1. Cyber Security
Any time you store data on the Internet, you put yourself at risk for a cyberattack. This is a huge problem on the cloud, where all types of user’s data are stored by volumes on the same cloud system.
Although most cloud providers have strong security measures, which they are updating when technology becomes more advanced. This happens also with cybercriminals as well. For example, instead of hacking the cloud, hackers will attempt to hack your account instead.
2. Who is looking after your data?
The cloud is a third-party provider in which users outsource their data needs to an off-premise system. That provider does everything from updates and maintenance to security, so users are trusting their data for someone to look after, rather than themselves. Although cloud providers may ensure your data is safe, some of them are not always looking after your best interests.
3. Threats from Inside
Just as cyberattacks are on the rise, so are security breaches from the inside. Once an employee gains or gives others access to your cloud, everything from customer data to confidential information and intellectual property is up for grabs. You should be aware that you are giving sensitive information to a third-party cloud service provider and this could potentially put you at risk.
4. Intrusion from Governments
Established cloud computing vendors have gone to great lengths to promote the idea that they have the latest, most sophisticated data security systems possible as they want your business and realize that data security is a big concern; however, their credibility in this regard has suffered greatly in the wake of NSA snooping scandals.
With the recent NSA leaks and the ensuing reports on government surveillance programs, competitors aren’t the only ones who may want to take a peek at your data.
Privacy has always been a concern with the cloud. But instead of just worrying about competitors, disgruntled customers or employees breaching cloud security, businesses now have to worry about government intrusion as well.
5. What are the Standards?
What makes a cloud “safe”? A provider could have the latest security features, but due to the general lack of cloud standardization, there are no clear-cut guidelines unifying cloud providers. Further, given the plethora of cloud services in different sectors, this is especially problematic for users when determining exactly how “safe” their cloud really is.
6. Bandwidth limitations
Depending on what service you choose, there may be a bandwidth issue, like connection speed to the cloud. The bandwidth could be stuck on slow upload and download If the service is too full.
With online cloud storage, the price costs over the years might increase and tend to add up, especially for businesses. When data is stored in the cloud, more and more storage space is needed. This is when the costs will hit you. If your applications are local and your data is in the cloud, then it can add to networking costs as well.