Could Public Cloud Breaches Drive A Resurgence In Private Data Centres?
ArchitectingIT, Tuesday, July 25,2023
News of a recent hacking attack on Microsoft's cloud platform had me wondering whether the risk of potential data exposure could drive some businesses back into private data centres. The current growth in spending on the cloud says not, but other hacks may prompt a rethink in strategy.
Background
The hack in question was a zero-day exploit on a Microsoft API (GetAccessTokenForResourceAPI) that enabled Chinese hackers to gain access to a limited number of sensitive Exchange Online and Azure AD accounts (including the US State Department). Microsoft has stated that the exploit has been patched and denies that any wider exploit on the Azure platform has taken place.
Elsewhere, a wide range of organisations have been affected by the MOVEit hack, exploiting a data transfer tool as a way to exfiltrate data. The potential loss in this instance could be as much as $100 million in ransom payments, according to one source.