in the COVID-19 era .
These same industries were among those facing the greatest pressures to adapt and scale in the face of the pandemic – retailers for basic necessities , and manufacturing and government for COVID-19 supplies and aid .
Cryptojacking in the cloud Is on the decline
From December 2020 through February 2021 , only 17 % of organizations with cloud infrastructure showed signs of cryptojacking activity , compared to 23 % from July through September 2020 . This is the first recorded drop since Unit 42 began tracking cryptojacking trends in 2018 . This is likely because organizations are doing a better job of protecting against cryptojacking attacks .
However , research also shows that cryptomining activity fluctuated , increasing and then decreasing in intensity following key political and economic developments related to the pandemic . This suggests that incentives to mine cryptocurrency were impacted by the pandemic as well .
Sensitive data in the cloud remains publicly exposed critical assets at risk . These risks could be contained by cloud security automation tools that audit for oversights such as improperly configured access controls .
Growing cloud security along with your cloud
As the report explains , implementing cloud security automation tools that can perform tasks – such as auditing Infrastructure as Code ( IaC ) templates for security risks , scanning cloud environments for misconfigured ports and comparing cloud configurations to industry-accepted security benchmarks – go a long way toward keeping cloud workloads secure , even as they grow in size . Hiring security engineers who understand cloud-native development and can help programmers build secure applications is important , too .
In short , as organizations scaled up their cloud environments in response to the pandemic , they did not always scale up their security and governance processes at the same rate . The result has been an explosion in cloud security incidents across a variety of regions and industries . Although certain risks , such as cryptojacking , are on the decline , it ’ s imperative that organizations take steps to plug the vulnerabilities that continue to lurk within their cloud environments . p
COVID-19 critical industries suffer spike in security incidents
Among the industries with the highest increases in security incidents were retail , manufacturing and government , which saw incidents rise 402 %, 230 % and 205 %, respectively . Security incidents are defined as events that caused violations in security policies and put sensitive data at risk .
Unit 42 found that 30 % of organizations host sensitive data in the cloud without proper security controls in place . Due in most cases to a simple lack of effective access-control restrictions , these businesses place personally identifiable information and other
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