Protect your company from cloud jacking

Mobile Networks - IT Support Manchester

Here at Creative Network Solutions, we are Manchester’s leading IT support and network services experts. From secure remote access services to business VoIP, we are the team you can count on. As a result, we have produced this guide to everything your company should know about cloud jacking.

What is cloud jacking?

Cloud jacking is a technique being used frequently to steal data and resources, along with another technique called cloud mining. So what are these specifically, and what kind of damage can they cause?

  • Cloud jacking- This is the practice of gaining access to the cloud computing resources of a company or organization. This is achieved in a variety of ways, usually by seeking misconfigured cloud accounts or web development tools.
  • Cloud mining- This is the practice of stealing cloud computing resources, including electricity and CPU to mine for cryptocurrencies without the owner or renter’s knowledge.

Are small businesses at risk from cloud jacking?

Cloud jacking is something that has been talked about a lot in the news over recent years, especially in 2018 when vehicle manufacturers, Tesla, were targeted. But it’s not just large corporations that are at risk. Although SMBs may offer less in terms of cash reward, or amount of valuable data, they also tens to have much weaker security systems which means that it takes much less time, and fewer resources to carry out a successful cloud jacking attempt. As a result, throughout 2019 and 2020, many small to medium sized businesses were targets for cloud jacking.

In addition, SMBs can be further at risk because these frequently share cloud resources with other companies and networks. This extends the various possibilities for attack, and also allows hackers to steal resources and data from a much wider pool. For example, gaining access to just one Amazon Web Server could allow access to hundreds of companies. So how can your SMB stay safe?

How can you protect your company from cloud jacking?

There are a number of ways that you can protect your data, and your company, from cloud jacking attempts. These include:

  • Monitoring network configurations- misconfigurations allow a gateway for hackers to access the cloud services, quickly and easily. By making sure these are set up with all the right security measures and protocol, you can ensure that hackers will find no such hole in your system.
  • Monitoring network traffic- By monitoring network traffic and correlating it with configuration data, companies are able to spot suspicious network traffic being generated. This can then be identified and isolated appropriately, reducing damage to your company, and your company reputation.
  • Backing up business data- This is the most important thing any business can do to improve cyber resilience and ensure that your company is ready to bounce back from any cyber crime. This is because, regardless of how many new methods for delivering ransomware are developed by cyber criminals, off-site encrypted backups will always reduce the leverage cyber criminals have over your business, especially in the event of cloud jacking.

For more information or advice, about our services, including security, cloud data backup and more, why not get in touch with the team today, here at Creative Network Solutions.