Importance of Cloud Risk Management

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  • View profile for Okan YILDIZ

    Global Cybersecurity Leader | Innovating for Secure Digital Futures | Trusted Advisor in Cyber Resilience

    101,685 followers

    🚨 Cloud security is not just a technical checklist. It is a governance system. This Cloud Security Policy is a strong reminder that secure cloud adoption requires more than enabling a few controls in AWS, Azure, or GCP. It requires clear rules for: ✅ cloud architecture ✅ identity and access ✅ data protection ✅ encryption ✅ network segmentation ✅ logging and monitoring ✅ vendor risk ✅ incident response ✅ backup and disaster recovery ✅ cloud exit planning The biggest takeaway: Cloud risk usually does not come from “the cloud” itself. It comes from: 🔴 misconfigurations 🔴 excessive permissions 🔴 public exposure 🔴 weak logging 🔴 unmanaged SaaS tools 🔴 unclear ownership 🔴 poor vendor controls A good cloud security policy defines who owns what, how access is granted, how data is protected, and how cloud environments are monitored continuously. Especially in modern cloud environments, the basics matter: 🔹 least privilege 🔹 MFA 🔹 encryption at rest and in transit 🔹 secure-by-design architecture 🔹 Infrastructure as Code reviews 🔹 centralized logging 🔹 periodic access reviews 🔹 documented exceptions Cloud security is not a one-time setup. It is continuous governance. Because every new workload, integration, user, API, bucket, key, and vendor can introduce risk. 💡 Strong cloud security starts with one question: “Do we know what we are running, who can access it, and how it is protected?” If the answer is unclear, the cloud environment is already exposed. #CloudSecurity #CyberSecurity #InfoSec #CloudGovernance #ISO27001 #SOC2 #DevSecOps #ZeroTrust #IAM #CloudCompliance #RiskManagement #SecurityPolicy

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  • View profile for Nathaniel Alagbe CISA CISM CISSP CRISC CCAK CFE AAIA FCA

    IT Audit Manager | Cybersecurity & Cloud Audit | AI Audit & AI Governance Lead | GRC Expert | Cyber Risk Management | IT Internal Controls | Financial Services

    24,570 followers

    Dear Business & IT Audit Leaders, Cloud environments are not inherently secure. They are only as resilient as the questions we ask. As a cybersecurity audit leader, I don’t begin any cloud assessment without interrogating the architecture through 8 critical dimensions. These aren’t just technical checks, they’re strategic filters that reveal business risk, regulatory exposure, and operational blind spots. Whether you're migrating, auditing, or optimizing your cloud stack, these questions reveal the real posture of your environment. They cut through vendor promises and dashboards to expose what matters: risk, resilience, and regulatory readiness. Here’s the framework I use to guide CISOs, CTOs, and audit teams: 📌 Business Purpose & Data Sensitivity Every cloud asset must be mapped to its business function and data classification. If you don’t understand the value and risk of what’s hosted, you’re auditing in the dark. 📌 Cloud Service Model & Deployment Type IaaS, PaaS, SaaS, and Public, Private, Hybrid, each shift the shared responsibility model. Misidentifying this leads to control gaps and audit failures. 📌 Identity, Access & Privileged Account Management IAM policies, MFA enforcement, and least privilege aren’t optional, they’re the backbone of cloud security. I assess not just design, but operational discipline. 📌 Encryption at Rest & In Transit I validate cryptographic standards, key lifecycle management, and segregation of duties. Weak encryption is a silent breach waiting to happen. 📌 Network & Perimeter Defense Firewalls, segmentation, and intrusion prevention must be tested for effectiveness, not just existence. I look for real-world resilience, not checkbox compliance. 📌 Vulnerability Management & Threat Detection Scanning cadence, patch velocity, and incident response maturity determine whether threats are contained or compounded. I benchmark against threat intelligence and business risk. 📌 Business Continuity & Disaster Recovery Validation RTO/RPO metrics are meaningless without tested recovery capabilities. I simulate failure scenarios to assess readiness under pressure. 📌 Regulatory Compliance & Governance Frameworks From HIPAA to NIST to ISO 27001, I verify not just policy alignment but operational execution. Governance must be embedded, not just documented. These 8 dimensions form the backbone of my cloud audit methodology. They help organizations move from reactive security to proactive resilience. If you're leading cloud transformation, audit readiness, or cybersecurity strategy, this is where your assessment should begin. Let’s discuss: Which of these questions do you think is most overlooked in your organization? #CloudSecurity #CyberAudit #ITAudit #AIaudit #RiskManagement #CloudSecurityRisk #CyVerge #CloudSecurityAudit #Cyberverge #Governance #CloudResilience #CloudGovernance

  • View profile for Razi R.

