We have seen dozens of businesses pop up to help users store information in the cloud, both personal and business. The inherent benefits to data storage in the cloud are obvious: virtually limitless storage, no required maintenance or upgrades, and little to no administration overhead required. But what about the risks? You simply can’t ignore the security of the data you store in the cloud, particularly as the heat of constant cyber attacks intensifies. How can businesses trust that their data is safe when stored in third-party data centers?
Several factors play into the business decision to use cloud storage solutions today. One of these concerns the actual physical location of the stored data. This is especially relevant in today’s world of increasing government and industry regulation. Closely related to this is the need for privacy, which is itself an impetus for stricter regulations. Cloud providers deliver varying levels of service level agreements regarding the security of the information they store, and this information may need to be produced as part of legal proceedings. And yet, businesses can no longer afford to ignore one of the most significant drivers of cloud adoption – cost. The cloud can make storage far more cost-effective and workers more productive.