Lacework Releases Quarterly Cloud Threat Report

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SAN JOSE, Calif., Aug. 31, 2021 /PRNewswire/ — Lacework, the data-driven
security platform for the cloud, today released its quarterly cloud threat
report, unveiling the new techniques and avenues cybercriminals are infiltrating
to profit from businesses.

The rapid shift of applications and infrastructure to the cloud creates gaps in
the security posture of organizations everywhere. This has increased the
opportunities for cybercriminals to steal data, take advantage of an
organization’s assets, and to gain illicit network access.

“It’s in enterprises’ best interest to start thinking of cybercriminals as
business competitors,” said James Condon, Director of Research at Lacework.
“Last year alone, cybercrime and ransomware attacks cost companies $4 billion in
damages. As more companies shift to cloud environments, we’re seeing an increase
in demand for stolen access to cloud accounts and evolving techniques from
cybercriminals, making enterprises even more vulnerable to cloud threats.”

New research from Lacework Labs, the dedicated research team at Lacework that
focuses on new threats and attack surface risks within the

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