    AI Security & Zero Trust @ Microsoft · O’Reilly Author · Speaker (RSA, Identiverse) · Advisory: securing agentic AI for enterprises & boards

    14,244 followers

    📄 In today’s rapidly evolving digital landscape, securing cloud environments is a critical priority for organizations of all sizes. This document offers an in-depth exploration of cloud security, providing essential guidance for professionals tasked with protecting sensitive data and infrastructure in the cloud. As cloud computing becomes more integral to business operations, understanding the complexities and responsibilities associated with cloud security is vital. 🔗 Shared Responsibility Model (SRM): The document underscores the importance of the Shared Responsibility Model, which delineates the security obligations between cloud service providers (CSPs) and cloud service customers (CSCs). This model is foundational in understanding where each party’s responsibilities lie, ensuring that all aspects of cloud security are adequately covered. 🔐 Key Domains Covered: • Cloud Governance: Emphasizes the creation and maintenance of robust governance frameworks to ensure security, compliance, and proper risk management in cloud environments. • Risk Management: Offers detailed guidance on identifying, assessing, and mitigating risks unique to cloud computing, helping organizations protect against potential threats. • Identity and Access Management (IAM): Focuses on securing access to cloud resources through advanced authentication and authorization techniques. • Security Monitoring: Discusses strategies for continuous monitoring, detection, and response to security incidents in cloud environments, ensuring proactive protection. • Incident Response: Provides frameworks for effectively managing and recovering from security breaches, minimizing impact and ensuring business continuity. 💡 Advancements and Technologies: The document integrates the latest advancements in cloud technology, including AI and Zero Trust architectures. It emphasizes the importance of adapting to new technologies and methodologies to stay ahead of emerging threats in the cloud landscape. 📏 Standards Alignment: Aligns with globally recognized standards such as NIST and ISO/IEC, ensuring that the guidance provided is not only comprehensive but also adheres to industry best practices. These standards offer a solid foundation for implementing and maintaining secure cloud environments.

  • View profile for Ricky Ray Butler
    Ricky Ray Butler Ricky Ray Butler is an Influencer

    Passionate about AI, RevTech, and Entertainment.

    14,507 followers

    The Great Cloud Outage: A Stark Reminder of Digital Fragility Yesterday, I was stuck on a DC-bound redeye, sitting on the tarmac for over an hour and a half because of the AWS outage. You hear about apps like Venmo or Snapchat going down, but when a 'technical glitch' starts messing with the physical world—runway lights, air traffic control—that’s when the sheer scale of our cloud dependency hits you. The massive Amazon Web Services (AWS) outage this week, which took down hundreds of major websites and apps, isn't just a technical hiccup—it's a critical moment for global digital strategy. The sheer scale of the disruption, traced back to a technical fault in AWS's key US-EAST-1 region, highlights a fundamental vulnerability: the heavy concentration of the internet's infrastructure on a small handful of cloud giants. Key takeaways from the incident: -- The Single Point of Failure: When a single cloud provider, even one as robust as AWS, stumbles, the impact cascades across a vast percentage of the digital economy. From secure communication apps like Signal to government services and global financial platforms, everything felt the ripple effect. -- Cost of Downtime: For major businesses, hours of downtime translate to lost productivity and revenue—a financial impact that can quickly reach into the millions, if not billions. -- The Need for Digital Sovereignty: This outage amplifies the calls from policymakers in Europe and other regions for greater digital sovereignty. Relying on a few foreign-owned cloud providers for crucial national infrastructure, some experts argue, is an "exceedingly dangerous situation" and a matter of national security and resilience. -- Diversification is Key: While small companies benefit immensely from cloud expertise, the trade-off is clear. The incident makes a powerful case for greater diversification in cloud computing strategies, utilizing multi-cloud approaches or exploring regional alternatives to mitigate systemic risk. This isn't just about a technology failure; it's a lesson in resilience, risk management, and the geopolitical landscape of the modern internet. Our dependency is a design choice, and it's one we must re-evaluate.

