Category Archives: Cloud Computing
The Benefits of Multi-Cloud Computing Architectures for MSPs – MSPmentor
Multi-cloud computing architectures are the next step up from cloud computing.
If you're an MSP, it may no longer be enough to have just one cloud.
Here's why a multi-cloud strategy can helped managed services providers.
As the term implies, multi-cloud computing refers to the use of more than one cloud.
A multi-cloud architecture could involve multiple public clouds -- such as AWS, Azure and Google Cloud Platform.
Multi-cloud could also take the form of a mixture of different types of clouds -- a public cloud, a private cloud and a managed cloud, for example.
In the latter sense, there is some overlap between multi-cloud architectures and hybrid architectures, which mix public and private clouds together.
Think of hybrid cloud as one form of multi-cloud computing.
Multi-cloud is a broader category, because it involves mixing clouds of many different types.
What do businesses -- and MSPs in particular -- have to gain from a multi-cloud strategy?
Consider the following advantages of a multi-cloud architecture:
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The Benefits of Multi-Cloud Computing Architectures for MSPs - MSPmentor
Cloud Computing confirmed for Travers Stakes 2017 – Horse Racing … – Horse Racing Nation
Trainer Chad Brown confirmed Monday morning that Klaravich Stables and William Lawrence's Grade 1 Preakness winner Cloud Computing will enter the Grade 1, $1.25 million Travers Stakes 2017 presented by NYRA Bets, on Saturday, August 26.
By Maclean's Music, a son of multiple graded stakes winner Distorted Humor, Cloud Computing impressively won his debut by 1 lengths on February 11 at Aqueduct Racetrack. Second in the Grade 3 Gotham Stakes March 4 at Aqueduct, he went on to finish third in the Grade 2 Wood Memorial. Despite accumulating 40 points on the Kentucky Derby leaderboard, his connections decided to skip the race.
Making his first Grade 1 start in the second leg of the Triple Crown and sent off at odds of 13-1, Cloud Computing upset Kentucky Derby winner Always Dreaming and outdueled Breeders' Cup Juvenile champion Classic Empire to upset the Preakness with Hall of Famer Javier Castellano aboard.
Returning from his victory in the Preakness to run in the Grade 2 Jim Dandy, the traditional local prep for the Travers, July 29, Cloud Computing briefly put in a bid before weakening on the far turn to finish last as the 3-2 second choice in a field of five.
Cloud Computing has breezed twice over Saratoga's main track since the race, most recently working five furlongs in 1:01.65 last Saturday with Castellano aboard. Brown said he exited the work in good order leaving the trainer confident to enter him in the Travers.
"He couldn't have worked any better," said Brown. "I was very happy with the work and Javier was pleased, and he came out of his work well."
Brown said Castellano will ride Cloud Computing in the Travers, a race he won for a record fifth time when Keen Ice upset Triple Crown champion American Pharoah in 2015. Castellano also won with Bernardini (2006), Afleet Express (2010), Stay Thirsty (2011) and V.E. Day (2014).
With Always Dreaming and Todd Pletcher-trained stablemate Tapwrit, the Belmont Stakes winner, also expected to run, it marks the first time that the individual winners of all three Triple Crown races will meet in the Travers since 1982, when Runaway Groom upset Gato del Sol, Aloma's Ruler and Conquistador Cielo.
Source: NYRA (Najja Thompson)
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Cloud Computing confirmed for Travers Stakes 2017 - Horse Racing ... - Horse Racing Nation
Goldman Sachs just poured $45 million into a company picking up Amazon’s slack in the cloud – Yahoo Finance
thor culverhouse skytap ceo
(Skytap CEO Thor CulverhouseSkytap) Amazon Web Services is the big behemoth of cloud computing, followed by Microsoft Azure and Google Cloud.
The economies of scale of cloud services mean that it's very difficult for any new players to compete unless they have theglobal reach and resourcesof those tech titans.
Difficult, but not impossible, especially if you zero in on an underserved part of the market. Take, for example, Skytap, a 10-year-old cloud computing service provider based in Seattle.
Skytap started as a project out of the University of Washington. It focuses exclusively on helping huge companies update their existing, old-school software for the modern age. By devoting all its energies to that one corner of the market, Skytap believes it can thrive even under Amazon's shadow.
"It doesn't make sense for us to go head-to-head with Amazon in their areas of expertise," Skytap CEOThor Culverhouse said.
Skytap already has name-brand customers includingGE Healthcare and NBCUniversal. And investors are on board too.
