The risks of cloud computing on cloud technology is a vital issue to implement a cloud computing model. How to secure the cloud is a vital question at present. The cloud security specialist spends a lot on the cloud application. However, some of the specialists arrange cloud computing training to avoid security threats.
The risks involved in a private cloud, public cloud, hybrid cloud, or even multi-cloud. SaaS, PasS, and IaaS service providers are also offering some control measurements to avoid cloud computing risk on cloud technology.
Risks Factors of Cloud Computing
Some of the Risks of cloud computing on cloud technology are as follow:
1. Unauthorized Access to Business Data
The criminals dislike working. They target any business network to trap. The cloud service accumulates data from hundreds of business networks. The business thinks that the giant cloud service provider is capable enough to protect their data.
However, when the business uses cloud service, the bad persons make the specific target to track the transaction history. The problem may arise from both ends, like the user end and cloud service provider end. The bad person may have a network to accomplish their target. When the bad person gets access, then they make unauthorized access to business data.
2. Cloud Security Risks at the Vendor
There is tension at the vendor end of the business owner regarding the risk of cloud security. Statistics show that less than 10 % of big business goes for cloud computing. To tell very frank that very few financial institutions are going for the cloud application.
There is a question regarding the transparency of the cloud service provider staff. It is unwise to keep sensitive data on the cloud network. Moreover, the character of vendors and the security of the cloud vendor is also a consideration.
3. Compliance and Legal Risks
The business has to ensure the regulatory issue of data security. The list may be government service, healthcare, and banking sector, but regulation is a must. Some of the compliance issues are where to reside the data, who can access it and how it is to protect.
There is a consideration of government rules regarding the breach of contract, digital theft, and cybersecurity. Types of the contract is another issue. If it is not in writing, then at any time, the vendors can deny the security issue.
4. Risks of Control
Another risk of cloud computing on cloud technology is the control mechanism. The question is who will control the database. The owner of the data is the business himself. On the other hand, the owner of storage is the vendor.
So both should have the win and win situation. The main theme at this layer is trust. Another issue may arise while changing the vendor. The vendor keeps the user in such a way, and then the user has nothing to do. This problem is called vendor lock-in.
5. Availability Risks
There is a lot of risk in cloud computing. Some of the major risks are 404-error-not-found, ISP risk, slow internet speed risk, the risk of unauthorized access, bad request, etc. Cloud risk of natural calamity like bad weather, Tsunami on the data center, DDoS attacks can be discussed with importance.
Some cloud service provider offers 99% uptime which means 1% downtime. In 365 days, 1% downtime means 3.5 days stoppage of work. Could you please imagine the business loss of 1% server down?
I hope you have got a clear idea of what’s the risk elements available in cloud computing. We should always remember that technology doesn’t always bring benefits but comes with some disadvantages also. So while using any technology elements in our working environment, we must be more conversant about the concerned matter.