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Why managing third party risks in the cloud is critical for Apac enterprises

Jay Jenkins
Jay Jenkins • 4 min read
Why managing third party risks in the cloud is critical for Apac enterprises
For organisations part of a larger (public) cloud, the software itself could be a target for an attack. Photo: Unsplash
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Cloud architectures are increasingly becoming more complex – bringing with them a growing element of risk. Even as a vast majority of Asia Pacific (Apac) businesses rank the cloud as critical for their strategy, many find themselves victims of data loss and cyber-attacks ranging from malware to distributed denial of service.

According to a recent IDC Market Forecast, the public cloud services market in Asia Pacific will reach a staggering US$153.6 billion in 2026, putting pressure on companies to plug any gaps in their cloud infrastructure. Third-party risks in particular, can pose a real threat to businesses.

Often, third-party vendors use platforms that can create varying threat levels based on the type of data being hosted within those services. As a result, it is crucial businesses are aware of detected and undetected threats, especially as hackers can operate within those hosts and remain undiscovered for long periods of time.

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