You have a business located in the core area of the city. Your CIO
has ensured that the necessary software and hardware are provided to the
employees within the premises of the company and they can smoothly operate from
the office. The office has well-protected server rooms where servers host all
the data your business needs and runs on. Your employees come down to office
regularly, work in a secure environment and ensure that the business is run
What if someday one of the servers hosted in the premises of your
development center suffers from an attack and your data is stolen?
What if someday a disaster hits your development center and your
employees cannot access the office setup? How will they continue the business
till the situation is back to normal?
Such problems can cause a huge loss to your business, huge enough
to give you sleepless nights. But with the advent of Cloud Technology your
business can now breathe easy and be immune to such scenarios. Use cloud
storage systems and your employees could access all the data from any location.
The security cloud storage offers and the cloud back-up helps your data be safe
and immune to attacks. There are multiple such advantages of using cloud for
your business. But there are hardly such things which do not have any risks
associated with them; cloud technology also has its own set of drawbacks which
might put your business at more risk than you think. Have these risks and your
business’s ability to take on these risks understood before you get your
business into clouds.
Cloud technology needs internet connection for its operation and
so does one when data from cloud needs to be accessed. Any system which is tied
to internet can suffer from interruptions any time. If such outages occur when
you are in the middle of a task or you are doing a transaction, you may face
delays or the loss of data. Most common example of this is failed payment
Companies generally prefer choosing a centralized provider for
their cloud requirements and services. If the provider faces any outages or
interruptions and his services become unavailable, all the associated
applications will suffer till the situation is back to normal. Though for a
short time, such interruptions can seriously affect productivity.
There is no doubt that cloud computing is more secure than the
servers in your server room due to the usage of multi-factor authentication and
such methods. But, the hackers out there are also improving their skills. And because
of significant amount of data contained in cloud environments, these are the
favorite targets of hackers.
You set-up a cloud environment for your business with the help of
a service provider and it starts running smoothly. But after a few years, you
might want to migrate to a different cloud or a different service provider
altogether. There is a huge risk of losing data or of unsuccessful migration
which can bring your applications to a halt and you might choose to roll back
Access Management Risks
It’s imperative to have your employees access the cloud
environment for doing regular business activities. But they can pose a bigger
threat to your online business if there is no access management system in
If user’s accounts are not managed properly, then user may access the
systems even after leaving your organization or project in which case your data
might end up being available to your competitors.
Also if the users don’t follow the good practices for passwords or
system access; or disclose confidential information on social networks, your
systems become vulnerable to intruders and may suffer attacks from hackers.
Data Protection Risks
As per Data Protection Act the business is bound to protect the client
data comprising of personal details, financial details, etc. If such sensitive
information gets stolen from public clouds and your systems, with inadequate
controls, are proven to be at fault, there’s a huge risk of your business
getting prosecuted for violating the Data Protection Act.
All of the above mentioned risks can definitely be minimized by
ensuring that the cloud service provider actually satisfies the concerns your
business has. Ultimately the responsibility lies with the business owner to
understand all these risks, have the risk analysis of the business done and
then decide whether your business is ready to on cloud.