McAfee says corporate cloud networks being targeted with Cyber Attacks

As corporate companies across the world have initiated their employees to work from home, the pressure on corporate cloud networks is said to have increased immensely. And according to a report released by Cybersecurity firm McAfee a spike in external hacks by 600% is being observed from the past few weeks.

McAfee reached the said estimate after analyzing the data from over 30 million users visiting its MVision Cloud service and concludes that the security delivery models need to be changed on a fundamental note to cater to the needs of the current cyber landscape.

“To maintain communication and collaboration between their staff to complete tasks during remote working, companies have adopted to new cloud services. And this is where it is getting hard to isolate the infrastructure from cyber threats” said Nigel Hawthorn, the Data Privacy expert for Cloud Security, McAfee.

Threat events from external actors have surged by 630% in the past two months and the most affected was Microsoft 365 users which were targeted on a frequent note by hackers to steal credentials.

If used formidably, Cloud services are the safest platforms to do business and can help achieve immense business growth through innovation and resiliency.

So, to mitigate risks associated with cloud usage, users should deploy cloud-native security solutions that can detect and prevent external attacks and data loss from the cloud and the use of unmanaged devices.

Note- McAfee Cloud Adoption & Risk Report was compiled from the data gathered by 30 million McAfee MVision Cloud users who spawn over billions of distinctive transactions and policy events in the cloud every day.

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Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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