Cloud data storage has taken off in popularity across industries including financial services and with credit unions. However, security researchers are warning organizations their private content may be available publicly.
Making sensitive data available to unauthorized users on Amazon's cloud-based Amazon Web Services storage servers (known as buckets) is not new. Over the last year-and-half or so, FedEx, Verizon, the Pentagon, Uber, Verizon, Alteryx, the WWE, the NSA, Dow Jones and some data mining companies have exposed data via misconfigured storage buckets resulted from information exposed on unprotected AWS data repositories.
“All indications suggest that those reports are just the tip of the iceberg, and many more firms are putting themselves, their partners, and innocent members of the public at risk through careless data security,” a BBC report wrote.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