  • Relying on One Cloud Is a Dangerous Game of Jenga When the recent AWS outage disrupted major SaaS platforms and digital services, it exposed a truth we can't ignore: the entire cloud ecosystem is balancing on the same foundation and it's starting to wobble. Every SaaS platform, from CRMs to fintech apps, assumes cloud resilience equals business resilience. But the outage showed how concentrated our risk has become. A single authentication failure or API disruption in one AWS region cascaded across countless businesses. When one block shifted, the whole Jenga tower shook. The Hidden Risk Behind Cloud Convenience Public clouds like AWS, Azure, and Google Cloud have given companies agility, scalability, and speed to market. But for most organizations, that convenience has turned into vendor lock-in with deep dependencies on one provider's services, infrastructure, and monitoring tools. The AWS incident made one thing clear: • Redundancy within a single cloud isn't true resilience. • SaaS vendors often depend on the same managed services and APIs as their competitors. • Even security operations, threat detection, and backup infrastructures often rely on the same provider they protect. That's not resilience. That's Jenga. Redefining Cloud Resilience The companies that navigated the AWS outage effectively weren't lucky; they were architecturally smart. They had planned for dependency risk long before it became a headline. Key resilience practices include: • Mapping SaaS provider dependencies (knowing which vendors rely on AWS vs. multi-cloud) • Building data replication and failover strategies across multiple cloud providers • Designing cloud architectures that enable workload portability and quick exit strategies As dependency converges, CISOs, CTOs, and risk leaders must start treating cloud resilience as part of enterprise risk, not just IT uptime. Beyond Outages: The Future of Multi-Cloud The next chapter of SaaS and enterprise architecture is not abandoning public clouds. It's distributing intelligently across them. Multi-cloud resilience will separate future-ready organizations from those still playing cloud Jenga. The goals: • Avoid single points of failure • Increase portability and compliance flexibility • Turn vendor independence from a buzzword into a business enabler Until then, the tower stands tall but fragile. The AWS outage was the wobble we all saw coming. #AWSOutage #CloudResilience #MultiCloud #SaaS #CyberSecurity #CloudComputing #DigitalInfrastructure #BusinessContinuity #TechStrategy #vCISO #CISO #AWS #Azure #GoogleCloud #DisasterRecovery #TechLeadership #CloudArchitecture #Vistrada #NTXISSA

  • View profile for Nivathan A.

    Founder - SecureOS | Building the Future of Defensible Third-Party Risk Decisions. | Ex VMware, Teleport, Flexport

    12,809 followers

    The recent 𝐂𝐥𝐨𝐮𝐝𝐟𝐥𝐚𝐫𝐞 𝐨𝐮𝐭𝐚𝐠𝐞 𝐚𝐧𝐝 𝐀𝐖𝐒 𝐮𝐬-𝐞𝐚𝐬𝐭-1 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐨𝐧 are clear reminders of how much our day-to-day work depends on third-party vendors. When critical services go down, it’s not just an inconvenience — it exposes how interconnected and fragile the modern software supply chain really is. This is why strong  𝐭𝐡𝐢𝐫𝐝-𝐩𝐚𝐫𝐭𝐲 𝐯𝐞𝐧𝐝𝐨𝐫 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 is no longer a checkbox. 𝐈𝐭’𝐬 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥. Most companies rely on dozens (sometimes hundreds) of vendors, but very few have a clear picture of the risks buried inside those dependencies. A thorough and continuous vendor risk assessment process is the only way to stay ahead — not after an outage, but before it happens. The question every team should be asking now is: 𝑫𝒐 𝒘𝒆 𝒕𝒓𝒖𝒍𝒚 𝒖𝒏𝒅𝒆𝒓𝒔𝒕𝒂𝒏𝒅 𝒕𝒉𝒆 𝒓𝒊𝒔𝒌𝒔 𝒊𝒏 𝒐𝒖𝒓 𝒗𝒆𝒏𝒅𝒐𝒓 𝒆𝒄𝒐𝒔𝒚𝒔𝒕𝒆𝒎?

  • View profile for Tony Grayson

    Apple VP | AI Infrastructure & Global Operations | Former President & GM | P&L & Capital Allocation | Built, Scaled & Exited a $100M+ Business | Data Centers, Cloud, Defense, Power & Nuclear | Nuclear Submarine Commander

