Cloud computing is, simply put, an online database where one can store and access data and programs instead of through a computer’s hard drive.
It is similar to that of a Universal Serial Bus (USB) flash drive, although the difference is that files and documents are stored in an online system.
One upside to cloud computing is that files can be accessed anywhere, through laptop or even smartphone, as long there is an internet connection available.
Cloud computing also manages to secure user systems – files are protected using SSL encryption, with each user getting a separate encryption key.
Hence, this new technology seems to be a better cost saving alternative, which it is. Among cloud computing brands include Google Drive, SugarSync, 4Shared and Cubby.
On the other hand, the risks of cloud computing is not a new topic among business owners and users. Among concerns raised involve issues of privacy, compliance and legal issues.
One recent article in PC World covers topics such as who accesses data, regulatory compliance and data loss and recovery.
Corporate cloud computing is expected to grow rapidly, but with it are potential risks.