March 25, 2016/ by rakesh ghosh

Ever since cloud computing became the most buzzed tech trend in industries worldwide, security issues were a constant reference to it. Cloud technology that streams computing power from remote servers to local devices via the web has significantly transformed the way we do business, manage documents or share files today. Certainly, such a dependency on the online space had to come with a certain degree of risk.

cloud security

The trend of massive adoption of cloud computing solutions has its dark side, which is instable security of cloud storage. Considering the amounts of data regularly sent to cloud servers, security is a justified concern, especially when it comes to businesses. As more and more workload gets transferred to the cloud, businesses of all sizes counterweight the risks and benefits of choosing to store their data in the cloud.

Though small amounts of data can safely reside in cloud, business users should be aware of the potential risks. According to the recent report by Notorious Nine, the most important cloud security threats are the following:

  1. Data Breaches
  2. Data Loss
  3. Account Hijacking
  4. Insecure APIs
  5. Denial of Service
  6. Malicious Insiders
  7. Abuse of Cloud Services
  8. Insufficient Due Diligence
  9. Shared Technology Issues

Up until recently, it seemed that for many companies, cloud threats outweighed the benefits. However, it seems that now most of them are able to find a perfect balance between having mission-critical applications provided by cloud vendors and still feeling secure with it. Apparently, the initial paranoia wasted away at least to a certain extent and more business users are ready to embrace the cloud.

As the latest Future of Cloud Computing survey reports, more and more businesses feel less concerned about their data security in the cloud. As it turns out, security has declined by 9%, but has still remained the top inhibitor to cloud technology adoption. Still, the fact that it is now seen as a major threat by 46% of users, as opposed to 55% in 2012, is a sufficient proof that the fear is gradually decreasing.

Instead, the focus of business users has turned to the problems with the complexity of IT management. Moreover, this factor gained the same percent of responses as security. This means that, whereas cloud does solve particular problems in contemporary business, it does pose additional challenges. Though cloud platform is most frequently regarded as beneficial in terms of cutting long-term IT costs, it seems that not all the businesses can cope with its complexity.

Despite the general fascination with cloud solutions and their potential, there are still important issues each company needs to resolve before it successfully implements the cloud into its business processes. So far, it has most frequently been security, as this is one of the most important aspects of data management. Now the growing use of cloud components leads to an increasing complexity of their management, which proves that CIOs/CTOs are to continue exploring possibilities in the cloud until they’re able to tailor them according to their needs.