    57,059 followers

    On July 19, 2024, CrowdStrike experienced a significant outage due to a bad update, leading to a global disruption. Major entities, from banks to airlines, found themselves at a standstill, illustrating the critical risks of reliance on centralized cloud services. The incident exposed a significant blind spot: the lack of preparedness for disconnected operations. In an era where digital transformation is the bedrock of business operations, the recent outage caused by CrowdStrike underscored a critical vulnerability in our increasingly interconnected world. As the incident unfolded, businesses reliant on cloud services for critical operations grappled with downtime, lost productivity, and a stark reminder of the risks inherent in our current dependence on always-on connectivity. The Case for Resilience: Rather than focusing solely on disconnected operations, the broader concept of resilience encompasses maintaining functionality amidst disruptions. Here are key strategies to bolster resilience: Hybrid Cloud Solutions: Combining public and private clouds with on-premises resources can provide greater flexibility and control, ensuring critical functions continue during outages. Edge Computing: By processing data closer to the source, edge computing reduces dependency on central cloud services, improving latency and performance and ensuring operations can continue even if connectivity is lost. Modular Data Centers (MDCs): MDCs offer a scalable and flexible solution that can operate independently or alongside traditional data centers, providing local fallback options during central cloud failures. Robust Disaster Recovery Plans: Comprehensive plans that include scenarios for cloud outages are essential for maintaining business continuity and restoring services swiftly. Moving Forward: The CrowdStrike outage is a critical reminder of the need for resilient infrastructure. Businesses must prioritize strategies that enable them to withstand and quickly recover from disruptions. By investing in hybrid cloud solutions, edge computing, modular data centers, and robust disaster recovery plans, organizations can better prepare for future incidents. In a world where digital is the default, resilience is not just a luxury but a necessity. Now is the time to build this resilience, ensuring businesses can weather any storm and thrive in an increasingly digital landscape. What do you think? The picture below is how I think we are handling hybrid/mulit-cloud. Infrastructure Masons #multicloud #hybridcloud

  • View profile for Mike Levy

    CEO @ Cherry Hill Advisory | IIA Standards Board | Internal Audit - Quality Standards, AI, Cyber, and Privacy

    9,869 followers

    The recent global outage of CrowdStrike, impacting over half of the Fortune 500, highlights the critical dependency of major corporations on cloud services and the systemic risks posed by such disruptions. This incident led to significant financial losses and operational delays across multiple industries. Parametrix conducted an in-depth analysis of the event, providing unparalleled insight into the financial impact and broader implications for cybersecurity risk management. Their findings reveal the extent of the disruption and offer valuable lessons for mitigating future risks. Key insights from Parametrix Insurance's analysis include: • 𝟤𝟧% 𝘰𝘧 𝘍𝘰𝘳𝘵𝘶𝘯𝘦 𝟧𝟢𝟢 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘥𝘪𝘴𝘳𝘶𝘱𝘵𝘦𝘥: Significant impact on industries like Airlines, Healthcare, and Banking. • 𝘌𝘴𝘵𝘪𝘮𝘢𝘵𝘦𝘥 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘭𝘰𝘴𝘴 𝘰𝘧 $𝟧.𝟦 𝘣𝘪𝘭𝘭𝘪𝘰𝘯: Excluding Microsoft, highlighting substantial economic repercussions. • 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘧𝘰𝘳 𝘳𝘪𝘴𝘬 𝘥𝘪𝘷𝘦𝘳𝘴𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯: Software & IT-related services were less impacted, suggesting potential for diversified risk management. For a detailed analysis of the CrowdStrike outage and its impact on the Fortune 500, read the full report here: https://lnkd.in/ePKqD9iS Stay informed and prepared for the challenges of an evolving cybersecurity landscape. #CyberSecurity #RiskManagement #CloudServices #Fortune500 #CrowdStrike

  • View profile for Benjamin Knauss

    CTO, CIO, CISO - Technology Executive, speaker, author, futurist

    7,094 followers

    Another cloud outage, another flurry of posts about how cloud was the wrong choice and this is what happens when you put your eggs in one basket. It was not cloud that brought these sites down, failure is to be expected in any complex system, it was a lack of adherence to best practices. It is entirely foreseeable that DynamoDB in one region might go down, this is why we build multi-region systems. Add to this that IAD (US-East-1) has always been the region that AWS releases new services, features, and updates to first, yet it continues to be the region that major companies use for their primary customer facing systems as well. Key factors contributing to cloud downtime include: Tight Budgets: Cost-cutting can lead to skipped security measures and inadequate infrastructure, increasing vulnerability to disruptions. Poor Architecture: A poorly designed cloud environment can create single points of failure, making it easier for issues to cascade and cause widespread problems. High Risk Appetite: Some organizations accept occasional downtime for faster innovation or cost savings, but this approach can backfire if not managed carefully. Lack of Executive Buy-In: When leadership doesn't prioritize downtime prevention, it can lead to underinvestment in resilience and recovery strategies. It's crucial to note that major cloud providers have robust systems in place to prevent and mitigate outages. Most downtime issues stem from our own practices and decisions. To minimize cloud-related disruptions, focus on your internal processes: Invest in robust architecture, security measures, and disaster recovery plans. Encourage a culture of resilience and continuous improvement. Regularly review your cloud strategy with your team and leadership to ensure everyone understands the risks and benefits of your current approach. Consider partnering with a cloud expert to identify areas for improvement. By addressing these internal factors, we can build a more resilient cloud infrastructure that minimizes downtime and maximizes value. Let's take ownership of our cloud success! #CloudComputing #Resilience #Downtime #CloudStrategy #Leadership

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