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During an extensive security review of your organization's cloud-hosted applications, you uncover a critical vulnerability in one of the applications. This vulnerability could potentially allow an attacker to gain unauthorized access and perform actions on the cloud server as if they were a legitimate user. Such actions could include accessing sensitive data, modifying system configurations, or disrupting service operations. Based on the nature of this vulnerability, which type of attack does it most closely resemble, and why is this type of vulnerability considered to be of high severity in the context of cloud application security?