Top Cloud Computing Security Risks for SMB

Small and medium-sized businesses (SMBs) are turning to the cloud for the mobility and affordability it provides. However, SMBs can fall victim to cloud security risks if they aren’t vigilant enough. According to Trend Micro, one of the biggest threats for SMBs when using the cloud is data breach which can be caused by either stolen or hacked devices. Data can be lost — or worse, leaked into the wrong hands — in this scenario. Fortunately, there is a way to combat this cloud security risk, and that’s to choose cloud service providers that offer remote wipe of data in case a device gets compromised.

Another cloud security risk is loss of control over one’s own data, as pointed out by IBM on their Security Intelligence portal. Transitioning to the cloud comes with standardization, but this doesn’t mean entrepreneurs should lose control over their SMBs‘ data. When entering a contract with cloud service providers, entrepreneurs should ensure the terms and conditions explicitly state who has access to which information, and to what level. Most importantly, data ownership should remain with the client, and not the third-party vendor. also weighs in with their input. The UK’s leading technology website warned SMBs of the use of different cloud storage services because it poses a cloud security risk. More and more people have been using Dropbox, Box, SharePoint, OneDrive and other similar services to store their personal and professional files, not realizing that these are popular targets for cyber attacks. Stopping employees from using such services is counterproductive (and maybe even impractical), but entrepreneurs can lessen the cloud security risk by applying fine-grained and role-based access control. This means only authorized staff can access specific sections of the cloud storage or use certain features of the cloud service the business is using.

The identification of major cloud security risks should not be a hindrance to SMBs‘ move to the cloud. Rather, these should serve as clear warnings for entrepreneurs to make the transition only when they have done the necessary preparations for it. The cloud is still a practical solution for SMBs with no budget for infrastructure or IT personnel, so it can’t be pushed aside as a less viable option compared to an on-premise solution. In the end, the good does outweigh the bad once the proper security measures are in place.

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CEO, Author of the #1 Risk to Small Businesses

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