Cloud: Risk and Challenges

November 4, 2024

Cloud computing has many advantages, but it also has its own set of risks and challenges. Some of the key considerations are:

  • Security Risks:
    • Data Breaches: Sensitive data stored in the cloud can be vulnerable to unauthorized access and breaches.
    • Insider Threats: Employees or contractors with access can intentionally or unintentionally compromise data security.
    • Malware and Ransomware: Cloud environments can be targets for malware attacks, including ransomware that encrypts data.
  • Compliance and Legal Issues:
    • Regulatory Compliance: According to the region and industry, the company needs to ensure that their cloud usage complies with regulations such as GDPR, HIPAA, or CCPA.
    • Data Sovereignty: When data is stored in the cloud, it may fall under a different country’s jurisdiction, depending on where the servers are hostedand this may create legal issues.
  • Data Loss and Recovery:
    • Data Loss: Accidental deletion, corruption or failure of cloud providers may lead to loss of data.
    • Disaster Recovery: Organizations should have backup and disaster recovery plans in place, and they must understand that some cloud providers may not have any kind of recovery system
  • Vendor Lock-In:
    • Less PortabilityDifferent architectures, APIs, and services vary from one provider to anothermaking it difficult to change providersthereby causing a lock-in
    • CostMigration requires high costs and downtime.
  • Performance and Availability:
    • DowntimesThe nature of cloud services will face downtimeswhich will lead to failure to provide operations to the company.
    • LatencyIf the service infrastructure was set up in a certain manner, users from other geographical locations will face latency compared to users in other regions.
  • Cost Management:
    • Bleeding CostsWhen cost is paid as used, it becomes expensive for unsuspecting users. This is because when it becomes pay-as-you-go then it becomes unexpected.
    • Resource management: When resources are mishandled, there becomes uncontrolled spend on the underutilized services
  • Challenges in Integration
    • CompositionMerging new Cloud services with the previously pre-leased on-premises will be complicated and very much energy.
    • API Limitations: Due to the differences in services, APIs may not communicate properly with each other.
  • Shadow IT:
    • Shadow IT: Employees may be using unauthorized cloud applications that increase the risk of security threats and compliance issues.
    • IT department does not know about it or cannot track or monitor the usage of these applications.
  • Training and Skills Gaps:
    • Lack of Know-how: Organizations may not possess required expertise to manage and utilize cloud resources effectively.
    • Ongoing Education: There is a need for continuous learning on the evolving nature of cloud technologies and practices.
  • Third-Party Risk:
    • Supplier Dependencies: The risks associated with third-party vendors are high if they lack strong security practices.
    • Service Level Agreements (SLAs): Organizations must ensure that the SLAs suit their needs.

 


 

Conclusion

It lies in proper planning, recurrent security assessments and training, and designing a thorough cloud strategy. Organisations can effectively deploy cloud computing by proactively going for the challenges while keeping the possible downsides to their minimum.