The companyjust announced a $45 million round of funding led by Goldman Sachs. That brings its total funding to over $100 million. If all goes according to plan, the investment will start an 18-to-24 month countdown to an eventual IPO,Culverhouse said.
Amazon Web Services got its start by focusing on winning over individual developers and small startups, including Slack and Airbnb, and reaping the benefits as those companies grew and expanded their usage.To that end, Amazon as well as chief rivals Google and Microsoft prides itselfon supporting the most up-to-date developer tools and methods.
By contrast, Skytap's sales pitch is it offers a cloud computing platform that's designedto behave like an old-school, legacy data center, makingit easier for enterprises to bring their existing large-scale applications to the cloud. And once those applications areinthe cloud, the company can offer customers a slew of benefits,Culverhouse said.
(Amazon Web Services CEO Andy JassyAmazon)
Similar to AWS, Skytapallows customers to easily add or remove computing capacity in line with their needs. And its support for trendy technologies like Docker software containers allows customers toslowly but surely modernize their software.
Skytap is starting to catch on with customers.The company's second-quarter revenue this year was three times higher than in the same period last year, Culverhouse said, although he declined to disclose the actualnumbers. Contributing to the company'sgrowth has beena resale arrangement with IBM, where Big Blue provides Skytap technology to its own customers.
As it ramps up for its IPO, Skytap is doubling down on what it's already doing, Culverhouse said. Currently, the company employs about 170 people; Culverhouse expects that number to double in the next year, with a focus on sales and engineering. Similarly, Skytap plans to grow its international presence.
microsoft scott guthrie
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(Microsoft Executive VP of Cloud and Enterprise Scott GuthrieMicrosoft)
What Skytap won't be doing is making moves that will put it more directly into Amazon's path, Culverhouse said. Instead, Skytap will continue to focus its energies on helping big enterprise customers bring their existing software into the cloud.
"That's where we can deliver the most value," he said.
Goldman Sachs has been busy in the tech sector of late. In addition to investing in Skytap, the venerable financial firm announced Monday that it also led a $44 million investment in database provider Redis Labs.
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Goldman Sachs just poured $45 million into a company picking up Amazon's slack in the cloud - Yahoo Finance
World’s Largest Open Source Cloud Computing Summit to be Hosted in Sydney – Business Wire (press release)
AUSTIN, Texas--(BUSINESS WIRE)--Sydney, Australia, will host thousands of cloud computing experts from more than 50 nations for the OpenStack Summit, November 6-8, at the Sydney Convention and Exhibition Center. This will be the first time the must-attend open infrastructure event has been held in Australia where users like American Airlines, China Railway, Saudi Telecom, Commonwealth Bank, Defense Advanced Research Projects Agency (DARPA), Sprint and Tencent/WeChat will talk about multi-cloud strategies, cost savings and increasing agility with OpenStack.
The biannual OpenStack Summitheld previously in major cities like Paris, Tokyo, Vancouver, San Francisco and Barcelonawill draw thousands of developers, operators, cloud architects, business unit leaders and CIOs from the worlds centers of IT innovation.
Headline sponsors of the Summit include Sydney-based Aptira, global networking leader Cisco, and WeChat provider Tencent, as well as premier sponsors Huawei, IBM, Intel, Mirantis, Red Hat and VMware.
Speakers will report on strong OpenStack adoption among financial services, telecoms and research organizations including: AT&T, Monash University, The Garvan Institute, DragonFly Data Science, Paddy Power Betfair, Verizon, Workday, University of Melbourne, PayPal, Catalyst IT, GoDaddy and Overstock.com.
Discounted Registration
Discounted Early Bird Registration is available until September 8. Sponsorship packages are available until September 27.
Enterprises and service providers in Australia were among the earliest adopters of OpenStack, so its exciting to bring the Summit and thousands of community members globally to Sydney, said Jonathan Bryce, executive director of the OpenStack Foundation. The rapid growth of OpenStackin excess of 40 percent year over yearmeans theres lots to talk about at the Summit in terms of compelling new use cases, instructive new user stories and proven best practices for both developers and cloud operators.
Summit Themes for Sydney
Themes at the Sydney OpenStack Summit include current topics for enterprises like how to build effective multi-cloud strategies. Attendees from carriers and service providers will learn more about how OpenStack is leading in edge computing. Other themes include innovation in open and composable infrastructure, collaboration with adjacent open source communities, digital transformation and infrastructure control. The CFO perspective on business growth and infrastructure cost reduction will feature prominently in many sessions.
