While Venom deals with virtualization platforms—thus affecting cloud providers and their users—Heartbleed affected OpenSSL encryption, which is the encryption layer that is used to protect much of the web. Virtualization platforms include virtualization software that allows users to manage cloud computing and other virtual spaces.
But just because Venom's bite is limited to virtual environments doesn't mean it should be taken lightly, Chronister said.
"Last year we had some very big vulnerabilities that everybody hears about. Heartbleed, Bash, Shellshock, but all these small ones, like Venom, people just don't understand. They hear the 'cloud' and they think it is this entity out there, they don't realize it is structured and people can take advantage of the weaknesses there," Chronister said.
And because more companies are turning to cloud computing, bugs such as Venom have the potential to do significant damage, security experts said.
"These types of vulnerabilities happen all the time. And you don't know who else is on this virtual environment and you can set yourself up for having your system compromised because of these issues with the virtualization software," he said.
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