5 major risks of cloud computing and how they affect your performance
Cloud computing is a great way to expand your business and reach new customers. But it also comes with some risks that can affect the performance of your business.
The 5 major risks of cloud computing are cost, security, privacy, reliability, and accessibility.
- Cost: The cost of cloud computing is usually fixed in the short-term but variable in the long-term. That means you’ll have to pay more for more storage space and more processing power as time goes on.
- Security: It’s important to ensure that data stored in the cloud is secure from malicious actors who could steal it or tamper with it without your knowledge.
- Privacy: You need to be careful about what information you store on the cloud because third parties can access your data through government requests or court orders.
- Reliability: Renowned computer scientist, Bill Joy, once said “no matter who you are, most of the smartest people work for someone else.” This is why businesses are increasingly leaning on cloud computing to take advantage of the shared power of data centers that comes with it. The risks of using this type of computing as opposed to a company’s own data center are well documented.
- Accessibility: Cloud computing can be a risk when it comes to accessibility. For instance, if your internet connection is slow, you may experience lag time while trying to access data stored on the cloud. Furthermore, if you don’t have an internet connection at all you may find yourself without a way to access your data. This article discusses the risks of cloud computing and how they affect your performance in the workplace.