5 Risk Factors in Cloud Computing

Increasing number of businesses have started shifting to cloud based computing services. There is no IT support yet the cheap and easy cloud makes for a real deal. Companies suffer from high risk factors as there are security issues surrounding cloud computing. Third party management of files and applications are posing grave threats to businesses. There is but not other way than to rely on outsiders for data security. Costs to continue with cloud processes are cheaper but not hassle free. There are many organizations that are wary of using the cloud services. This rising concern is quite valid. People need to think twice before moving to the cloud.

Risk Factors in Cloud Computing

Data remains largely unprotected

Since all data is recorded online hackers looming large can easily access online activities and modify application data. Confidential and important information on permissions, sessions and login details can be hijacked. With the rise in cyber crime, nothing is safe. Businesses must avoid using sensitive information like credit card details (delete theme after using), crucial information shared on social media networks and enable sound monitor systems to manage logs and network transactions.

Danger gets Shared

With your own infrastructure remaining largely at risk, threats are shared by your clients. Your networks must be prevented from being compromised. You can have a wide network of clients depending on you with their bulk sensitive data. If you are to protect your own as well as your client systems you need to check for cloud service providers who engage in comprehensive measures like multifactor credentialing, segmented networks and virtualization. Increased numbers of clients are worried about security issues. Credentials of a brand are very important in deciding whether to choose them or not. All security controls must be put on client networks.

Hacking of Interfaces

Cloud services have gained considerable importance over the years. Dependency on cloud has also increased with ease of use and cost effectiveness. Client systems rely heavily on APIs in order to use the cloud services. Security of the APIs determines how safe and secure the interactions are.

Application and software development most commonly take place in cloud environments. Third party software developers create apps and software using these cloud interfaces and make all interactions and credentials open to the hackers. Vulnerabilities of the cloud servers and architectures fall into risk of being hacked and compromised.

Exposure can be reduced by performing regular testing and code reviews.

Read Also: Importance of Mobile Cloud Computing

Low level Integration

Companies without experience are at major risk of getting involved in interface hijacks, hacking, back end system compromises. Inexperienced handling of problems involving crucial areas like protocols, application design and configuration further adds to the growing challenges. Teams working within organizations must have knowledge on technical aspects of cloud environments and challenges surrounding them.

Risks impact security levels, legal aspects and hampers performance greatly. Deep understanding of technicalities and imminent risk factors will help companies overcome hassles.

Data breaches

Several industries maintain bulk data containing personal records of people and their families. Financial and health sectors are considered most lucrative by hackers. Valuable patient information is a thing of concern for health sector individuals.  Hackers keep a sharp eye and perform data breaches. Information gathered from patient records are sold in the black markets at high value.

It is important for cloud service providers to have data encryption, multifactor credentialing and provide alerts to minimize damage. Data breaches can be detected and further damage can be controlled.

Location Problems

When you choose your cloud service vendor you must research well on their privacy statements and security laws. You must know where your data will be stored. If possible choose vendors from your time zone for better communication.

You must also be aware of the service provider’s legislative and regulatory statements and requirements. You are storing personal data and it must be at no risk whatsoever. Being aware of the legislation and regulation requirements in the specific geographic location will bode well for you in case of future problems.

You must choose local agencies or well recognized vendors. Outsourced agencies can work well for you as they take care in bringing about smooth and secure business management. There are numerous overseas vendors who will take care of your mobile and cloud computing needs without the need for you to rack your brains.

Read Also: Cloud Application Development – A Crucial Tool for Enterprises

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