OpenStack Summits help IT leaders plan their cloud strategies while sharing real-world experiences operating or consuming OpenStack clouds. During the three-day event, attendees will have the opportunity to hear keynote presentations featuring innovative use cases and live technology demonstrations. They can choose from hundreds of sessions and hands-on workshops for every experience level and organizational role. The Summit offers networking opportunities during the Monday evening Marketplace booth crawl happy hour and the Tuesday afternoon Melbourne Cup viewing party. Learn more about OpenStack Summits and users at the official OpenStack publication, Superuser.
Cloud Application Hackathon to Kick off the Week
The weekend prior to the Summit, a cloud application hackathon will be hosted by the Sydney OpenStack User Group to kick off the event. Hacking Up the Stack will be held November 3-5, at the Doltone House in the Australian Technology Park. OpenStack application hackathons are intended to educate developers on how to build and migrate applications to distributed cloud environments, as well as showcase the diverse use cases for OpenStack. Recent application hackathons have been held in Mexico and Taiwan. More information coming soon: http://hackathon.openstack.org.au/.
Media and Analyst Registration
Members of the media and analysts covering cloud computing can contact Jennifer Fowler (jennifer@cathey.co) for information about event registration.
About OpenStack
OpenStack is the most widely deployed software for public and private clouds, with more than 5 million compute cores in production. It has become a standard for private clouds and is also available via dozens of public cloud providers globally. At its core, OpenStack is an open source integration engine that provides APIs to orchestrate bare metal, virtual machine and container resources on a single network. The same OpenStack code powers a global network of public and private clouds backed by the largest ecosystem of technology providers, to enable cost savings, control and portability.
OpenStack is a global community of 80,000 members supported by the OpenStack Foundation, which facilitates the development of many innovative projects in the open infrastructure space. The community delivers two software releases each year, which are Apache 2 licensed and productized by a large ecosystem of technology vendors in our Marketplace. For more information and to join the community, visit http://www.OpenStack.org.
AT&T, GE and Oracle offer juiciest cloud salaries, new data reveals – Cloud Tech
Cloud computing skills continue to be in high demand and new figures from PayScale reveal that AT&T, General Electric and Oracle provide the best remuneration for top performers.
The figures, first reported by Forbes, cover a variety of metrics, from employers, to different roles, to company size and years experience, with the data coming from more than 1000 US-based respondents in each case.
If you want to make the most money from your cloudy career, then enterprise IT architect, with a median salary of $138,051, just pips senior solutions architect, with $132,092, as the role with the best remuneration. Solutions architect ($122,593), IT architect ($120,811) and senior systems engineer ($106,170) also broke the six-figure barrier, compared with DevOps engineer ($97,135) and software engineer ($95,962).
When it came to specific companies, AT&T offers almost a quarter of a million dollars ($248,323) for their most experienced roles, with GE and Oracle the only others to offer more than $200k. Comparing against the salary data for the four hypervisor cloud infrastructure vendors, IBM came out with a top salary of almost $175k, with Microsoft ($166k) and Amazon ($164k) close behind and Google albeit with less data to work from at $115k.
Perhaps not surprisingly, larger organisations pay more, although the increments do not entirely match. Organisations with fewer than 600 employees will pay below $116k on average, however the salaries based on more than 100 figures do not see a noticeable pattern (2000-4999 employees, $124,059, 5000-19999, $123,569) until the largest category, enterprises with more than 50,000 employees, whose average salary is $129,291.
These figures may add colour to a UK study released earlier this month by IT resourcing provider Experis, who warned that while the number of cloud vacancies almost doubled at a 97.73% increase year on year, salaries for permanent roles only went up 2.7% on average.
The reasoning, Experis argued, was that as roles for companies maintaining, optimising and enhancing their existing cloud platforms proliferated, less specialised skills were needed for them, making them easier to fill and pay growth to stumble accordingly.
As a result, getting the best certifications is vital to forging a successful cloud career. Writing for this publication earlier this year, Alex Bennett, of IT training school Firebrand Training, put down six of the most sought-after specifications in the industry, from AWS, to Microsoft, as well as the (ISC)2 Certified Cloud Security Professional (CCSP) certification.
You can take a look at the full data here.
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AT&T, GE and Oracle offer juiciest cloud salaries, new data reveals - Cloud Tech
Cloud computing in focus at e-Commerce forum – Oman Tribune
SALALAH
The Fifth International Conference on Electronic Commerce on cloud computing was opened under the patronage of Minister of Legal Affairs HE Dr Abdullah Bin Mohammed Al Saeedi in Salalah.
