Why are hackers increasingly targeting cloud?

Grazed from Computing. Author: Danny Palmer.

It seems barely a day goes by without news of a large organisation suffering a data breach as a result of criminal activity. Be it Hilton Hotels, the Office of Personnel Management or Ashley Madison, hackers have been able to break into their networks and steal the private information stored inside.

There has long been an argument over whether data stored in the cloud is more or less secure that that maintained behind the firewalls of the organisation. Cloud vendors unsurprisingly vouch for their services, but CIOs have expressed concerns that cloud computing is reducing their organisation’s control over IT and creating long-term security risks…

While there have fewer cloud hacks have hit the headlines, the demise of Code Spaces, which was hacked through its AWS control panel in 2014, served as a wake-up call. Meanwhile, a recent report by Alert Logic suggested that hackers are increasingly attacking cloud infrastructure, which they see as a "fruit-bearing jackpot" of data…

Read more from the source @ http://www.computing.co.uk/ctg/analysis/2430444/why-are-hackers-increasingly-targeting-cloud