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Cloud applications and services provide access to business tools, information and software from anywhere, allowing employees to be productive whether they are working in the office, remotely or a combination of the two. Location doesn’t matter; everything they need is just in ‘the cloud‘.
But it isn’t only employees and businesses who have benefited from the use of cloud computing and the shift towards remote working – it’s proving useful for cyber criminals and malicious hackers too, giving them a new set of opportunities to steal sensitive data such as credit card information, passwords, secret intellectual property and more from unwary cloud users.
Malicious hackers have found ways to break into networks to gain access to this information, often via phishing attacks or by secretly planting trojan malware – and these were, and remain, common techniques used by cyber criminals to access corporate networks. Cloud computing can provide new targets for these old attacks.
According to research, more than half of companies are enabling poor password security for cloud accounts, allowing weak passwords consisting of under 14 characters, while 44% of cloud accounts allow the user to reuse a password that’s linked