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Cloud Security - Complete Controller

A breach in an organization’s database causes considerable damage. A data breach can cost a company millions of dollars. A recent survey by ServiceNow states that around 20% of businesses in Australia and Singapore are at risk of a data breach. Most of the dangers come from unsanctioned cloud applications.

Survey Highlights Cloud Security Issues

A mere 20% of company executives in Australia and Singapore successfully ward off security breaches. These statistics are alarming, indicating that a majority of the companies in both counties cannot protect their data from getting into the wrong hands. Check out America's Best Bookkeepers

The corporate service supplier, ServiceNow, provides these astonishing results. Oxford Economics commissioned the survey and collected data from 300 CISOs (Chief Information Security Officers) worldwide. Among them, 50 CISOs were from Australia and another 50 from Singapore.

How to Deal with a Data Breach in the Cloud

Experts discussed strategies that help them face challenges posed by severe threats of a data breach in the cloud in the current cyber landscape. The various data breach issues faced by CISOs in both Australia and Singapore are blamed for a severe lack of secure resources. The lack of resources related to security has caused companies in both countries to suffer heavy losses. Many companies in both countries today are troubled with cloud security.

Approximately 66% of corporate security officers in Singapore and 72% in Australia cannot prioritize their alerts to highlight which data is critical. To highlight this particular concern, ServiceNow CISOs in Australia and Singapore turn to security automation experts. Check out America's Best Bookkeepers

One-third of the total respondents from Australia and Singapore recently used automation for improving cloud security. About 40% of the overall security processes and 66% of companies in both countries plan to have automation within the next three years.

Growth in Threat Intelligence

Tech companies in Australia and Singapore are trying to improve their threat intelligence. Today, more and more companies worldwide, including Australia and Singapore, are working on enhancing their growth in threat intelligence. Companies are collecting alerts from different security tools. They can contextualize the warnings by focusing on the critical components of their business.

Despite the automation, companies in Australia and Singapore have decided not to scale back on improving their security to reduce their troubled cloud security issues. A large number of skilled CISOs said that having highly qualified experts and talent retention are the essential segments for resolving problems of a data breach.

Singapore More Focused than Australia

Singapore has proven more focused than Australia when it comes to talent-based goals. According to the study by ServiceNow, 90% of companies in Singapore depend upon giving their employees’ skills. In Australia, 80% of CISOs believe in talent upskilling for improvement in cloud security. Check out America's Best Bookkeepers

When it comes to retention of talent, 92% of Singaporean respondents cited the importance of talent retention. Similarly, around 76% of the CISOs in Australia believe in talent retention. Having skilled employees with considerable knowledge for companies troubled with cloud security is an essential factor.

Prioritizing Cloud Security Tasks

The essential part of improving security in companies is prioritizing their cloud security tasks. The criticality of the business-related information must prioritize the tasks. Critical business information must have the highest priority. With sufficient threat intelligence, gathering security experts will save essential business data before another severe cyber-attack.

Cybersecurity experts have appreciated the efforts and benefits of security automation. They have warned that it needs careful management. It requires monitoring and proper governance to manage business risks effectively. For hackers, the cloud is like a goldmine. The cloud is the first thing black hat hackers attack when targeting an IT firm. A large number of hackers steal user data and corporate data, causing maximum damage. Significant steps must be taken to resolve data breaches in cloud security.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Cloud Hosting - Complete Controller

Companies that use cloud hosting are facing a multitude of issues. Most of these issues are related to security threats and data breaches within the cloud network. The threat of a data breach is so high that 53% of companies believe that cloud hosting poses many general security risks. The risks are the essential barriers to cloud hosting. Companies need to follow the best practices in cloud hosting, as highlighted below.

Services Accessible by Cloud Hosting

Before selecting a cloud hosting service, make sure that the company and IT officers are aware of the services they are getting. An important point in choosing a suitable cloud hosting service for business is Software as a Service (SaaS). Most cloud hosting companies provide access through the web. Cloud hosting offers different functions, such as: Check out America's Best Bookkeepers

  • Infrastructure as a service (IaaS)
  • SaaS (Software as a Service)
  • Platform-based services or Platform as a Service (PaaS)

SaaS is a public service and consists of making software applications accessible through web sources. Infrastructure-as-a-service refers to remote access to servers or storage capabilities. At the same time, Platform-as-a-service is a software-based computing platform that enables developers to design and build deploy web applications on a hosted infrastructure.

Applications Included in Cloud Hosting

Cloud hosting allows companies to put an application onto the cloud. Each application can be charged differently depending on the sources it uses. Businesses should put the apps on the darkness that they frequently need.  More importantly, regulatory and compliance issues prevent companies from putting specific applications into the cloud, especially those that involve sensitive user data. IDC surveys show that the primary uses of Clouds are: Check out America's Best Bookkeepers

  • IT management
  • Collaboration
  • Personal or enterprise applications
  • Application development
  • Server and storage capabilities

Transferability of Applications

An essential aspect of a cloud hosting service is that it should allow easy access and transfer of different applications. Application transfer services from one cloud platform to another and in-house cloud data centers must be easy and quick.

Cloud hosting services will have to adapt standard technologies to ensure true interoperability. The recent “Open Cloud Manifesto” supports the interoperability of data and applications. The Open Cloud Consortium advocates for frameworks that allow different companies that provide cloud-hosting services to work seamlessly between them. The goal is to move a request from one cloud to another without having to rewrite it. Check out America's Best Bookkeepers

Security Offered by Cloud Hosting Providers

The cloud-hosting provider must offer adequate security measures to protect the sensitive data of the client. In the past, there have been several data breaches. These breaches resulted in the loss of sensitive data and the loss of millions of dollars. While keeping data on a cloud has its risks, many hosting companies offer proper security measures to keep your data safe.

Before choosing a cloud hosting service, be careful when reviewing the SLA. It is essential to understand all the concepts discussed before making a final decision. The terms and conditions must be easy to understand. Reading through all publicly available data is essential. Amazon, for example, maintains a dashboard that shows the state of operation of the various services and history.

There will always be latencies on the network with a cloud service, making applications slower than running on your own data center. Many third-party vendors, such as RightScale, are developing additional services to the cloud to ensure that applications evolve and work well.

Companies that need cloud hosting services must ensure that the company is ready to adopt the principles of cloud computing. The service must have open data centers.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers