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Enlist the different types of risk when moving to cloud service.

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Major Challenges and Risks of Cloud Computing

Cost - Companies can save some money on system maintenance, management, and acquisitions. But they also have to invest in additional bandwidth, and the absence of routine control in an infinitely scalable computing platform can increase costs.

Service Provider Reliability - The service provider must be available when you need them. The main concern should be the service provider's sustainability and reputation.

Downtime - No seller can promise a platform that is free of possible downtime. Cloud technology makes small companies reliant on their connectivity, so companies with an untrustworthy internet connection probably want to think twice before adopting cloud computing

Password Security - Businesses should employ multi-factor authentication and make sure that passwords are protected and altered regularly, particularly when staff members leave. Access rights related to passwords and usernames should only be allocated to those who require them

Data privacy - Sensitive and personal information that is kept in the cloud should be defined as being for internal use only, not to be shared with third parties. Businesses must have a plan to securely and efficiently manage the data they gather

Vendor lock-in - "Vendor lock-in" happens when altering providers is either excessively expensive or just not possible. It could be that the service is nonstandard or that there is no viable vendor substitute.

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