The two-day conference is organised by Oman Chamber of Commerce and Industry (OCCI) Branch in the Governorate of Dhofar and the Middle East Centre for Consultancy and Studies under the theme Cloud Computing and Future Prospects.
The conference contained working papers, including Cloud Computing and its Economic Impact in the Arab Countries, and International and Local Experience in Cloud Computing, as well as Applications and Solutions in Cloud Computing, and Digital Transformation and the Use of Cloud Computing.
During the conference, an open discussion session was held on several legal visions that would raise awareness on the importance of cloud computing.
The opening ceremony of the conference was attended by HE Sheikh Salim Bin Mustahail Al Maashani, Adviser at the Diwan of Royal Court, HE Dr Khalid Bin Salim Al Saeedi, Secretary General of the State Council, Abdullah Bin Salim Al Rowas, Head of OCCI Branch in Dhofar, and experts in the field of cloud computing.
Oman News Agency
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Cloud computing in focus at e-Commerce forum - Oman Tribune
Cycle Computing will make Microsoft Azure more appealing to more enterprises – TechRepublic
Image: Microsoft News/Phil Wilkinson
For years, TechRepublic has been touting the benefits of cloud computing for business enterprises. As information technology has evolved with ever-increasing innovation, those benefits have continued to multiply. Big data, IoT, artificial intelligence, and big computing all require computational power that often exceeds the capacity any single enterprise can provide. So unless your enterprise is extraordinarily large and technology rich, cloud computing is the only practical answer.
However, there are hurdles to overcome, both technological and cultural, before an enterprise can begin to take advantage of cloud computing computational services. No matter how many assurances are made, many enterprises are uncomfortable with the idea that their data will be "off-premises" on another system. In those situations, enterprises need specialized guidance.
In August 2017, Microsoft acquired Cycle Computing for an undisclosed amount. Cycle Computing specializes in helping enterprises orchestrate high-performance computing jobs, large data workloads, and other big computing jobs in the cloud. Microsoft will use Cycle Computing's expertise to supplement the tools already in place for its Azure platform.
Cycle Computing specializes in providing guidance to enterprises looking to use cloud-based high-performance computing (HPC) and other big computing, intense computational services. Successfully using those types of services requires a certain level of expertise that many enterprises do not possess and can't afford in-house.
Enterprises of all sizes are uncovering situations where the need for HPC services is obvious, but the path to taking advantage of cloud-based computational power is unclear. A company like Cycle Computing, with all of its tools and expertise, can provide guidance and reveal the correct path for these enterprises to follow.
According to the announcement by Jason Zander, Microsoft will use Cycle Computing to help shore up its ability to provide support for Linux HPC workloads. By eliminating a potential hurdle for many enterprises seeking scalable computing power, Microsoft hopes to further accelerate the adoption of cloud-based solutions.
The acquisition confirms Microsoft's commitment to a business strategy that emphasizes its intelligent cloud services. Combine the acquisition of Cycle Computing with the July 2017 acquisition of Cloudyn and you can see a pattern emerging. Microsoft wants to make Azure the most complete, most versatile, and most user-friendly set of cloud computing services available. These acquisitions are designed to eliminate any and all barriers to cloud services adoption in the enterprise.
No matter how fantastic your service or product, the first barrier to overcome when establishing a new market is the inherent enterprise inertia and resistance to change of any kind.
Whether it is increased storage capacity, a collaborative work environment, or super-computational power, it is obvious that Microsoft believes the answer is its intelligent cloud infrastructure and Azure services. The acquisition of Cycle Computing is just another piece of the overall full-service puzzle.
By offering the tools and experienced personnel necessary to orchestrate a sensitive big computing job, Microsoft believes it can make Azure and its myriad services more appealing to more enterprises. The previous success of Cycle Computing suggests that Microsoft may be correct in that assessment. Adding that kind of expertise to Azure will certainly help overcome enterprise inertia.
Could your enterprise use some high-performance computing power? Share your thoughts and opinions with your peers at TechRepublic in the discussion thread below.
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Cycle Computing will make Microsoft Azure more appealing to more enterprises - TechRepublic
Business continuity is the ultimate killer application for cloud – ZDNet
A couple of decades back, I had the opportunity to tour a World War II-era tank factory that had been converted to an IT disaster recovery center. It had all the amenities: sleeping quarters, kitchen, and of course, every system conceivable for the two-day process of bringing an enterprise's operations back online from tapes.
