Cloud Storage Risks And Benefits You Need To KNOW

Cloud storage risks and benefits

Cloud storage solutions are all the rage nowadays.

It has become one of the most popular ways for people to share, backup, and recover their most important files.

For businesses, the arrival of the cloud presents bigger benefits.

For companies, switching to a cloud-based backup solution could mean saving a lot of money on storage equipment and increasing the productivity of their teams thanks to the collaboration features that are inherent in the most reliable cloud service providers.

Backing up your files is one of the most important things you can do. This ensures that not even a document or photo is lost…and believe me, people and even businesses lose valuable data all the time.

For some, it’s not that big of a deal. But for others, it could mean everything. But why take the risk and let hard drive corruption, hackers, viruses, and hardware failure rule your life!? With cloud storage solutions, you can rest easy knowing that your files are safe and sound.

That said, there are benefits and risks to using the cloud. Today, we’ll take a look at both sides.

 

Unbeatable Benefits Of Cloud Storage

What are the benefits

When you sign up for a cloud storage service, you’re getting a lot more than storage.

Some people don’t truly understand what these services do aside from store files, and that’s not the whole picture.

Here are just some of the advantages of using a cloud storage service over a local backup solution (ex.: external hard drive, USB drive, etc.)…

 

  • It gives you a safe and secure way to back up your files. Unlike local storage solutions that are susceptible to theft, cloud storage services keep your files offsite and offer redundancy. Moreover, the files are kept secure with 128- or even 256-bit AES encryption.
  • Your files can be accessed anywhere. It may take some time to upload all of your important data to the cloud. But once they’re up there, you can access them from just about anywhere as long as you’re connected to the internet. Some providers even have mobile apps that allow you access your data and even make changes to them while you are on the go!
  • External hard drives can cost you a good chunk of money depending on the storage capacity. While cloud services usually come with a monthly fee, they are usually a lot cheaper than buying external hard drives for the purpose of backing up your data. And when you consider the number of important features included in the service, cloud solutions give you more BANG for your buck!
  • A good cloud storage solution can be a part of an overall disaster recovery plan (DRP). This is especially useful for businesses that need to get their data back right after a disaster.

 

The Risks You Need To Be Aware Of

The risks using cloud storage

Now that we know the biggest benefits and advantages you get when you use a cloud storage service, it’s time to look at the risks.

Yes, everything comes with risks…including cloud backup solutions.By knowing both sides of the coin, you can make an informed decision and conclude if such a service is best for you.

Without further ado, here are the risks:

 

  • You need high-speed internet to make the most out of cloud services. For residential users, they most likely have to put up with the slow initial upload and recovery.
  • You are dependent on a third-party organization, which stores your data on third-party servers. While this means most of the burdens are off of your shoulders since they take responsibility for your files, you have to make sure your service provider operates in the best way possible.

 

If the provider closes or is acquired by a different business, you may experience service interruption and your cost could go up. Also, it makes it harder for you to get your data back if this happens.

While all the good and bad are for your reference, it’s still up to your own judgement if the good prevail than the bad or the other way around.

For me, I believe the flexibility and practicality are the most appeal points to me when using the online storage for my important files.