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The top 5 risks of cloud computing

Businesses operating across a diverse range of sectors are opting to use cloud-based solutions to increase efficiency, optimise productivity, and streamline processes.

Even though there are many advantages that come hand in hand with cloud computing, there are also a number of risks to keep in mind. And although there are ways to mitigate these risks, failing to understand them can make businesses vulnerable.

Whether you are currently reaping the benefits of using cloud computing or you’re thinking about investing in cloud-based solutions for your business, it’s important that you know the risks so that you can implement security measures that will protect your business.

What is cloud computing?

Cloud computing is the delivery of computing services over the internet. It allows businesses to benefit from greater innovation, more flexibility, and greater access to data at the click of a button.

Where businesses once stored all of their digital assets, products, and services on private local networks or servers, more and more are turning to the virtual cloud instead. This means that data and resources can be accessed and distributed from any device or location.

How secure is the cloud?

Cloud services are designed to be secure and stringent measures are always taken to protect users’ assets and data.

However, it’s important to keep in mind that security concerns threaten all aspects of the digital world, every single day. Cybercriminals continue to take advantage of loopholes and vulnerabilities found in a vast range of different software, including cloud computing.

So it’s important that the necessary security steps are taken to protect data.

What are the security risks of cloud computing?

Here are some of the security risks that have been linked to cloud computing and that all businesses should be aware of.

Compatibility

Migration to the cloud can open up your system to security threats. Compatibility issues may occur between a company’s existing IT infrastructure, policies and security requirements, and those of the new cloud system.

Malware

Malware attacks are a common threat to cloud security, as more and more businesses move large amounts of sensitive data to the cloud.

A malware attack is when criminals use malicious software, known as malware, to gain access or cause damage to your computer or network. Types of malware include viruses, spyware, and ransomware.

However, by taking steps such as keeping your software updated, backing up your files regularly, and avoiding any suspicious files or links, it is possible to protect your data and system from these attacks.

Data loss

Data loss and leakage is a major security concern for businesses using the cloud.

There are, of course, steps that can be taken to protect your data. But cloud computing often requires businesses to give up some of the control of their security to their cloud service provider (CSP), putting it in the hands of someone outside their IT team. If the CSP falls victim to a breach or attack, your business may lose its data.

To minimise this security risk, ensure that your CSP has the appropriate security measures in place to avoid any loss of data.

Compliance

Data privacy and compliance are growing concerns for businesses, with compliance regulations and industry standards becoming increasingly stringent. To ensure compliance standards are met, businesses using cloud computing must have full control over who can access their data, and what data they can access.

System vulnerabilities

System vulnerabilities can be a common security risk in cloud computing. They can occur for many reasons, such as the integration of an insecure third-party application or poorly configured security tools with the cloud systems.

There are some steps you can take to address system vulnerabilities, such as encrypting your data and implementing security such as intrusion detection systems.

Why choose CHG-MERIDIAN?

Looking to upgrade your IT infrastructure? Look no further than CHG MERIDIAN.

Here at CHG-MERIDIAN, we can help you stay ahead of your competition with tailored solutions that keep you on top of the latest market technologies and trends. If you want an effortless way to promote, inform or share your content, get in touch today!  Our friendly, helpful and professional team is always on hand to help!

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