Now, cloud compresses that whole process to seconds. No cots or tapes needed.
While cloud computing delivers advantages at many levels, for IT executives and professionals, there's one benefit that outshines anything else: cloud offers great insurance against disasters or outages.
That's the takeaway from two recent industry surveys, which looked at cloud's value as it now approaches its second decade in the enterprise. A recent survey of 100 IT executives from Commvault finds data protection ranking as the top use case for cloud, cited by 75%. Its value as a data storage platform was the second benefit cited, coming in at 73%.
To be sure, IT managers recognize that business leaders are finding cloud delivers advantages above and beyond operational IT concerns. Customer focus through business agility ranks as a top business-side driver, followed by cost savings, then the ability to deliver greater innovation, and product innovation.
But along with business continuity and backup, cloud is useful as a medium to replace tape storage, as well as a way to move away from legacy apps and infrastructure. IT managers also saw cloud as providing a way to move IT staff themselves from maintenance mode to more innovative roles.
Another survey of 443 IT professionals from Druva puts a fine point on the drive toward cloud as disaster recovery protection. Disaster recovery, workload mobility, and archival automation were all strong adoption drivers, with many organizations looking to save money and maximize IT initiatives focused on simplifying their infrastructure. The Druva survey concentrated on the VMware user base.
Data protection of virtual infrastructure is a key driver for cloud adoption, the Druval survey finds, reporting that 82% of those surveyed cited disaster recovery as a critical reason to move to the cloud.
While both Commvault and Druva have stakes in these results -- they are both in the data protection business -- it's notable that IT managers are aggressively entrusting their data and business continuity to cloud providers. A few years back, cloud was seen as more of a risk than a safe haven.
At the same time, the ultimately responsibility for data security, protection and backup still is on the enterprise, not the cloud provider. The best strategy may be hybrid: cloud backs up on-premises data, and on-premises systems back up cloud data. As the Druva survey report's authors put it: "while initially the IT community was skeptical about the cloud's robust security, these perceptions are changing as professionals understand how it reduces the possibility of costly downtime and promotes productivity." Forty-two percent intend to have virtual infrastructure both on-premises and in the cloud.
As one CTO in the Commvault survey put it: "I think there's a misunderstanding about data and the cloud in general that falls into two camps. One camp is people who think it's in the cloud so the data is automatically recoverable. The second camp is the people who think it's in the cloud, but they need to make a copy. What people need to understand is the restore procedure. What does it mean? Is there a standby server? And if so, is there a hot standby or a warm standby? I think many CIOs need better explanations of that recovery process than they currently have."
Another CTO panelist put it even more bluntly: "If the SaaS company evaporates with your data, it's not just their problem, it's yours."
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Business continuity is the ultimate killer application for cloud - ZDNet
Manage containers in cloud computing to prevent sprawl, cut costs – TechTarget
Containers in cloud computing simplify and accelerate application deployment, but the ease with which users spin...
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them up can result in overuse. When this happens in the public cloud, container sprawl can drive up costs alarmingly.
Fortunately, container sprawl is manageable, but enterprises need to take control early and fight to keep it. And above all, remember that not all container sprawl management practices will address cloud costs.
VMs were the first popular virtualization strategy, but it was clear that companies could take virtualization too far, complicating both host management and application deployment.
Containers in cloud computing, and in the data center, offer a way to create virtual hosts that share an OS and some middleware on a physical server. This enables organizations to deploy more containers per server than they could with VMs. This also means, however, that the number of hosts in a data center can multiply even more and, because container systems are easier to deploy, organizations don't encounter management complexity as quickly as they do with VMs.
In the public cloud, container sprawl management is a challenge, but cost can be a bigger one. If containers in cloud computing proliferate, provider charges can increase drastically. And even worse, most recommended steps to overcome container sprawl are intended to reduce management complexity, with little impact on cloud cost.
If you want to control public cloud charges for containerized applications, reduce the number of container hosts you deploy. Evaluate these three options to accomplish that -- and to save money.
Many container users overcomponentize, which means they break up applications into loadable images that are smaller than needed. Don't separate components if you're not going to reuse them differently. Ideally, combined components should be adjacent in workflows, because that will shorten data paths and improve performance. Fewer application components also mean less complicated operations and easier, cheaper management.
Review the components of any containerized applications in your data center that are targeted for public cloud deployment. To reduce hosting charges, ensure you have the minimal useful number of containers before you shift to the cloud.
