Sunday, August 9, 2020

Executive Education

Why Cloud Computing Is More Secure Than Your Local Managed System

The demand for cloud computing has grown significantly over the past few years with continued growth through 2020. Cloud computing not only offers greater flexibility but it also gives businesses the ability to scale and innovate faster, which are essential ingredients for greater profitability and customer satisfaction. However, despite all its apparent benefits, there’s still a lot of debate surrounding the cloud’s ability to protect against data breaches and malicious attacks.

While these concerns are not completely unwarranted, there’s still a lot of evidence that suggests that cloud computing is just as secure as, if not more secure than, traditional local managed IT infrastructures. In this article, we’ll highlight the most compelling security benefits of cloud computing.

Multi-factor authentication

Most cloud vendors give their customers the ability to implement multi-factor authentication as part of their service, which greatly improves their infrastructure security even if they don’t have the capability to invest into third-party systems. And unlike usernames and passwords found in traditional IT setups, you can use multi-factor authentication to protect your data using a password, token key and a biometric. This ultimately leads to better cost savings and fewer incidences of data breaches or unauthorized access to resources.

Secure updates

Performing security patches on traditional IT infrastructure is often a time-consuming and complex task. Companies that don’t have the resources needed to apply and test new security patches are especially at risk of falling victim to security breaches that could lead to significant data loss. Cloud computing solves this problem by giving you the ability to automate your security patch process and providing the tools needed to protect your infrastructure from hackers and other vulnerabilities such as cyber-attacks and malware.

Better compliance

Many industries require businesses to comply with certain IT regulations and certifications such as SOCA, HIPAA, and FISMA. Obtaining each of these certifications is an expensive endeavor for smaller organizations. However, businesses who move their existing infrastructure and applications to the cloud can gain access to IT systems and facilities that already meet the requirements of regulatory compliance.

Economies of scale

One of the biggest business benefits of cloud computing is that it’s scalable, reliable, and secure. It eliminates the need for companies to spend money on dedicated IT teams and expensive hardware, and reduces the costs associated with maintaining a centrally-managed IT infrastructure. This allows organizations to achieve economies of scale and create applications with greater productivity and consistency without dedicating significant resources to systems that must be managed over time. This means lower total cost — savings that can be returned to the bottom line or invested in growth and innovation.

The future of cloud

Cloud computing will continue to influence how businesses release new products to their customers. For companies that take advantage of the capabilities of the cloud, there will be massive cost savings and a noticeable increase in overall customer satisfaction. Cloud security will also continue to improve according to the requirements of businesses in highly regulated industries. This will not only enable businesses to work smarter, but it will also bring an unprecedented level of innovation to companies across the globe.

This article is published in collaboration with The nClouds, a leading DevOps solution provider, which helps companies with cloud migration and DevOps solutions.

The views expressed in this article are those of the author alone and not the CEOWORLD magazine.

Featured columnists
Featured Columnists at the CEOWORLD Magazine is a team of experts led by Camilla O'Donnell, James Reed, Amarendra Bhushan, and Amanda Millar. The CEOWORLD Magazine is the worlds leading business and technology magazine for CEOs (chief executives) and top-level management professionals.