Top 10 Data Security Risks for Cloud Storage

There is tremendous anxiety about security risks in the cloud. CIOs and CSOs worry whether they can trust their users (both internal and external to the enterprise)  or need to implement additional internal controls in the private cloud, and whether third-party providers can provide adequate protection in multi-tenant environments that may also store competitor data.

Security RisksThere are ten data security challenges in the cloud:

  1. Protection of confidential business, government, or regulatory data
  2. Detection of data breaches
  3. Coordination with the enterprise record management for document retention and destruction
  4. Cloud service models with multiple tenants sharing the same infrastructure
  5. Viability of the service provider in case of a business disruption or financial failure
  6. Data mobility and legal issues relative to such government rules as the EU Data Privacy Directive
  7. Lack of standards about how cloud service providers securely recycle disk space and erase existing data
  8. Auditing, reporting, and compliance concerns
  9. Loss of visibility to key security and operational intelligence that no longer is available to feed enterprise IT security intelligence and risk management
  10. An insider who does not even work for your company, but may have control and visibility into your data

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Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA's Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.