The second option to reduce the costs of sprawl is to combine VMs and containers in the public cloud. To do this, host your container system, such as Docker, inside an infrastructure-as-a-service platform. If you use many public cloud containers via a container service, you will likely be charged per container. But if you host a VM in the cloud and then create your own container hosting image in it, you could end up with a lower overall charge per container. However, this isn't a guarantee, and there are still issues to address with this model.
For example, the addition of VMs between a container OS and bare metal will impact performance. Users report that, at best, you'll lose about 25% -- and as much as 40% -- of machine performance versus running containers in cloud computing directly. You'll need to see significant cost benefits to justify this approach and choose your applications carefully. If containers host application components that don't use many resources, such as I/O or CPU and memory, but have to stay resident most of the time, this VMs-and-container approach can work.
The third option is to replace some containerized components with serverless components. This addresses the problem of sprawl directly, because it lets users pay for the processes they actually use, rather than the hosting points they consume. The problem is that organizations often need to redesign applications or components to run in a serverless model.
With serverless computing, applications are divided into a series of simple components that are loaded and run when and where organizations need them. Just like the VM hosting of a container system works best when you have many containerized components with infrequent use, serverless computing is made for that kind of application. You can have thousands of application pieces on call, and if the call doesn't come, you pay nothing.
Before you adopt serverless computing, review the available frameworks from major cloud providers, such as Amazon Web Services, Google Cloud Platform and Microsoft Azure. Serverless computing is more than just a different kind of programming; it's a whole new model of applications. You'll need to grasp the full context of it to take advantage.
Get to know important terms related to containers
Pick the right provider for containers as a service
Solve hybrid cloud challenges with container orchestration
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Manage containers in cloud computing to prevent sprawl, cut costs - TechTarget
Cyberattacks Rain Down on Cloud Computing Infrastructure … – Bloomberg BNA
Hurricanes, blizzards, derechos,and tornadoes can wreak havoc on a companys physical infrastructure, causingserious monetary damage.Companies and insurers that include long-termweather forecastingin their risk analysis may want to consider anotherthreat. Corporate leaders need to be aware that there is a massivecybersecurity storm threatening U.S. technology companies and those that rely ontheir services.
Companies that rely on cloud computing services, such asMicrosoft Corp.s Azure, are increasingly facing cyberattacks and phishingschemes as cybercriminals learn more sophisticated measures to gain valuable data,according to Microsofts most recent Security Intelligence Report. Cyberattacks on Microsoftscloud-based user accounts have increased 300 percent from Q1 2016 compared toQ1 2017, the report said. Additionally, fraudulent log-ins from maliciousinternet protocol (IP) addresses increased 44 percent in the same period, itsaid.
Many of the cloud-targeted cyberattacks are linked tohome-grown U.S. threats, but they also come from nation-state actors such asChina, Microsoft said. According to the report, two-thirds of the attacks onMicrosofts Azure web service in Q1 2017 came from internet protocol addressesin the U.S. (35.1 percent) and China (32.5 percent). South Korea is third onthe list, accounting for only 3.1 percent of the attacks with 116 othercountries following behind, it said.
Cyberattacks from other nation-states, however, can beequally destructive and account for many of the other attacks on techcompanies, political entities, and news organizations. Cyberattacks linked toNorth Korea, Russia, Syria, and other countries have become more prevalent inrecent years. Attacks on Sony PicturesEntertainment Inc., the Democratic National Committee, the New YorkTimes Co., and even the U.S. Army illustratethe cybersecurity risk to U.S.-based companies and organizations.
Cloud-based services arent the only technology systemsunder attack. Recent large scale ransomware-like attacks, including Petyaand WannaCry,struck at the core of many multinational companies and organizations includingOreo-maker Mondelez International Inc., shipping magnate A.P. Moller-Maersk A/S,and international law firm DLA Piper.
Companies in the U.S., however, fared much better inransomware attacks than their European counterparts, the report said. Theseattacks hit European companies at a higher rate than the rest of the world.Companies and organizations located in the Czech Republic (0.17 percent), Italy(0.14 percent), Hungary (0.14 percent), and Spain (0.14 percent) saw thelargest amount of ransomware encounters, the report said. But, Japan (0.012percent), China (0.014 percent) and the U.S. (0.02 percent) were hit at thelowest rate, it said.
Although Microsoft said in a recent blogthat it invests $1 billion annually on cybersecurity, it and other industrypartners may need to spend more if cloud-based and ransomware attacks continueto rain down.
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Cyberattacks Rain Down on Cloud Computing Infrastructure ... - Bloomberg BNA