Cloud computing provides various advantages, such as improved collaboration, excellent accessibility, Mobility, Storage capacity, etc. But there are also security risks in cloud computing.

Some most common Security Risks of Cloud Computing are given below-

Data Loss

Data loss is the most common cloud security risks of cloud computing. It is also known as data leakage. Data loss is the process in which data is being deleted, corrupted, and unreadable by a user, software, or application. In a cloud computing environment, data loss occurs when our sensitive data is somebody else's hands, one or more data elements can not be utilized by the data owner, hard disk is not working properly, and software is not updated.

Hacked Interfaces and Insecure APIs

As we all know, cloud computing is completely depends on Internet, so it is compulsory to protect interfaces and APIs that are used by external users. APIs are the easiest way to communicate with most of the cloud services. In cloud computing, few services are available in the public domain. These services can be accessed by third parties, so there may be a chance that these services easily harmed and hacked by hackers.

Data Breach

Data Breach is the process in which the confidential data is viewed, accessed, or stolen by the third party without any authorization, so organization's data is hacked by the hackers.

Vendor lock-in

Vendor lock-in is the of the biggest security risks in cloud computing. Organizations may face problems when transferring their services from one vendor to another. As different vendors provide different platforms, that can cause difficulty moving one cloud to another.

Increased complexity strains IT staff

Migrating, integrating, and operating the cloud services is complex for the IT staff. IT staff must require the extra capability and skills to manage, integrate, and maintain the data to the cloud.

Spectre & Meltdown

Spectre & Meltdown allows programs to view and steal data which is currently processed on computer. It can run on personal computers, mobile devices, and in the cloud. It can store the password, your personal information such as images, emails, and business documents in the memory of other running programs.

Denial of Service (DoS) attacks

Denial of service (DoS) attacks occur when the system receives too much traffic to buffer the server. Mostly, DoS attackers target web servers of large organizations such as banking sectors, media companies, and government organizations. To recover the lost data, DoS attackers charge a great deal of time and money to handle the data.

Account hijacking

Account hijacking is a serious security risk in cloud computing. It is the process in which individual user's or organization's cloud account (bank account, e-mail account, and social media account) is stolen by hackers. The hackers use the stolen account to perform unauthorized activities.