Cloud computing allows businesses to access software, storage, and computing services through the internet, providing flexibility and scalability.
Cloud service providers must adhere to stringent security protocols to protect sensitive data and comply with regulations.
Shared cloud environments can lead to cross-industry exposure, where cyber threats targeting one company can affect others on the same infrastructure.
Cloud malware attacks pose a significant risk, as attackers can inject malware into the cloud system and compromise data integrity and availability.
Compliance violations in the cloud can result in legal penalties, financial losses, and damage to an organization's reputation.