What Are Some Of The Potential Risks Involved With Cloud ✓ Solved

What are some of the potential risks involved with cloud

After reading the below-mentioned articles, please answer the following two questions: What are some of the potential risks involved with cloud computing? Does the research and model in this article propose a viable solution to cloud-based risk management?

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Cloud computing has revolutionized the way organizations manage and store data, offering flexibility, scalability, and cost savings. However, it also presents various potential risks that needs to be addressed. One of the primary risks associated with cloud computing is data security. When sensitive data is stored on third-party servers, organizations may face compliance issues, potential data breaches, and loss of control over their information. In the article by Mackita et al. (2019), the authors outline that the increasing number of cyber threats specifically targeted at cloud infrastructures puts organizations at risk of unauthorized access and data leakage. Additionally, the dynamic nature of cloud environments can lead to issues related to data integrity, as frequent updates and changes can introduce vulnerabilities.

Another risk highlighted in the literature is vendor lock-in. Organizations may find themselves reliant on a particular cloud service provider's proprietary technologies and solutions, making it difficult to switch vendors without incurring significant costs or challenges (Puchley & Toppi, 2018). This reliance can result in decreased flexibility and can hinder an organization's ability to respond quickly to changing market conditions or enhance its offerings.

The framework proposed by Mackita et al. (2019) aims to mitigate some of these risks by introducing a robust risk management approach that incorporates various processes and methodologies tailored for cloud systems. They emphasize the need for a systematic assessment of risks throughout the cloud lifecycle, suggesting that organizations should adopt continuous monitoring and evaluation to address vulnerabilities effectively. The ERMOCTAVE framework calls for a proactive approach to identify, analyze, and respond to cloud-related risks, thereby providing a potential solution for effective cloud-based risk management.

In conclusion, while cloud computing offers numerous advantages, organizations must remain vigilant regarding the associated risks. The research and models reflected in the articles provide viable strategies to enhance risk management in cloud environments. By incorporating the recommendations from the literature, organizations can improve their resilience against data breaches and achieve better control over their cloud infrastructures.

References

  • Mackita, M., Shin, S.-Y., & Choe, T.-Y. (2019). ERMOCTAVE: A Risk Management Framework for IT Systems Which Adopt Cloud Computing. Future Internet, 11(9), 195.
  • Puchley, T., & Toppi, C. (2018). ERM: Evolving From Risk Assessment to Strategic Risk Management. HFM (Healthcare Financial Management), 1–5.
  • Fernandes, D. A. E., Soares, G. F., Gomes, J. F. S., & De Oliveira, M. D. (2019). Security and Privacy in Cloud Computing: A Survey. In 2019 IEEE 11th International Conference on Cloud Computing Technology and Science (CloudCom) (pp. 158-165). IEEE.
  • Ranjan, R. (2019). Cloud Computing: Principles and Paradigms. John Wiley & Sons.
  • Armbrust, M., Fox, A., Griffith, R., Joseph, A. D., Katz, R. H., & Parikh, A. (2010). A view of cloud computing. Communications of the ACM, 53(4), 50-58.
  • Subashini, S., & Kavitha, V. (2011). A survey on security issues in service delivery models of cloud computing. Journal of Network and Computer Applications, 34(1), 1-11.
  • Almorsy, M., Grundy, J., & Müller, I. (2016). An analysis of the cloud computing security problem. 2016 IEEE International Conference on Cloud Computing Technology and Science (CloudCom), 163-170.
  • Beal, V. (2020). Understanding the risks of cloud computing. TechTarget. Retrieved from https://www.techtarget.com/whatis/definition/cloud-computing
  • Kuo, T. C., & Smith, C. (2013). A comparison of security and privacy considerations in cloud computing. ISSN: 2057-1574, 1(1), 2013.
  • Khan, K. M., & Malluhi, Q. (2010). Cloud computing security analysis. 2010 9th IEEE International Symposium on Network Computing and Applications, 393-400.

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