Cloud Computing Outlook

The Advantages and Risks in Cloud Computing

By Cloud Computing Outlook | Friday, May 17, 2019

The technology of cloud computing has completely changed how organizations used to work. Although cloud computing started as a technology that allowed storage and access to vast quantities of data through the internet, now it serves a host of other purposes. From storing to managing, cloud computing has simplified all the tasks, and companies have been able to decrease their dependence on IT professionals.

The advantages of using cloud computing are many. Cloud computing is cost-effective, provides professional assistance in case of difficulties, offers vast amounts of storage space which can be expanded anytime,  allows access of data from anywhere and sometimes enables companies to analyze the stored data using tools available on the cloud.

These advantages do entice numerous companies into opting for cloud computing services, but not everyone is aware of the risks involved. No technology is completely foolproof. The cloud-based storage facilities are no different. There are chances of data loss, and sometimes, recovery is not possible. To prevent any accidental loss of data, companies should keep backups at more than one CSP. An awareness regarding risks must be discussed in advance.

Many companies use the same cloud services for their business. In case of security risks or attacks on the data of one company, the data of all other client companies might become vulnerable. Hence, clarity regarding the policies about data retrieval in case of lapses should be acquired beforehand.  Sometimes, the CSPs do not comply with the standards and regulations. Before opting for any cloud-based service, it is essential to check if adequate measures are in place or not.  The employees in the organization which opt for cloud computing services are sometimes not aware of how cloud computing works. Due to this, there is a chance of mistakes being made by them. To avoid such errors, the companies should ensure that the employees are trained about it.

A few straightforward strategies that can help mitigate threats associated with cloud-based services include a zero trust approach which has to do with limited access or no access to unauthorized sources, learning from previous cases of mistakes, carrying out encryption and regularly changing the encryption code. A careful approach while using cloud computing creates a safety barrier against any attacks and threats.